by Rebecca Wilder EA Balance of Payments: the Current Account I’ve been doing quite a bit of research on the balance of payments flows within the Euro Area (EA). Given the complexity of the balance of payments, there are too many angles to tackle in one post. Therefore, spanning the next week I will dedicate […]

Via the must-read Susan of Texas, Ezra Klein finally comes to some of his senses: couldn’t get an answer to a very simple question: What level of spending on health care was optimal for innovation? Should we double spending? Triple it? Cut it by 10 percent? Simply give a larger portion of it to drug […]

Via the Chronicle of Higher Education (link may not be public): The Arkansas legislature is taking a different approach to reining in soaring tuition costs: Today it sent a bill to the governor’s desk that would cap the amount of money public colleges can spend on scholarships. Increases in scholarship aid lead to higher tuition […]