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The Deficit Hawks That Make Moderate Democrats Cower

This week, the first true headline-grabbing legislative battle of the Biden administration and the Democratic Congress has begun as the $1.9 trillion pandemic relief package takes center stage in the Senate. As with any piece of rock-star legislation, the bill’s movement through the Capitol has been accompanied by backstage maneuvering, bickering, and poor judgment. Senate…

How companies should handle vaccines

THE PANDEMIC is throwing up a new set of ethical issues for businesses. The premise of “stakeholder capitalism” is not just that firms should consider the interests of employees and customers, as well as shareholders. It is that, by doing so, everyone gains; shareholders will prosper if workers and customers are treated decently. But the…