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    Economics / consumption, GDP, unemployment /

    Unemployment: Worse, But Better?

    June 3, 2009

    We have reached that part of the recession that confuses everyone. The data seems to signal a change, but getting the right words to describe that change can prove elusive. Furthermore getting a good interpretation of the message contained in the data is incredibly difficult. Separating the ‘noise’ from the information often proves well nigh […]

    Economics / Bush, Keynesian economics, New Classical Economics, Reagan /

    Reagan/Bush Failure

    June 1, 2009

    It’s good to see Paul Krugman weigh in on an argument I have been trying to make for years: the worldview that dominated the entire Reagan Bush era lies at the root of our current problems. In particular the pernicious view that ‘markets’ solve everything needs to be expunged from our collective memories. This piece […]

    Economics / health care /

    Health Care and Rationing

    June 1, 2009

    I will keep this short in view of the reams we will be using as the debate roils on this year. The American health care system is irrevocably broken. It is horrible. Rotten. And the worst in any industrial country. There I said it. What I mean is that the system is broken down. Not […]

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