Via Economists View (some of the comments are worth review as Deirdre McCloskey comments). Also see below Peter Dorman’s Review of Economism: Bad Economics and the Rise of Inequality by James Kwak at Econospeak. Adam M. Finkel at RegBlog: It Takes “Alternative Math” to Claim That Redistribution Is Futile: The unequal distribution of costs and benefits across […]
In 2026, an estimated 52 million would be uninsured in the US, a dramatic reversal from the 2016 uninsured count of 28/29 million. Pretty much, the Republicans will put healthcare back to the way it was pre-2014 if Paul Ryan’s bill is passed by Congress and Donald signs the bill in its present form. – […]
by Peter Dorman (originally published at Econospeak) Where Should We Put Economic Empiricism on the Hubris-Humility Spectrum? A bit of a kerfuffle has broken out over the claim that, as economics gets more empirical, it also gets more reliable. Russ Roberts says that, in the name of empiricism, economists are trotting out contested results to […]
Caroline Pearson at Avalere has a piece on how the House of Representatives AHAC healthcare program penalizes older and lower income people more so than higher incomes and younger people. Just to refresh your memory, the ACA penalizes people who do not have insurance based upon income. While the penalties under the ACA are based […]
NDd and I thought this one was “funny”. Not sure how to attribute:
I’ve discussed the Credit Suisse Global Wealth Reports before, an excellent source of data for both wealth and wealth inequality. The most recent edition, from November 2016, shows the United States getting wealthier, but steadily more unequal in wealth per adult and dropping from 25th to 27th in median wealth per adult since 2014. Moreover, […]
by New Deal democrat A thought for Sunday: for now the economy remains on automatic pilot –and that’s good How much, if any, of the economy, has been influenced by the Trump/Ryan GOP government in Washington to date? With one exception, not much I think. First of all, while the jobs report was certainly good, […]
4th Time in a row to the sweet 16 . . . Go Badgers. Not a repeat year; but, it was fun to watch.
Via Econospeak from Sandwichman: