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    Economics / health care /

    Health Care: What Market?

    June 29, 2009

    One of the fallacies being thrown around in the health care debate, such as it is, concerns the damage that would be done to the free market by the introduction of a lumbering government plan as competition. The problem stems from the little known fact that there is practically no market to speak of amongst […]

    Economics / crowding out effect, deficits, inflation, interest rates, liquidity premium, Martin Feldstein, Paul Krugman, social programs, Tips, US Treasury Bonds /

    Martin Feldstein: Economist or Ideologue?

    June 29, 2009

    We are back, apparently, to the thorny discussion of inflation. Depending on who you talk to inflation is an imminent scourge and thus Obama should stop all he is doing and become a Republican immediately, or else it is, at mots, a medium term threat that in no way inhibits whatever is left of Obama’s […]

    Economics / personal incomes, savings, stimulus /

    The Stimulus Arrives

    June 26, 2009

    Well at least those checks sent out to individual Americans seem to have arrived. Their impact was to jolt personal incomes in May and send the savings rate up to levels not seen for years. The release this morning tells quite a positive story on the surface with some not so good news underneath. Overall […]

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