Facts or Fallacies? Part I: BLS Data v. the Zombie Lump-of-Labor Fallacy-Fallacy by Tom Walker (Sandwichman at Ecological Headstand) In the third quarter of 2010 real GDP in the U.S….
by Tom Bozzo, cross-posted from Marginal Utility Competition in (increasing) service quality doesn’t reduce costs: Dane County’s two hospitals that deliver babies are each spending close to $40 million to…
Tom Walker (aka Sandwichman at Ecological Headstand) Modeling Sunshine and Shadows: Inequality, long hours and crisis Alex Harrowell at A Fistful of Euros sees sunshine beaming from the IMF in…
…Update: Ken Houghton reminds me of Tom Bozzo’s September, 2009 post Travels of a cheap tire in global economy covering part of the issue. Update two: WTO panel report on…
…Robert Shiller, Tom Lawler, Dean Baker, Doris “Tanta” Dungey, and others. There was discussion of loose lending standards (including, but not limited to subprime), lack of regulatory supervision, agency problems…
by Tom aka Rusty Rustbelt Health Care: Reality is Ugly An Indiana baby with an extremely rare condition will not be receiving $500,000 experimental surgery at Duke because the State…
by Tom aka Rusty Rustbelt Health Care: Yes, No , Sorta, Kinda, Maybe Medicare rates for physicians have been, supposedly, regulated by the SGR* formula since 1998, but the formula…
by Tom aka Rusty Rustbelt Health Care: Really, Really Bad Idea(?) The Food and Drug Administration has approved a proposal to liberalize the guidelines for lap band weight loss surgery…
by Tom aka Rusty Rustbelt Consumer Finance: Let Wal-Mart be a Bank One of the side effects of the “great recession” is damage to credit records and banking relationships for…
…tax cuts should be offset Tom Coburn, Republican from Oklahoma who says he’s “open to everything if it gets us where we need to go” regarding the commission’s deficit reduction…