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    Economics / health care, health care costs, heath care reform /

    More on Health Care

    July 27, 2009

    There seems to be a misconception that there is a viable purely market driven option for the provision of health care. There isn’t. The never was. Surprisingly there isn’t too much argument about this in the world of economics. The ability of a ‘free market’ to provide a satisfactory health care system was totally debunked […]

    Economics / new home sales /

    Housing Perks Up

    July 27, 2009

    There’s no doubting that today’s release of the data for new home sales during June represents a marked improvement: we may be reaching the bottom of the real estate slump after all. This is obviously good news, so enjoy it. The actual numbers are still nowhere near those of the heady peak bubble days, but […]

    Economics / banking, Bernanke, consumer confidence, health care, Keynesian economics, real estate, stimulus, unemployment /

    Weekend Round-Up

    July 24, 2009

    What did we learn this week? That unemployment is going to be an intractable and long term problem. The free-fall phase of job losses seems to be ending, but the outlook for re-creating the lost jobs is very bleak. Frankly the sources of new jobs are still shrouded in mystery: the two strongest employers of […]

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