Corporate “inversions,” as they’re known in accounting parlance, are transactions in which U.S. corporations take over smaller foreign rivals from low-tax countries and allow those rivals to replace the American firm as parent of the corporate group. On paper, the new entity — though controlled by Americans and headquartered in America — appears to be foreign, and thereby can avoid paying U.S. corporate tax. Read more» 
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Since shortages of critical drugs became a fixture of the American medical landscape a decade ago, pundits have proposed an array of incentives to encourage more production from pharmaceutical companies. But an obvious alternative or supplement — having the government manufacture the drugs — appears not to have made it to anyone’s list. Why not? Read more»
When it comes to water in America, this truth is self-evident: We are guzzlers from sea to shining sea. Nowhere, though, are the effects of our thirst as visible and self-destructive as they are in the Southwest, the fastest-growing and driest region of the country, where just one long and lonely river, the Colorado, must slake the needs of seven states. Read more»
