…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…

…The phrase “value-based payment” emerged in the 2000s as the label for all methods of payment that shift insurance risk from insurance companies and public programs like Medicare onto health…

…threat to doctors and patients. A Brief History of Value-Based Payment The phrase “value-based payment” emerged in the 2000s as the label for all methods of payment that shift insurance…

Update: (hat tip Robert Waldmann) Senate.gov voting record on middle class tax cut bill Excerpted from Linda Beale’s piece (7/25) on the numbers for the action taken by the Senate:…

by Linda Beale Yves Smith (Naked Capitalism) links to an interesting post on “Economists for Firing Larry Summers” (I’ll call this EFLS). The author of the blog is a PhD…

…himself) that the R&R estimates of the effects of taxes can’t be compared to standard estimates of the effects of spending and that they couldn’t have dealt with spending (spending…

…times, so their effects may not even show while a President is in office. And to some extent, they’re right. For instance, to use a little publicized piece of policy……

Rethinking desalination (Hat tip to The Issue.) Last month saw the release of a UN report that paints a very bleak picture of how humans are shepherding natural resources on…

Edward Leamer’s quarterly forecast was released today. It was quite pessimistic regarding the housing market: LOS ANGELES – A sustained decline will hit the U.S. housing market next year, costing…

…effects are outweighed by the positive. Actually, to be more precise, the evidence I’ve seen mostly suggests that the effects of trade are pretty small in a country like the…