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

Why is CMS Overpaying Medicare Advantage Plans?

Introduction I am fortunate to have made the acquaintance of Kip Sullivan from reading his articles and exchanging notes over the last couple of years. He is one of the more knowledgeable authorities on Single Payer as well as healthcare costs and price, commercial healthcare insurance, Traditional versus Advantage Medicare, and why today’s healthcare is […]

An Environmental Mismatch Between Discourse, Actions, and Investments

This is a follow-on to Dan’s commentary on living on the East Coast or in the Southwest region of the country. I live in an area of the Southwest which is not experiencing the harsher impact of climate change. Even so, the higher temperatures create a drier atmosphere, thirsty for moisture, which it draws from […]

Global Oil Shortage 440,000 barrels, OPEC Falls Short 743,000 barrels

RJS, Focus on Fracking; Global oil shortage at 440,000 barrels per day in January as OPEC’s output falls 749,000 barrels per day short; 2021’s oil shortage revised to 1.5 million barrels per day OPEC’s January Oil Market Report Thursday of the past week saw the release of OPEC’s February Oil Market Report, which includes details on […]

The Russian invasion of Ukraine

Things Getting Very Worrisome  Yes, signs regarding a possible Russian invasion of Ukraine have gotten much worse in the last few days. I am hearing from my wife that Russian media are now claiming there are lots of US troops in Ukraine. Such a claim, not even backed up by some fake video, would clearly […]

Reaching Beyond Race

I just finished Reaching Beyond Race by Paul Sniderman and Edward Carmines.  They argued – in 1997 –  that people concerned with racial equality should focus on enacting policies that increase opportunities for the disadvantaged generally, using arguments that, as the title suggests, reach beyond race.  This is a common enough viewpoint, but they make […]

Omicron declines sharply

Coronavirus Dashboard for February 8: Omicron declines sharply; did Delta provide protection against the worst outcomes? As I mentioned yesterday, I haven’t posted a Coronavirus dashboard in awhile, and with Omicron in rapid retreat, it’s time for an update. To begin with, deaths are presently peaking at roughly 2450 a day, while nationwide cases are […]

contra MMT Anopinion III

Noah Smith (and many others) is irritated by a puff piece about Stephanie Kelton and modern monetery theory MMT by Jeanna Smialak in the New York Times. I am not interested in Smialak’s article. I think that Noah sums up his critique here very well “The article then demonstrates that it has little notion of […]

Student Loan Debt Cancellation Will Not Benefit the Wealthy or Young?

Student Loan Cancellation will not Benefit the Wealthy, Alan Collinge, Student Loan Justice Org. Alan Collinge History In 1972, allegations about students abusing bankruptcy3 courts were beginning to make headlines. Major newspapers were publishing anecdotes about students who took out large college loans. Supposedly then, young graduates or students quickly declared bankruptcy to avoid paying them off. The […]

Libertarians are declaring victory in the COVID wars.  Don’t let them.

Public opinion in many countries is shifting against COVID-19 precautions and restrictions – even against vaccine requirements.  This has some libertarians declaring victory.  Not only are they declaring victory, they are claiming that the rollback of restrictions shows that they were right all along, and that the restrictions were foisted on us by a corrupt […]