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

You searched for: label/model validation

Health spending growth in the US

…Prospects” (hat tip nathan) by Glenn Follette and Louise Sheiner looks at the model used by the Congressional Budgetary Office to estimate long term health care cost increases. Bear in…

Polls and reporting

…effect from the polling firm’s results — the model allows polling firms to retain some of their house effect — but the model does adjust the poll substantially, treating it…

Red-Ink Republicans, Revisited and Reviled

…debt/deficit hysteria using what they openly call “A toy economic model,” ”a back-of-the-envelope calculation,” stating outright that “the numbers and events used in this model were made up” (they call…

Robert Reich and Sandy Weill

…that separated commercial from investment banking. And he hired my former colleague Bob Rubin, then Clinton’s Secretary of the Treasury, to oversee his new empire. Weill created the business model