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    Economics / health care, Obama /

    Republican Health Care Mess

    May 18, 2012

    The Republicans have announced that they are gearing up to deal with the post-Obamacare era when, and if, the Supreme Court rules that the mandate is unconstitutional. Recall that the mandate is a part of the overall legislation that makes it mandatory to sign up for health care. This is the element of the law […]

    Economics /

    Libertarian Chaos

    May 16, 2012

    There’s not much to say. After all the brinkmanship and game playing over the debt limit last year, and after being ridiculed by pretty much everyone, the Republicans are back at it. In an election year and with last year’s plunge in the polls as evidence that voters just don’t agree with their tactics. What […]

    Economics / bank reform, banking, JP Morgan Chase, Keynes, Minsky /

    Banking and Orthodox Economics: An Ugly Brew

    May 15, 2012

    Nothing that has emerged about the JP Morgan losses announced last week has altered my original conclusion. This was a basic failure of governance, of regulatory oversight, and of control. Oh, and of orthodox economics. Again. Yes there were rules in place to prevent such losses. They were ignored. Vanity, hubris, call it what you […]

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