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

What is competition?

rdan A reader commented that market share statistics do not reflect whether competition occurs in a health insurance market. To stress a point he stated competition occurs when companies >1, and many states have competition of >2 major players, which makes for a more competitive market than a monopoly allows. Competition to me means that […]

Blue Dog House

Robert Waldmanndares to debate Nate Silver Nate Silver argues that health care reform might be in more danger in the House than the Senate. He notes that there are, by the standard DW-NOMINATE rating system, many conservative Democrats in the House and none (zero) in the Senate (Ben Nelson rates marginally marginally left of center). […]

The Blues Sued

Robert Waldmann In an even with some possible relevance to the ongoing health care reform debate Bayonne Hospital Center just sued Horizon Blue Cross Blue Shield accusing it of “Life-Threatening Business Practices” via John Aravosis Any thoughts ?

Kornhauser’s Tax Literacy Project–about time

edited 072909 to correct link for giving online, by Linda Beale One of my big gripes (in case you haven’t noticed) is the ease with which ordinary Americans can be fooled about tax issues by organizations, often ones with greedy purposes of furthering their own interests in lower taxes for themselves, that publish misleading or […]

CBO on Health Care: July 14th to 20th & MSM Distortions

by Bruce Webb Last week was kind of a busy time for CBO scoring with the result that some stories got over-reported and others not reported at all. So lets back up a little. Tuesday July 14. CBO scores the coverage costs of HR3200, the House Tri-Committee Bill. The CBO Director’s Blog puts this announcement […]

Fixing the fixing. Health care Deja vu

by divorced one like Bush Responding to a couple of comments to my post yesterday, I want to present some history. PARCA. Patient Access to Responsible Care Act. 1997 by Alfonse D’Amato (R-N.Y.) and Rep. Charlie Norwood, a Georgia Republican and licensed dentist who argues: “If we can protect trees and animals, why can’t we […]

CRA and Ritholtz

by cactus Since I just had a post on Bailout Nation, the book Barry Ritholtz co-wrote with Aaron Task, I figured, why not have another post about Ritholtz. See, something I read on his blog has been botheirng me for a few weeks now. Ritholtz has done a great job pointing out over and over […]

PSA: WorldCon with an Economist

The first item on Charlie Stross’s World Science Fiction Convention schedule: Thursday August 6th, 5pm (Location: P-511CF)Title: In Conversation: Paul Krugman and Charles StrossDescription: 90 minutes of Charles Stross discussing SF, economics, and other topics with Paul Krugman. [link in original] Those who might wonder why Krugman would be an appropriate guest at Anticipation (this […]

This May Make Robert Shiller and SocSec recipients happy…

but it doesn’t do that much for the rest of us. Via The Ambrosini Critique, Scott Sumner discovers there was no housing crash: The BLS claims that housing prices are up 2.1% in the last 12 months….According to the BLS, housing makes up nearly 40% of the core basket of goods and services. Further reading […]