Michael has written for Angry Bear in the past (see two of many Prometheus and Bundled Payments and Medical Tourism, separating facts from fiction). He is a practicing PA in Emergency Medicine. My undergraduate education started with economics. I function as a health policy analyst for a couple of national organizations and as a health […]
by Linda Beale More on Private Equity, Carried Interest, Wealth, and Romney Those who’ve read much of this blog are aware of the various arguments against the notion that private equity firms are “do-gooders” that we should encourage and even subsidize (through the carried interest provision). On the whole, I believe they are part of […]
The employment report was a major disappointment. Payroll employment rose some 120,000, significantly less than the over 200,000 anticipated. Moreover, the household survey displayed a-31,000 drop in employment. The unemployment rate did tick down from 8.3%to 8.2%. But that was largely because the labor force fell -164,000 Moreover, the average work week fell from 34.6 […]
Guest post by Kenneth Thomas Top 1% Reduced Taxes in Last 3 Years but Probably Gained Income Share Citizens for Tax Justice came out with a nice report today showing that the overall U.S. tax system is just barely “progressive,” which is to say that as your income goes up, so does your tax rate. […]
by Tom aka Rusty Rustbelt Health Care Thoughts: Physicians “Rationing” Health Care Nine physician panels have recommended less testing of patients presenting with various conditions and diseases and less treatment for some diagnosis. For Details: New York Times Much of this is low hanging fruit, such as using less antibiotics for sinusitis. Some of this […]
Preramble: I posted this on my blog exactly a year ago today, in slightly different form. Dan linked to it once, from here, just a few weeks before I started writing for Angry Bear. Recent comments got me thinking about it again. In thinking about the economics of slavery, I’m considering slavery and serfdom to […]
This post is not very economic oriented except indirectly, but I felt a need to mark the extraordinary temperatures of high and some low 100 year records. Lifted and edited for readability in blog format from an e-mail newsletter sent by reader rjs come examples and links for both record setting high temperatures and consecutive days of high temperatures this March. […]
Guest post by Kenneth Thomas America Shows No Increase in College Graduation Rates over the last 30 Years Jared Bernstein (via Paul Krugman) highlights an amazing breakdown in the prospects for reducing economic inequality any time soon. Over the last 30 years, the U.S. has made no progress whatsoever in increasing college graduation rates. To […]
by Rebecca Wilder ECB Rates Policy is Clogged in Key Periphery Markets How the Euro area (EA) will grow, according to Mario Draghi: The outlook for economic activity should be supported by foreign demand, the very low short-term interest rates in the euro area, and all the measures taken to foster the proper functioning of […]