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

A Non Veto Threat ?

In about one month, the US Supreme Court will announce a decision on King Vs Burwell in which the plaintiffs argue that subsidies may not be paid to people who purchased health insurance on exchanges operated by the US Federal Government. The risk that they will win terrifies, among others, Senator Ronald Johnson (R-Wisconsin) who […]

JEFF JACOBY ON DRUG PRICES

Jeff Jacoby had an interesting article in the Boston Globe on Sunday where he argue that if the demand for something doubled the price must increase—it is basic introductory economics. What price is too high for a miracle drug? His argument is so typical of how so many columnist and/or bloggers demonstrate that a little […]

A Fractal Case for Big Government

Brad DeLong made a case for big government and higher deficits. Paul Krugman wrote an exagerated pun of praise. The part he liked was the appeal to myopia and paternalistic proposal “The problem is that as we move into the twenty-first century, the commodities we will be producing are becoming … more subject to myopia […]

Dear Greg Sargent: YOU may not know what Scalia and Alito were up to yesterday. But I do.*

The chief justice said almost nothing. — Supreme Court Appears Sharply Split in Case on Health Law, Adam Liptak, New York Times Okay, so how well did my predictions from three days ago hold up at the argument yesterday* in King v. Burwell? Well, I got the outcome right, but not the particulars of how it will […]

The Individual Mandate: Has the Obama Administration Silently Repealed the Rule that Virtually Everyone Must Have Health Insurance?

Maggie Mahar has been featured at Angry Bear Blog and has written for Angry Bear Blog from time to time. This article has been taken from her blog, Health Beat. Obamacare’s critics continue to argue that the Affordable Care Act (ACA) will self-destruct. Now, some claim the mandate that uninsured Americans must purchase coverage– or […]