Obama likes condoms

The Think Progress Wonk Room says that President-elect Obama will reverse the Bush-era rule that NGOs must refrain from promoting family planning measures if they wish to receive federal funding: “…While the policy was “purportedly designed to reduce abortion by limiting a woman’s access to abortion services, and to ensure that U.S. funding for family…

Physicians prescribing placebos

Placebos are important for medical research.  In order to determine if a certain pharmaceutical is effective, researchers compare medical outcomes between one group given the drug and another given a placebo. But should physicians give placebos to patients outside of clinical trials?  The Economist magazine reports (“Great Expectations“) on the phenomenon that many physicians are…

Wage inequality

Many economists have noted that wage growth has not kept up with overall economic growth over the past few decades.  We observe widening wage inequality since the 1970s.  Are workers getting poorer relative to the owners of capital?  Is a communist revolution needed to equalize the playing field? Economist Martin Feldstein thinks not.   “Feldstein…