Alex Berenson Quotes
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Federal laws against kickbacks bar pharmaceutical companies from directly giving money to patients for co-payments on the drugs they make.
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Microeconomics is the study of how specific choices made by businesses, consumers and governments affect the markets for different goods and services. For example, a microeconomist might examine how price changes affect sales of apples relative to oranges.
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For investors who do want to speculate in high-yield bonds, one alternative may be a junk bond mutual fund, which can offer investors the relative safety of diversification.
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Sochi started with the same problem as every Winter Olympics. Forget the crass commercialism, the fake amateurism, NBC's refusal to televise important events live to all its viewers. As an event, the Winter Games fail on the most basic level. They're lousy to watch.
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Economics pretends to be a science. Its practitioners fill blackboards with equations and clog computers with data. But it is really a faith, or more accurately a set of overlapping and squabbling faiths, each with its own doctrines.
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In the short run, using militias might be the quickest and easiest way to improve order on Iraq's streets and uproot the terrorists and guerrillas who routinely attack American troops and civilian targets.
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For a developing country, average long-run growth of 5 percent a year per capita is excellent, and 7 percent is stellar.
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The lower spreads mean lower costs for investors, because Nasdaq investors generally do not trade directly with one another. Instead, they usually buy and sell from market-makers, brokerage firms that flip shares between buyers and sellers and keep the spread for themselves.
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One of the Internet's highest-profile companies, Priceline once dreamed of transforming the way consumer goods are bought and sold by offering customers the chance to 'name your own price' for a variety of products, including airline tickets.
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As they grow, companies saturate their markets, become more complex and difficult to manage, and face larger and more entrenched competitors.
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Big swings in the wholesale price of electricity are not unusual in the summer, when high demand taxes generators' ability to supply power.
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Trailer home borrowers, mostly near the bottom of the economic ladder, often default on their loans.
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Some companies use off-balance-sheet partnerships to raise money or to buy assets without ever telling their shareholders in their financial statements.
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Information technology departments must spend enormous amounts of time and money worrying about integrating big computer systems with billions of pieces of customer data.
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If only the human body could handle trauma as well as biotechnology stocks do.
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Would-be drug companies must either produce medicines that stand up to federal scrutiny, demonstrate that their data has value to other companies, or go out of business.
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For chat-room tyros who expect to make their first million day-trading by age 27, paging through the Sunday newspaper with a pair of scissors just to save a couple of cents on Cheetos seems so, well, old economy.
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Accounting rules give financial institutions flexibility about when they choose to recognize venture capital profits.
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As the Nasdaq soared in 1999 and early 2000, demand for many offerings far exceeded the supply of shares available at the initial offering price.
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In general, investors prefer companies to reward executives for producing recurring income, not one-time gains.
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Most unfortunately, Enron's plunge into bankruptcy court also cost many of its rank-and-file employees their savings.
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Don't expect Barton Biggs to be offering his market insights on 'Bloomberg News' anytime soon. His plumber, maybe.
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At first glance, Martha Stewart, queen of artfully distressed home furnishings, might not seem to have much in common with Michael R. Milken, one-time king of junk bonds.
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In a Ponzi scheme, a promoter pays back his initial investors with money he has raised from new investors. Eventually, the promoter can no longer find enough new investors to pay off the people who have already put up money, and the scheme collapses.