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    Economics / Behavioral Economics, Bernanke, John Taylor, Martin Feldstein, Paradox of Choice, Robert Barro, Robert Lucas, Robert Thaler /

    Astrological Economics: Just What is Bernanke’s Sign?

    August 12, 2009

    For a subject as dry and mathematically inclined as economics, at least in its orthodox version, the linkage between the real world an the merely imaginary is more tenuous than most laypeople would think. This occurred to me today when I read an excellent letter in the Financial Times. In it an MIT lecturer talks […]

    Economics / health care /

    Health Care Debate: Stephen Hawking Lives!

    August 12, 2009

    A quick update on the Stephen Hawking farce carried over from yesterday: when an opponent of health care reform wants to weigh in the discussion by using a reference to one of the world’s brightest people I think it wise that they check basic facts. Like where he was born and where he lives. As […]

    Economics / health care /

    Health Care: Two Quick Thoughts

    August 11, 2009

    Most of you already realize this, but the thought is worth repeating relentlessly: if you get your health care coverage through an employer you do not have health care insurance. You have an employee benefit. Insurance is something attaching to you wherever you are and for whomsoever you work. It is personal. If you lose […]

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