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Mark Carney, chief of the central bank of Canada, was chosen to be the next Governor of the Bank of England, succeeding Mervyn King. Carney's private sector experience with Goldman Sachs has given him contacts with people in the city of London and in British industry. He also studied at Oxford for a doctorate in economics. He helped Canada strengthen the economic reforms made in the previous 15-20 years, in his position as head of the Bank of Canada, say experts. This helped Canada withstand the 2008 financial crisis better than other countries. He says he can "play a constructive role in relaunching this institution with its new responsibilities."

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Samuelson's point about the comparison with Japan and its lost decade is that Japan did poorly but it still managed to get small modest growth averaging about 1.5% for the period, and Japanese unemployment only rose from 2.1% in 1990 to 5% in 2001. Japan he says did not suffer adepression or great recession, but only a listless boring prosperity. Its only because of high growth rates of 9% from 1956 to 1973, and 4% in the 1980's, that the low growth looked bad. Japan continued to be prosperous country, and some of the choices such as the dual economy, of competitive export industries and less competitive and inefficient domestic industries, were made by society as a whole. It gave export led growth in combination with the job security and social stability of the domestic industries. Stimulus plans help in bad times but at some point the economy has to grow on its own, and the shift to other natural sources of growth has to be made, is Samuelson's other point.

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FDA questions quality of life improvement claims for drugs known as ESA's or erythropoiesis-stimulating agents, which are the drugs Epogen and Aranesp of Amgen and procrit by J&J.

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Samuelson looks at patterns of investing in stocks in the U.S. since 1982. He cites S&P's Howard Silverblatt that the P/E for the S&P 500 averaged 16.9 since 1935 and the current P/E for the U.S. is at 17.6.