Kevin Drum: Aetna CEO: Obamacare Pretty Much On Track: “CEO Mark Bertolini passed along a couple of interesting factlets: Bertolini said about half of the company’s premium increases, whatever they […]
*Paul Krugman: On Gattopardo Economics: “Thomas Palley… raises an interesting point… …disappointed that Piketty’s book relies mainly on conventional, mainstream economics… labor and capital… paid their marginal product… True, when […]
If you want to do a serious study of the effects of a positive resource-driven macro productivity shock on a small open fixed exchange-rate economy, here’s your chance!
Ezra Klein: What’s the liberal equivalent of climate denial?: “Kahan… argu[es]… being right is irrelevant. It’s not whether one gets the answer right or wrong but how one reasons that […]
It’s Piketty Day here at Berkeley. So let me note that Robert Solow has another good Piketty review: Robert Solow: ‘Capital in the Twenty-First Century’ by Thomas Piketty, Reviewed: “Inequality… […]
@Steen_Jakobsen: Fed – Realise we have been looking for higher rates in 2 yrs time every year since 2008! It does all hinge on how rapidly our cyclical unemployment is […]
Mary Daly et al.: Interpreting Deviations from Okun’s Law: “The traditional relationship between unemployment and output growth… …known as Okun’s law appeared to break down during the Great Recession. This […]
Richard Mayhew: ObamaCare and Medical Loss Ratios: “The Medical Loss Ratio (MLR) is… the sum of money spent on claims by an insurance company plus the sum of money spent […]