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

Voting Yes on CalCare Means No on SB770

A bit of Political Activism Here . . . It appears SB770 is a way to slow the move to Single Payer healthcare in California. AB 1690 needs to be approved. HC4US joins union nurses in California who champion AB 1690, which sets in motion a single-payer health care coverage system for all residents in […]

Open Thread August 23, 2013 – Starting Aug. 1, the sale of energy inefficient lightbulbs was banned in the US.

A minimum standard for lightbulbs has been set at 45 lumens (brightness) per watt. Most traditional incandescent and halogen lightbulbs won’t make the cut. Switching over from older lightbulbs to newer LED bulbs will “conserve energy and help consumers save on their energy bills.” This according to the rule announced in April last year. Changing Energy Costs, […]

private equity is destroying the labors of love

Successful industrialists financial Wall Street bankers whose business practices were often are considered ruthless and unethical, capturing portions of the market, and bleeding it dry. Not much left of the hollowed-out companies other than a name and the empty buildings they once occupied. Good commentary on Simon and Schuster being bought by KKR. Is Robber […]

While Medicaid’s enrollment purge plows on . . .

While Medicaid’s enrollment purge plows on . . . GoozNew, Merril Gooz A few weeks ago, I critiqued the inequities that would inevitably result from a bare-bones universal insurance plan offered by two economists, which I dubbed it “Medicare-for-all lite.” There was one part of their plan that merits serious consideration: Automatic enrollment for everyone in some […]

Open Thread August 19, 2023 “Appeals court strikes down Utah oil railroad approval”

“The statement received pushback from environmentalists concerned that constructing new infrastructure to transport more fossil fuels will allow more oil to be extracted and burned, contributing to climate change. “Appeals court strikes down Utah oil railroad approval, siding with environmentalists,” msn.com. Additionally, communities in neighboring Colorado including Eagle County and the city of Glenwood Springs […]

Chickens, Eggs, and Krugman

Paul Krugman has the amazing ability to get me (briefly) interested in economic theory. He writes that the (non provisional) IRA has had a larger than expected impact on investment writing: Paul Krugman has the amazing ability to get me (briefly) interested in economic theory. He writes that the (non provisional) IRA has had a […]

Open Thread August 15, 2023 The Inflation Reduction Act – real climate change policy?

Briefly, Josh Bivens: “Put simply, the IRA puts the U.S. on a path where meeting its global climate change  commitments is within reach. The commitments which would provide a genuine chance at securing a livable planet for future generations if they are kept. At the beginning of August 2022, there was no such path to secure this […]

The Big Story: a 100+ year near-record decline in commodity prices is enabling continued record wage growth and employment

This is the Big Story: a 100+ year near-record decline in commodity prices is enabling continued record wage growth and employment  – by New Deal democrat No important economic data today, so let me elaborate on the matter of “immaculate disinflation,” i.e., the decline in inflation without a decline in growth. I’m going to argue […]