…no matter the labels thrown upon them, going back 1000s of years. Its recurring features — concentrated power, weak accountability mechanisms, suppression of organized opposition — are structural problems of…

…is another’s loss” in useful things is mitigated by its transmutation into metal Money where one man’s gain is still another’s loss but is at least not a net loss…

In subtle ways, Ryan’s budget acknowledges the results of November’s election. He isn’t seeking to do away with tax increases that have already been approved, and he accepts that tax…

…shall meet a medical loss ratio as defined by the Commissioner. For any plan year in which the qualified health benefits plan does not meet such medical loss ratio, QHBP…

by divorced one like Bush caution, a long read I’ve been reading: Making Government Work by Ernest F. “Fritz” Hollings. Yes, that Hollings of Gramm and Rudman legislation fame. It…

When the housing boom ends, what is the possible impact on the US economy? This is a broad brush look at three major potential problems: 1) Increased Unemployment. 2) Loss…

…real GDP increases in China without a corresponding increase in labor share, the dead-weight loss will grow and grow and grow. Eventually the dead-weight loss can be so great that…

…in manufacturing employment. The smallest of these was a loss of -85,000 jobs in 1995 vs. for example, a loss of -170,000 in the 2002-03 slowdown. This is a warning…

…740,000 jobs in the past 5 months, or 5.8% of the total. Since the worst loss was 10.6% of the total, 45% of that loss has been regained. Construction jobs…

…where one man’s gain is still another’s loss but is at least not a net loss (through waste). This later proviso, though, only holds good for Money with an intrinsic…