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The pain of external costs, imperfect information

by Ed Lotterman • June 26, 2010

Sometimes, external costs end up being internalized again. I wryly recognized that this week as I twitched while an emergency room nurse practitioner cut slits in my swollen but inadequately numbed thumb. She was draining fluid that had accumulated from…

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Boycott BP now! You might want to reconsider that

by Ed Lotterman • June 24, 2010

Like a lot of people, my wife and I are angered by the management decisions BP took that led to the ongoing oil spill in the Gulf of Mexico. But does that mean we should stop buying gas and milk…

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Crises happen, yes, but we can cut the risks

by Ed Lotterman • June 20, 2010

Call me ‘BP Lotterman.’ Servicing my pickup last week proved to me how right U.S. Senate candidate Rand Paul of Kentucky was in asserting that oil spills are just accidents that happen. Once in a while a series of things…

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Supervalu-Walmart suit probably won’t help shoppers

by Ed Lotterman • June 17, 2010

The recent news that Supervalu, parent of Cub Foods, is suing Walmart to force it to reduce the number of food items in its Midway store says a lot about the ever-evolving structure of retailing in the United States and…

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