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“I don’t see anything wrong with asking people to pay the expected value of their health care — a mandate to get insurance to cover the catastrophic things that society would cover in any case — to avoid this type of gaming of the system.
The Baseline Scenario
Felix Salmon | Analysis & Opinion |
Anna Gelpern puts it well: “for the small but committed contingent of pari passu pointy heads, this is WorldCupOlympicMarchMadnessSuperBowl.”
Mar 26th 2012, 17:43 by R.A. | WASHINGTON IN ANCIENT Greek mythology, a three-headed dog guards the gates of hell and prevents the damned from leaving.
Free exchange | The Economist
Econbrowser
In Tuesday’s WSJ , Edward Lazear argued that we are now experiencing the “Worst Economic Recovery in History” .
Calculated Risk
On a nationwide basis, Fannie Mae and Freddie Mac own or guarantee 60 percent of the mortgages outstanding, but they account for only 29 percent of seriously delinquent loans, obviously a much lower proportion than their share of the market.Real Time Economics - WSJ
The most common jobs in the U.S. are among the lowest paid, with one notable exception — registered nurses. According to Labor Department data through May 2011 released this week , the 10 most popular professions made up more than 20% of the jobs in the U.S. economy. Nine of those occupations — administrative assistants, laborers, janitors, customer-service representatives, waitstaff, food-preparation workers, office clerks, cashiers and retail salespersons — make less than the average wage in the U.S. — $45,230.
Two candidates from emerging-market countries have been put forward for the presidency of the World Bank, along with the Obama administration’s nominee, setting up the first contested election in the history of the development institution, which is based in Washington. The American contender , Jim Yong Kim, a global health expert and the president of Dartmouth College, is considered the favorite.
The Economy and the Economics of Everyday Life - Economix Blog - NYTimes.com
Economics and Politics - Paul Krugman Blog - NYTimes.com
I’ve been getting the predictable hysterical reactions to today’s column. And it’s true — I’m a Sharia Jewish atheist Marxist who hates America!Tim Harford's Undercover Economist blog on the economics of everyday life | FT.com
From 8th July, 2006. If you want to be rich, you can try to set up a brilliantly successful company.
The Becker-Posner Blog
The narrow question whether public school teachers should continue to have tenure, as they mostly still do, opens into the broad question of the extent to which education should be provided by a free market or by the government.Grasping Reality with Both Hands
[Murray claims] elites in America have become so tolerant – afflicted with such “ecumenical niceness”, as Murray calls it – that they cannot bring themselves to “preach what they practise”. Partly because of their moral squeamishness, they tend to shield their children against even the tiniest risks....Now that the Internet connection problems are resolved, at least for the moment, here are the videos from the 1st day of the INET Conference here in Berlin: 2.