Saudi Succession Shuffle A not unexpected event has just been announced: 31-year old Prince Muhammed bin Salman bin Abdulaziz al-Sa’ud has been elevated from Deputy Crown Prince of Saudi Arabia by his father, 81-year old King Salman bin Abdulaziz bin Abdul-Rahman al-Sa’ud, to replace his 57-year old cousin, Prince Muhammed bin Nayef bin Abdulaziz al-Sa’ud. […]
he McConnell Obamacare repeal and replace “discussion draft” is worse than I imagined possible even taking into account that it would be worse than I imagined possible. I fear he made sure it was horrible so moderate Senators could win staged battles and claim they had saved people (needless to say I am not the […]
From Robert F. Hoxie, Trade Unionism in the United States, 1917: There is much scorn of unionists by economists and employers because of this lump of labor theory with its corollaries. This scorn is based on the classical supply and demand theory and its variants. Supply is demand. Increased efficiency in production means an increase of […]
I have not had a chance to read through this; but, I thought I would put this out here for all of us to read, Senate Version AHCA McConnell Updated this post with the changes proposed in the McConnell Senate Bill as taken from today’s Washington Post. Washington Post Version How Senate Republicans Plan to […]
Diane Ravitch offers more on schools in America: Here is Andrew Coulson Series on Virtues of Privatization by dianeravitch Watch libertarian Andrew Coulson’s film, now showing on some, not all, PBS stations around the nation. It was paid for by libertarian foundations that support privatization. The lead funder–the Rose-Mary and Jack Anderson Foundation– is a […]
Institute for New Economic Thinking Lance Taylor describes his thinking on the great divide. Worth a look: President Trump, in his inaugural address and elsewhere, rightly says that over the decades since 1980 American household distributions of income and wealth became strikingly unequal. But if recent budget and legislative proposals from Trump and the House […]
George Borjas, perhaps the US’ pre-eminent immigration economist notes: Maybe it’s just me because I instinctively read in between the lines whenever I read anything about immigration, but I’m beginning to detect such a seismic shift in the immigration debate. We all know the party line by now: Immigrants do jobs that natives don’t want […]
Lifted from Middle Class Political Economist is the announcement related to Angry Bear Dr. Kenneth Thomas video series Wednesday, June 29, 2016 New book on investment incentives will help shape policies debates for years to come This past week I received my chapter author’s copy of a new book from Columbia University Press, Rethinking Investment Incentives: […]
Via Kevin MD Dr. Kenneth Lin writes another article on disappearing rural medical care. this is part of the article… I recently attended a conference in Savannah, Georgia sponsored by the Association for Prevention Teaching and Research. Since I haven’t spent much time in Georgia outside of Savannah and Atlanta, the welcoming plenary on improving health […]