by Linda Beale Offshore bank accounts–getting riskiercrossposted with Ataxingmatter As I noted in an earlier posting, the IRS has continued its focus on secret offshore bank accounts. Naturally, the media covers this issue for their wealthy readers who are following the IRS’s every action in this matter. See, e.g., Paul Sullivan, Hiding Money Overseas? You’re […]

by Tom aka Rusty Rustbelt Social Media: Is the Boss a Bleep? The National Labor Relations Board (NLRB) forced a settlement on American Medical Response of Connecticut Inc. after AMR fired an employee (and Teamsters member) who went home from work and profanely blasted her supervisor as being mentally ill on Facebook. Other employees posted […]

Guest post by Michael Halasy, Practicing Emergency Medicine PA, Health Policy Analyst, and Health Services Researcher Medical Malpractice Reform: Truth in Advertising Needed (Part One of Three) Medical malpractice liability reform (Tort Reform) has been a hotly contested item for years, as the GOP, with physician support, has continued to market this as a health […]

by Beverly Mann Laurence Tribe on the ACA … and the Supreme Court justices Argggh. In rereading my comment from yesterday to Bruce’s “Health Care ACA Act: Who does the Roberts Court Work For?” post, I realized that there’s a major part of my comment that’s, well, missing: the part that explains why I started […]

Only rarely do I think that Kevin Drum would benefit from having studied economics more in college. He almost always seems to understand economics issues better than most professional economists. Therefore I jump on an error, which, I suspect must be very widespread if Drum made it. He wrote the contribution of the airline industry […]

Karl Smith notes that the ratio of total Dividends to GDP increased from 2 to 5% since 1980 (it was 6% before the crash). He is amazed that he didn’t know this already. I am amazed that I didn’t know this already. I must admit that economists are even more determined to ignore anything which […]

Barry Ritholz’s The Big Picture carries a link to Presimetrics in the Reads to start your week section of his blog and Mike has been asked by Barry to post a chapter in the book section. Dan says: Mike’s book is one that people need to study and not skim to reinforce a dearly held […]

Matthew Yglesias writes Ragu Rajan … his explanation of why economists didn’t predict the crisis: I would argue that three factors largely explain our collective failure: specialization, the difficulty of forecasting, and the disengagement of much of the profession from the real world. Rajan glosses a leading alternative hypothesis thusly: Finally, an answer that is […]

by Tom aka Rusty Rustbelt Health Care: Cameras in the Delivery Room? In the old days the delivery of a baby was a medical procedure and dad was relegated to the waiting room. Then we went all new age, and the delivery became a tribal event. Now we seem to have reached a nice middle […]

by Linda Beale Voluntary Disclosure Renewed for Offshore Cheatscrossposted with Ataxingmatter In 2009, the IRS provided a generous voluntary disclosure program for people who had money socked into offshore accounts.  See 2009 Voluntary Disclosure Program, IRS. Ordinarily, the taxes, interest (at 20%), accuracy-related penalty (at 20% of the tax liability) and FBAR penalties –at 50% […]