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

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In Defense of Deficits

…one or the other of these two great financial motors–public deficits or private loans–has to be in action. For ordinary people, public budget deficits, despite their bad reputation, are much…

The form of health insurance matters

…of the people. They should be out on the stump, explaining to people why public provision of education (public schools, public universities), medicine (medicare, medicaid, and a new public option…

Education Spending

…high school cost between public and private schools is that the private schools do significantly worse than the public schools. I wonder what their equivalent of the teachers unions are?…

Singapore and healthcare

…management and claims processing; a well-developed information system with strong security and accounting controls; and effective public education in the proper use of medical accounts. Within the private-public mix, he…