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

Technology and unemployment

rdan Sandwichman, the go to guy on labor issues and author of the series Chapman, Labor, and Unemployment at Econospeak suggests an alternative to the myth of supremacy of capital, which is after all an idea that reminds me of King Midas in our little child version, but in the adult world has several versions […]

Cell Phone service and Healthcare

by cactus I can’t remember where I saw this OECD study first: Finland, the Netherlands and Sweden have the lowest prices for mobile phone calls among OECD countries, according to the latest OECD Communications Outlook. The highest were found in Canada, Spain and the United States. But after listening to folks on the right talk […]

The Doomsday Scenario

by Tom aka Rusty The Doomsday Scenario So why are conservatives so excited about health care reform? Many see the progressive left pushing a gradual move to the Doomsday Scenario, something like this: 1) private health insurance is hyper-regulated, underwriting standards are eliminated, and premium costs rise astronomically 2) employers, especially smaller employers, drop coverage […]

The Hoover Institution

by cactus For the last few decades, a many prominent conservatives and libertarians have been associated with the Hoover Institution. The Hoover of the Hoover Institution is Herbert Hoover, the guy who was president during the Crash of 1929 and under whom the Great Depression unfolded. Now, I’ve been thinking about how conservatives and libertarians […]

For example, average workers ruin the economy?

rdan The Sacremento Bee has forwarded this story (h/t reader Denis) The unionized government work force has roughly 200,000 or so employees represented by 12 labor organizations. It’s a vast, diverse group ranging from custodians to doctors, clerks to engineers. And don’t forget non-union managers. All get different contract deals with varying terms. In a […]

Health insurance plans-Goldman Sachs and Congress

rdan NYT reports on $40,000/year health plans as we discuss health payment options for health care. Goldman Sachs is one of the nation’s richest banks, and hundreds of top Goldman employees have a health care package to match — one of the “gold-plated Cadillac” plans cited by those involved in the health care debate in […]