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

Oregon medicaid report and use of the hospital ER

The current buzz revolves around a study suggesting increased access to health care by medicaid recipients may actually increase visits to the ER, not decrease them as the White house claims. The people at The Incidental Economist tackle the issues A few thoughts on the latest Oregon Medicaid results, the latest results aren’t actually counter […]

Brad DeLong asks questions about the financial panic of 2007-2009 and our current macroeconomic predicament

by Robert Waldmann Answering Brad DeLong’s questions Brad asks: There are a large number of serious and, so far, unanswered questions about the financial panic of 2007-2009 and our current macroeconomic predicament. Among them are: 1)Why is housing investment still so far depressed below any definition of normal? 2)Why has labor-force participation collapsed so severely? […]