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Archive for March 2008
March 25, 2008
During Sirius Satellite Radio’s bid to acquire XM Satellite Radio it claimed that its real competition was not from XM but all the other options — hi-def radio, MP3 players, cellphones and backseat DVDs — that consumers have for incorporating audio and media into their drive time.
March 24, 2008
There have been reports in the press that the Federal Reserve has been meeting with the U.K. and European central banks to discuss a novel idea: direct purchases of mortgage securities by these central banks to “set a floor” under their prices. This is an appalling idea, and here's why.
March 21, 2008
In doing background research on my most recent Slate article, I tried to find political reasons why California set up its three-strikes law in a way that seems crazy to economists.