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It's not just puns that are being banned in China

Even non-linguists and those who are not China watchers could hardly escape the momentous announcement of the Chinese government last week that casual punning was being outlawed: "Punning banned in China" (11/29/14) "No laughing matter: China's media regulators ban puns" (12/3/14) "Chinese Government Moves To Crack Down On Puns" (12/5/14) "Nowhere to Pun Amid China...

beat_the_press

Are Public Pensions Taking Excessive Risks?

Andrew Biggs had a column in the Wall Street Journal last week complaining that public pension funds were taking excessive risk by having 70 percent to 80 percent of their holdings in risky assets, such as stocks and various alternative investment vehicles. In a few cases, holdings of risky assets apparently cross 80 percent. Biggs argues that this is far too high and that underfunded pension plans are now taking big gambles in the...

beat_the_press

TPP & TTIP Are Not Your Grandfather's Trade Agreements

The NYT had an article which discussed the potential political implications of a better than expected economic picture. At one point the article comments: "The White House’s push for fast-track trade negotiating powers — and eventually for a major Trans-Pacific Partnership trade pact — could be eased by growing confidence in the economy and the nation’s ability to compete internationally." This comment is essentially...