Admittedly, this unusual memory requires an internal light source, but the amount of illumination required is tiny and consumes less power than the logic circuits that are used to read data in and out.

ECONOMIST: Just press print

No amount of pressure could force reluctant negotiators to reach a deal, the logic ran, and in the meantime America was wasting diplomatic capital and neglecting other interests in the region.

ECONOMIST: Uncle Sam to the rescue

The amount you can save by cutting spending is limited by nature, nurture, or logic.

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The same logic applies to Medicaid except that in this case defined contributions also means giving states a fixed dollar amount so that they no longer have an unrelenting incentive to expand their programs.

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If so, logic says that much like Volcker before him, Bernanke has not only just control, but also some amount of credibility with the Fed board members beneath him.

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