Rdan Martin Ford continues his theme in the following post, on comparative advantage: More on the Looming Structural Unemployment Crisis, and on Comparative Advantage In my previous post, I suggested that job automation technology might someday advance to the point where most routine or repetitive jobs will be performed by machines or software, and that, […]

Robert Waldmann is joining The Pigou Club and hopes for at least some discussion in comments. That is all.

Tom aka Rusty Rustbelt The Changing Face of Health Care Fraud Every President since Gerald Ford has campaigned against Medicare and Medicaid “waste, fraud and abuse.” Ditto many people campaigning for Congress. The primary fraud prevention systems are aimed at providers, with the Office of Inspector General (DHHS – CMS) and the FBI taking the […]

by cactus Recently the ex-GF and I were traveling, and we ended up flying on United. I haven’t flown on United in recent years, as it hasn’t been a major carrier in a number of the places I’ve lived recently. Now maybe things have changed since the previous time I was in a plane (a […]

I try to like the NYTimes Economics Reporting. I really do. Heck, any place that publishes Uwe Reinhardt can’t be all bad. But David Leonhardt, as he does often enough that I hesitate to read his work, again goes beyond the pale today, and clearly does so deliberately. The offending paragraph: Twenty-two months after the […]

Among the people who have been updating The Theory of Finance for the ObamaNation is Gregg Sommerville, whose job depends to some significant extent on people not believing the following riff: More music below the fold. The Bailout Rap and the Subprime Mortgage Blues

by divorced one like Bush Well, here is what I’m doing to support the US of A’s economy. It’s a lesson in the real model of economics. It is a scaled version of the concept of stimulus. I even did it by using financing just to make the model as close to real as possible. […]

Rdan Quick look at the new template, unfinished form. Any wishes?

Rdan David Zetland at Aguanomics had some fun with a lecture and thought exercise. 02 November 2009The Political Economy of Lobbying Last week, I taught my students about different auction techniques. After I auctioned four books under different rules, I auctioned $1.00 for $3.75. Now before you say “WTF?” (or perhaps I am too late!), […]