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The Medicare Mess: An Almost Good NRO Oped

…the 2075 future value of GDP to the 2002 present value calculation put forth by Kent Smetters and Jagadeesh Gokhale that showed a $44 trillion general fund problem. Bruce also…

Housing Bubble, Revisited

…account for the corresponding increases in commute times. In fact, the value of an hour of commuting time is usually estimated to be about $15.00. If moving to the suburbs…

Lou Dobbs on Outsourcing Production of Pharmaceuticals

…the value-added comes from production in low-tax-jurisdiction production subsidiaries whereas economic reality suggests more the profits should be attributed to the value created by U.S. R&D (we could add the…

Household Income: Rising or Falling?

…discrepancy between these different statistics is the rising cost of health insurance. The Census survey asks individuals about their take-home pay, but doesn’t ask about the value of the benefits…

…over past couple of months. The year 2000 is also significant because it saw equity wealth overtake real estate wealth for the first time. The subsequent reduction in value of…