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    Economics / economic theory, health care, market magic, medicare /

    Health Care Price Bombshell

    May 8, 2013

    Well, now we know a little more. Or, perhaps, we just can confirm something we thought all along. Hospitals are very dangerous places for your wallet. Worse, the price you will be charged for a service appears to be almost randomly generated. This is the message within the data released by the government today. Medicare […]

    Economics / austerity, economic policy, Federal deficit, GDP, government spending, national debt /

    Seven Out Of Ten

    May 6, 2013

    Seven out of ten isn’t a bad score. It isn’t great either. It’s a majority, but isn’t totality. What am I talking about? I came across the reference to seven out of ten in Paul Krugman’s column this morning, and it’s worth pondering. Let me set the scene: One of the current most widely used […]

    Commentary /

    Do We Need Economists?

    May 1, 2013

    Not if you listen to Carmen Reinhart and Ken Rogoff (R-R) who continue to wallow in a controversy of their own making. As you are aware these are the economists whose research has, along with similar work, been the intellectual underpinning for much of the hyperventilating by right wingers about the evils of high levels of […]

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