Relevant and even prescient commentary on news, politics and the economy.

Health Care Thoughts: Accountable Care "Smackdown"</

by Tom aka Rusty Rustbelt Health Care Thoughts: Accountable Care “Smackdown” The American Medical Group Association represents about 400 very large and sophisticated multi-specialty physicians groups, such as the Cleveland Clinic group and Intermountain (Utah) group. The Obama administration had counted on these groups to be the first to create Accountable Care Organizations (ACOs), starting […]

Euro area GDP report: unbalanced

Today Eurostat released their estimate of Euro area growth for the first quarter of 2011. The economy grew smartly, or 0.8% on the quarter on a seasonally- and working day- adjusted basis. On the face of it, Euro area growth, which is 3.3% on an annualized basis, dwarfs the 1.8% seen in the US economy. […]

Random Notes on Economics, Music, and Death–and a Bleg

Excess Rents Datapoint of the Day: Since the NYT doesn’t pay Paul Krugman for his blog posts, why should reading those count as part of the “20 free articles” non-subscribers are allowed? I want the Grapelli track, but not enough to pay for a six-CD set. This—built by government employees—is the greatest accomplishment in music […]

Gingrich 2012

by Mike Kimel Alex Knapp asks his readers to suggest a campaign slogan for Newt Gingrich. He suggests: “Gingrich 2012: He will always love America. Unless it gets cancer.” I suggest this: “Cheating out of love for America” But speaking seriously – how strong of a contender do you think Newt is for the Republican […]

The Case is Made Clearly

The only time I personally owned MSFT stock was just after Thomas Penfield Jackson’s second break-up ruling, when there might have been an upside. I sold it shortly after the Appeals Court nixed the only good idea—breakup—in favor of “let them pay a fine to be determined, and let them dawdle long enough that the […]

Florida State University and Koch Brothers…significant or not?

Via Alternet and the St. Petersberg Times: A foundation bankrolled by Libertarian businessman Charles G. Koch has pledged $1.5 million for positions in Florida State University’s economics department. In return, his representatives get to screen and sign off on any hires for a new program promoting “political economy and free enterprise.” The agreement is here. […]

Courts and Affordable Care Act…Much Ado About Not Much

by Beverly Mann Much Ado About Not Much The big legal news today was the first appellate-court oral argument, this afternoon, on the constitutionality of the Affordable Care Act. The argument—arguments, actually; two separate cases were argued separately—were to a three-judge panel of the Court of Appeals for the Fourth Circuit, the regional federal appeals […]

Data Integrity Requires Personal Integrity and Vetting

Anyone who has ever worked with data knows that making certain the information is “clean” is much more important than what you do with it. Brilliant analysis of inaccurate data may make heroes (Chamley, Prescott, etc.), but it doesn’t make sensible policy. Witness the release of “public” data from the state of Texas. Jeremy once […]