Bob Somerby has been on a rant at The Daily Howler that “liberals” do not understand the Stupak Amendment. Unfortunately, claims he makes about Rachel Maddow and Keith Olbermann and their guests do not apply to Laurie Rubner. At the Health Affairs blog, Ms. Rubner is direct and to the point: From the very beginning, […]

Robert Waldmann My effort immediately below to explain some general equilibrium theory in English didn’t work out so well. Here I will attempt to give simple examples which show how rational individual choice and/or trade between rational consenting adults can make everyone worse off. Models will all involve strange fruit trees, that is assets which […]