Its a proven fact: Income inequality in the 11th Century was much, much less than it is today. Ah, for those good old days! ========= Feb. 26, 2014 7:32 p.m. ET All future histories of the Obama presidency will analyze the phrase “leading from behind”—the idea that the U.S. superpower should behave as no more than a co-equal partner in managing the affairs... Read more
Archive for the ‘Economics’ Category
The ObamaCare Carnival of Perverse Incentives
January 24 | Posted by mrossol | Economics, ObamaCareIncentives matter. M. Barrett =========== With fewer glitches to deter them, millions of Americans are now logging on to the ObamaCare health-insurance-exchange websites. When they get there, many are discovering some unpleasant surprises: The deductibles are higher than what most people are used to, the networks of doctors and hospitals are skimpier (in some cases much skimpier), and lifesaving drugs are often not... Read more
You don’t need statistics to know economics
January 23 | Posted by mrossol | American Thought, EconomicsTwo in one week: One succinct word for the Fed and politicians. ===== Cowperthwaite was a humanist in a field that had fallen victim to social science. I have no great confidence that Chairman Yellen will follow his lead—even if I advise her to do so—and banish statisticians from her cold marble temple on Constitution Avenue. As a highly decorated economist, she... Read more
How Britain Returned to Growth
December 17 | Posted by mrossol | Big Govt, Debt, Economics, Tax IssuesWhat could a Brit know ??? ======= As the U.S. and Britain recover from the Great Recession, the question being asked of advanced economies like ours is this: Do we now face secular stagnation and long-term decline, so that it simply won’t be possible to promise the next generation better lives than our own? Having met with policy makers and business leaders in... Read more
Where the Jobs Are—and How to Get One!
September 24 | Posted by mrossol | American Thought, Big Govt, Economics, Party PoliticsNY Times? (Sorry). ======= Bob Funk: Where the Jobs Are—and How to Get One The man who matches companies with workers talks about the skills gap, the harm from ObamaCare, and the incentive not to work. But he’ll still find you a job. Here’s something you don’t often see in Washington: a businessman trying to repeal a law that helps his company. That’s Bob... Read more
The Seven Deadly Sins of Investing
September 7 | Posted by mrossol | EconomicsGood list. ============ By KIRSTEN GRINDIt has been nearly five years since the depths of the U.S. financial crisis, and investors have learned a lot since then. Or have they? Despite the downturn that left many investors reeling from losses on everything from real estate to the stock market, when it comes to investor behavior—those hard-wired instincts that drive us all—little has changed,... Read more
