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

Twelve Dimensional Chess

Barack Obama just won Gallup’s man most admired by US adults poll for the 11th straight time. Also, in spite of the Republicans’ determined efforts including elimination of the mandate, Healthcare.gov signups are only 4% fewer than last year’s. Finally, I am thinking about “eleven dimensional chess”. This was a joke about Obama and Obamaniacs […]

Paul Ryan wouldn’t recognize a free market if one bit him

(Dan here…lifted from Robert’s Stochastic Thoughts) Paul Ryan wouldn’t recognize a free market if one bit him Robert Costa and Mike DeBonis wrote an excellent retrospective on the career of Paul Ryan‘He was the future of the party’: Ryan’s farewell triggers debate about his legacy They are quite harsh, but not, I think, quite harsh […]

Man of The Year

“WASHINGTON (The Borowitz Report)—Capping an extraordinary 2018, Donald J. Trump announced on Thursday that he had been named Man of the Year by the terrorist organization known as ISIS. Trump made the announcement after receiving the news from the leader of ISIS, Abu Bakr al-Baghdadi, whom Trump called ‘a terrific, fabulous guy.’ ‘I got along […]

Neoliberalism as Structure and Ideology

Neoliberalism as Structure and Ideology As someone who has looked at the world through a political economic lense for decades, I am restless with the “cultural turn”.  Once upon a time, it is said, the bad old vulgarians of the left believed that economic structure—the ownership of capital, the rules under which economies operate and […]

The Gender Pay Gap

The most recent year for reported year-round earnings data available for full-time workers revealed the gender earnings gap to be 20 percent between men and women or said a different way women earned 20 percent less than men (Hegewisch 2018). The earnings gap between women and men has been measured (in the past) by taking […]

Rah Rah Economics

Rah Rah Economics Greg Mankiw read Trumponics by Art Laffer and Stephen Moore so we don’t have to: When economists write, they can decide among three possible voices to convey their message. The choice is crucial, because it affects how readers receive their work. The first voice might be called the textbook authority. Here, economists act as ambassadors […]

Department of Education to Cancel $150 million in Student Loans

CNN, Thursday: The Department of Education will implement a rule known as the Borrower Defense to Repayment created during President Obama’s Administration and blocked by Secretary of Education Betsy DeVos in 2016. The rule or regulation grants federal loan forgiveness automatically for students who could not complete their education due to the schools shutting down […]

The High Cost of End-of-Life Healthcare – Myth?

American Journal of Public Health: “The Myth Regarding the High Cost of End-of-Life Care” December 2015, Melissa D. Aldridge, PhD, MBA and Amy S. Kelley, MD, MSHS There has been a lot of talk and presentation on End of Life care and its high costs. “The Myth Regarding the High Cost of End of Life […]