Wednesday, December 10, 2008

doing the math

Dec. 10, 2008—The Treasury sold four-week notes at a 0% yield for the first time, with investors in effect giving their cash to the government for safe-keeping until 2009. WSJ A1 [make that 41 days, please]

--US students improved their math scores in an international test...WSJA1 [not a moment too soon]

--Rent-a-Womb is where Market Logic Leads. ... Massive inequality, we have learned, isn’t the best way to run an economy after all. And when you think about it, it’s also profoundly ugly... Surrogate motherhood ... is a glass-and-gender minefield. ... If surrogacy ever becomes a widely practiced market transaction, it will probably make pregnancy into just another dirty task for the working class, with wages driven down and wealthy couples hiring the work out because it’s such a hassle to be pregnant.—Thomas Frank, WSJ A12 [again, all glory laud and honor to Market God]

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