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CBO: Obamacare Costs Jobs – Not!

Read all about it! Fox News: “ObamaCare could lead to loss of nearly 2.5 million US jobs report says.” Washington Times: “Obamacare will push 2 million workers out of labor market …” The Hill: “O-Care will cost 2.5 million workers by 2024” And these are just a sampling. This hyperventilation by our right wing media, […]

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Quote of the Week #4

I came across this whilst reading Sharon McGrayne’s history of Bayesian theory, its a quote attributed to the statistician Jerome Cornfield: “A point is reached … when a continuously modified hypothesis becomes difficult to entertain seriously.” How apt. For much of economics. Looking back over the history of the development of economic theory, more precisely […]

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Opportunity Class

America is in such a funk nowadays that sometimes it can get exasperating. The disconnect between what average people believe and hope for, and what seems to dominate our political class is gaping wide open. To me the cause for this disconnect is obvious, and our rampant inequality sits squarely at the heart of the […]

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