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

Cheese-eating Job Creators (and the lump-of-labor fallacy)

I have been following Sandwichman for a long period of time. Since I do shop floor throughput exercises which no economist appears to understand in a micro sense, Sandwichman comes the closest to what I deal with on a day to day basis. Paul Krugman in 2003: “Traditionally, it is a fallacy of the economically […]

A Patient’s Story–How Much Can or Should– Your Doctor Tell You About Potential Risks?

AB Introduction: For a while now, Angry Bear has been featuring some of Maggie Mahar’s articles about Healthcare, the PPACA, and costs. Besides being a former 20th Century Foundation Fellow Maggie’s has also written as a financial journalist for Barron’s, as well as articles for Time Inc., The New York Times and other publications. Her […]

Longevity and Long-Term Care: The Medical Crisis of the 21st Century : Part 2 Update: Maggie Mahar will be doing a radio interview at 12:30 PM The Attitude with Arnie Arnesen 94.7 FM WNHN Concord NH

Maggie Mahar at The Health Beat Blog discusses Alzheimer’s care and the alternatives. Throughout the 20th century, most Americans saw “longevity” as a goal. If we took care of our bodies, we reasoned, we could “live longer and better.” But in the 21st century, I suspect that some of us will learn to fear “longevity” […]

Finally … a growing public awareness and concern about the ‘attitudinal model’ of Supreme Court votes. [Expanded repost]

Correction appended below. —- Scott Lemieux weighs in at The Week, writing that, although “Supreme Court voting is too complex to be explained by any single factor,” the “attitudinal model” – which posits that “Supreme Court votes are explained by what judges consider desirable policy” – “still contains a good deal of truth.” — Amy […]

Scott Brown says no one should work at a minimum-wage job in the U.S. forever. Instead they should move to Canada. Or Germany. Or France. Or …

I’m encouraged any time government functions. We’re a very philanthropic society. We always want people to have safety nets. Medicaid is meant to be a temporary measure to provide benefits for people who are in difficult circumstances. It’s not meant to be going on forever. — Scott Brown, when Politico reporter Kyle Cheney asked him […]

Greece, Greece, I Tell You!

It’s not every day that a law professor has his book quoted by the Supreme Court, and so the University of Baltimore‘s Michael I. Meyerson was understandably intrigued when his 2012 work about the Framers’ views on religion made it into Monday’s decision on public prayer. But the plug from Justice Anthony M. Kennedy, who wrote the […]

Town Governments Are People, My Friend.

For citizens against the prayers, the decision sets dangerous church-state precedent. For the town of Greece, court’s ruling is a victory for religious freedom. — Brett Harvey, senior counsel at Alliance ­Defending Freedom, which represented the town of Greece, in Town of Greece v. Galloway, at the U.S. Supreme Court, writing as a guest in […]

Michael Hiltzik: “‘If I had to guess, this case won’t go well for retirees,’ [U. Mich. law prof. Nicholas] Bagley writes.”

In an era in which corporations have been trying every possible stratagem to cut employee benefits (see our look at the Obamacare employer mandate earlier today), a new threat to retirement benefits has just arisen. The source of the threat is the Supreme Court, which earlier this month agreed to rule on when or whether employers can […]

Check your privilege again, Mr. Fortgang, and prove that you really did get into Princeton as a merit admittee. [Format-corrected repost.]

It is a familiar phrase on college campuses, often meant to serve as conversational kryptonite, the final word in an argument to which there is no response. “Check your privilege.” But Tal Fortgang, a Princeton freshman from Westchester County, had a response. – At Princeton, Privilege Is: (a) Commonplace, (b) Misunderstood or (c) Frowned Upon, […]

Krugman: If you don’t like the mandate, why not support single payer?

Bill Gardner at The Incidental Economist offers a rather decorous, mild reply to the people making [the argument that guaranteed health insurance is an assault on America’s freedom]. I’d put it more forcefully: the pre-ACA system drastically restricted many people’s freedom, because given the extreme dysfunctionality of the individual insurance market, they didn’t dare leave […]