Steve Goldstein: What bubble? Corporate profits reach new record as share of GDP: One can make an argument about the stock market being overvalued, but the corporate profits that should […]
Yes, Obama Got the Most He Could Possibly Have Gotten as Far as Health Care Reform Is Concerned with ObamaCare. Why Do You Ask?
Richard Mayhew reminds us of a very important piece of reality. ObamaCare may not work–or may not work well–but it was the very best he could do if he was […]
Barack Obama: “The combined trends of increased inequality and decreasing mobility pose a fundamental threat to the American Dream”
Barack Obama: The premise that we’re all created equal is the opening line in the American story. And while we don’t promise equal outcomes, we have strived to deliver equal […]
Nelson Mandela (April 20, 1964): I have cherished the ideal of a democratic and free society…. It is an ideal which I hope to live for and to achieve. But if needs be, it is an ideal for which I am prepared to die.
Nelson Mandela: 1918-2013: I am the first accused. I hold a bachelor’s degree in arts and practised as an attorney in Johannesburg for a number of years in partnership with […]
The unfunded British national debt in 1715, at the end of the War of the Spanish Succession, was roughly £30 million. The individual securities that made up this unfunded debt […]
Must-Reads: Ken Rogoff: Kenneth Rogoff Calls for Expansionary Fiscal Policy via Infrastructure Investment: “Summers is certainly right that productive infrastructure investment is the low-hanging fruit…. Productive infrastructure investment that generates […]
David Cutler: JAMA Forum: Lessons From the ACA Crash « news@JAMA: The Affordable Care Act (ACA) had a rough October and November… the federal health insurance exchange website http://www.healthcare.gov did […]
Ash nazg durbatalik!–no, that is wrong: “nazg” is the Orcish word for “ring”. What is the Orcish word for “economic model” anyway? I find this morning that the intelligent, thoughtful, […]