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Health Care Oddities

The silliness associated with health care can be extraordinary at times. Paul Krugman today comments on the apparently common notion that government health care cannot work – it does in many countries; and that a private system can work anywhere – it cannot, as I tried to explain yesterday. Plus as he points out: America […]

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More on Health Care

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 […]

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Housing Perks Up

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 […]

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