Cartoon Of The Day: The Hostile Takeover
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Jan 262010
Economics 101: Moral Hazard
Amusing
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Jan 232010
This CF&P Foundation’s Economics 101 video discusses the Moral Hazard, which occurs when bad choices are subsidized. This often happens when government intervention lets people take risks while having little or no skin in the game. Housing policies, for instance, subsidized mortgages, thus enabling irresponsible borrowing and leading to bubbles and bailouts. Politicians may be setting the stage for the next crisis with a too big to fail policy that will subsidize the biggest financial institutions.
Cartoon Of The Day
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Dec 302009
Cartoon Of The Day
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Dec 272009
Dec 152009
I wonder if Obama (D-Kenya) will blame George Bush for this one.
Health officials are recalling hundreds of thousands of doses of swine flu vaccine after tests indicated they may not be potent enough to protect against the virus.
The Centers for Disease Control and Prevention notified doctors about the recall Tuesday. The recall involves about 800,000 doses made by Sanofi Pasteur. The doses are pre-filled syringes intended for young children, ages 6 months to almost three years.
Health officials recommend children those ages get two doses, spaced about a month apart.
Health officials say it’s not clear how many doses have already been given, but they don’t think children need to be re-vaccinated. The lots passed potency tests when they were first shipped, but tests indicate the potency waned after.