Test Bed For Gridlock?

July 19, 2017

We all complain about the gridlock in Washington. Nothing, it seems, can get done. Everyone becomes more and more cynical and disenchanted with government. Our belief and faith in our key democratic institutions plummets. And so on. That's the story repeated relentlessly in the media.

So wouldn't it be nice if we could examine a [more…]

Apologies Not Accepted

July 18, 2017

OK, let me get back to it:

I have just read a set of short papers over at a journal aptly named Democracy. The papers are held together under the banner:Symposium: has Economics Failed Us?

Naturally that question was sufficient to get my attention, but reading through the material was so depressing.

Why?

Because there [more…]

Healthcare Abyss

July 18, 2017

What are we to make of a major political party that is prepared to cast tens of millions of voters into the abyss? Really?

What are we to make of a major political party that had no response to its own signature battle cry? "Repeal Obamacare!" Then what?

Nothing, that's what.

What are we to [more…]

Healthcare Update

June 27, 2017

The Congressional Budget Office released its analysis of the Senate's healthcare bill. It is as damning as expected. All you need to know is encapsulated in this one chart from the report:

Here's a clue to the real objective: near the bottom of the chart is a bar indicating the cost to the Federal government [more…]

Economics 10Whatever

June 27, 2017

I have been less vexed about economics recently precisely because I have been focused on other, and more urgent, topics. The politics of our age are wondrously absorbing, if not a little disturbing. In any case I do try to keep an eye on what economists are up to. In that endeavor I came across [more…]