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

You searched for: label/Happy New Bears

Fixing the fixing. Health care Deja vu

…consumers and providers to what managed care was doing in the late 90’s. People were not happy at all. From the Frontline article: According to a recent survey by Robert…

Money Metric Welfare and "Economic Efficiency"

…has a utility function which describes how happy they are as a function of outcomes. EV_i says they are equally happy in state A and in (state B plus they…

No room for humans in idealogy

…suppose. I declared myself happy in principle with the notion of overthrowing Saddam Hussein, just as I was happy to see the Taliban chased from power. But I wanted everyone…

Measuring Well-Being

…people in another place or another time? The paper by Blanchflower and Oswald uses survey data to try to estimate how happy people are in various countries, and to compare…

The Fed Raises Rates

…in energy prices, however, has not notably fed through to core consumer prices. If it weren’t for this last happy condition – that higher energy prices have not yet appeared…