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

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A futile quest

…that accurate system-wide measurement is financially or technically feasible. The Minnesota Health Care Access Commission (in 1991) and the Minnesota Health Care Commission (in 1993) were the first of several…

Greenspan on the Current Account Deficit

…Interest rate and exchange rate management would have limited effects, as would deficit-reduction efforts. The US CA deficit can’t keep growing forever. Sooner or later it’s going to stop growing,…