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

You searched for: label/deadweight loss

loss and damage, which is another way of saying that the North owes the South a climate debt for the huge destructive force. I mean, Barack Obama just asked for…

Why We Use Statistics, NFL Example Edition

…the distribution of your wins and losses. But, just for fun, let’s look at the four teams: Team Wins Losses Point Differential Bengals 4 5 -11 Dolphins 4 5 -13…

Health Care Thoughts: Innovation is Good Except

…backed up by stop-loss insurance for large claims. I have worked with employer plans down to the 100 employee size. Now small employers are trying to cope with fast rising…

Insurance and Birth Control

…the risk of a contingent, uncertain loss.“ The first question this prompts in my mind regarding insuring against (unwanted) pregnancy is what loss does that pregnancy entail? The answer is…