• Home
  • Partners:
  • Leo Daily Horoscope
  • Telegram GRAM Forecasts
  • And
Tuesday July 3rd 2012

‘Economics’ Archives

Health Inequality

Health Inequality

Via Peter Orszag:Americans are living longer than ever -- but, as documented in a recent National Academy of Sciences report (“Explaining Divergent Levels of Longevity in High-Income Countries”), people with more education and income are enjoying much more rapid increases in longevity than others are. Among 50-year-old men, for example, those [...]

Preaching to the Choir

Preaching to the Choir

Paul Krugman says there was no Reagan revenue-growth miracle.Actually, I tend to agree with Paul on this one.  I am also skeptical that across-the-board tax cuts increase tax revenue (although, unlike Paul, I think that tax cuts do generate significant dynamic effects and therefore are not as costly as static estimates [...]

A Bit Too Much Gratitude

A Bit Too Much Gratitude

This caught my eye:A 2009 study of the EDA by the nonpartisan Cato Institute collected numerous government oversight reports and documented widespread abuse of taxpayer dollars. The study noted that Senate Majority Leader Harry Reid is familiar with the EDA process. In 2008, he hand- delivered a $2 million EDA check to the University of Nevada, [...]

A Look at QE2

A Look at QE2

From the University of Chicago's John Cochrane.  An excerpt:All QE2 does is to slightly restructure the maturity of U.S. government debt in private hands.  Now, of all the stories we've heard to explain our sluggish recovery, how plausible is this one: “Our big problem is the maturity structure of Treasury debt. If only those goofballs [...]

The Next Step on the Road to Serfdom

The Next Step on the Road to Serfdom

Paul Krugman writes:But nobody is proposing that the government deny you the right to have whatever medical care you want at your own expense. We’re only talking about what medical care will be paid for by the government.I wish that Paul were correct, but I am not convinced that he is. Chills went down my spine a few days ago when I read the [...]

The Demagoguing of Medicare Reform

The Demagoguing of Medicare Reform

I have been struck at the heated rhetoric surrounding Paul Ryan's Medicare reform proposal.  One thing is not often pointed out: Ryan's proposed "premium support" structure is in some ways similar to the plan put in place under President Obama's healthcare reform law.  In both cases, an individual would shop among competing [...]

Household Expectations

Household Expectations

The University of Michigan’s Survey of Consumers asks households about their future income prospects. They are asked: “By about what percent do you expect your (family) income to increase during the next 12 months?”  Here is the result:Via the Cleveland Fed.  Thanks to Mark Thoma for the pointer.The level of pessimism [...]

Barney & Fannie

Barney & Fannie

Perhaps because Barney Frank is my congressman, I took a special interest in this interview of Gretchen Morgenson, New York Times reporter and coauthor of Reckless Endangerment: How Outsized Ambition, Greed and Corruption Led to Economic Armageddon:DAVIES: What's fascinating about this story is that you have this entity , [...]

A regression I would like to see

A regression I would like to see

In his column today, David Leonhardt writes the following about college admissions:But all else equal, a low-income applicant was no more likely to get in than a high-income applicant with the same SAT score. It’s pretty hard to call that meritocracy.When I first read this pair of sentences, they struck me as odd. But in the context of the whole [...]

Markets in Everything

Markets in Everything

I bet this will prove to be a profitable business:You've committed your life to Jesus. You know you're saved. But when the Rapture comes what's to become of your loving pets who are left behind? Eternal Earth-Bound Pets takes that burden off your mind. We are a group of dedicated animal lovers, and atheists. Each Eternal Earth-Bound Pet [...]

 Page 2 of 7 « 1  2  3  4  5 » ...  Last »