rdan Barkley Rosser at Econospeak raises several economic points to consider in the current political turmoil in Iran, stagflation (inflation over 17.1%) and significant unemployment (16.3%) among the whole population and perhaps double among the young (2006 data suggests the median age at 24/25 years). …There are various numbers out there, but after digging around […]
lifted from comments, by reader vtcodger Vtcodger says: You’re right that Single Payer is probably the best answer for the US. And it is probably where we will end up. But apparently, we have to beat ourselves up some more before the Washington-NewYork elite are willing to face up to reality. So, we’re going to […]
by cactus Via Steve Benen and The Reality-Based Community, an interview in >Foreign Policy with Mohsen Makhmalbaf, Mousavi’s spokesman outside Iran: FP: There has been growing criticism here in Washington that U.S. President Barack Obama hasn’t said or done enough to support those demonstrating in the streets of Iran. Do you think Obama is being […]
rdan Stefanie Kelton of New Economic Perspectives points us to Jamie Galbraith and one of his conference papers on public/private investment and globalization. (Re-posted with permission from the author.) Economic Growth and Public Investment You may check James K. Galbraith’s interesting conference paper”. (warning pdf) An important point is that “contrary to popular myth, U.S. […]
by Tom aka Rusty Rustbelt The federal government is concerned about the incidence of Medicare re-admissions. Typical scenario: an elderly patient is admitted to the hospital for pneumonia and related distress. After a four day stay the patient is discharged to a long-term care facility. A week later the patient is readmitted with acute distress, […]
by reader ilsm From the Sunday June 14 Economist View discussion over Tyler Cowen’s article on Medicare crushing the federal budget, as the DOD budget has for many years. Tyler states the devastating growth of cost is due to “the financial incentives for doctors and medical institutions to recommend more procedures, whether or not they […]
rdan Transcript of speech via CBS News. Economist View points to Peter Orzag in Financial Times.
by cactus I’ve had a few posts on healthcare in the past, such as looking at how costs increased across various presidential administrations to my own run-ins with insurance companies. So I was kind of interested in this piece on healthcare on the WSJ by Karl Rove. Let me pick a few passages and comment… […]