From economist Tyler Cowen at Bloomberg, What Democrats Won’t Admit About Voters and Health Care But keep in mind that the American Health Care Act of 2017 does not prevent states from spending whatever is needed to cover pre-existing conditions, if
Read More
The depth of the loss is probably exaggerated. It is still very early in the term of this administration and the humiliation will subside. Still, there are some harsh lessons that should be learned . President Trump may have found
Read More
From MeganMcCardle at Bloomberg, Those Pesky Principles: This is the nature of principles-based systems. They are cold and impersonal, and ostensibly neutral machinery often produces results that look grossly unfair by any common-sense moral standard: rich people getting better treatment
Read More
From Bloomberg Megan McArdle writes Pollsters Are Worse Than Ever excerpts: I won’t opine on What It All Means. But let’s talk about the surprise factor: The polls were wrong. And as Nate Silver points out, this seems to be
Read More
from Bloomberg, Is Uber Democratic or Republican? by Emily Greenhouse notes that Marco Rubio noted the impact that Uber has on the youth’s perception of regulation. The students in my class were genuinely intrigued by this innovative service and wondered
Read More
The most profound level of inequality and bifurcated class structure is found in the densest and most influential urban environment in North America— Manhattan. In 1980, Manhattan ranked seventeenth among the nation’s more than 3,000 counties in income inequality; by
Read More
From Bloomberg Businessweek Haley Griffin writes The Napkin Doodle That Launched the Supply-Side Revolution How would you classify the Laffer Curve today? Laffer: It’s the same as always. It works. It’s not Republican, it’s not Democratic, it’s not conservative, it’s not liberal,
Read More
From Bloomberg News, Megan McArdle writes Obamacare Isn’t What’s Slowing Costs. Excerpt: If health-care cost growth is slowing down because we’re working a lot of inefficiency out of the system, then the slowdown is obviously a big win for everyone
Read More
Dear Class of 2014: Thanks for Not Disinviting Me by Stephen Carter at Bloomberg. excerpt: In my day, the college campus was a place that celebrated the diversity of ideas. Pure argument was our guide. Staking out an unpopular position
Read More
from Bloomberg Businessweek, Why Abundant Oil Hasn’t Cut Gasoline Prices by Asjylyn Loder, Mario Parker, and Matthew Philips on March 28, 2013 excerpt: This year, the law requires U.S. refiners to blend 13.8 billion gallons of ethanol into the fuel
Read More
I have posted several article seeking better information about the myths commonly accepted about the gaps in income and wealth distributions. Some of this analysis in seen here, here, here, here, here, here, and here. Daniel Greenfield in his excellent
Read More
Stanley Greenfield writes in Sultan Knish, The Perfect Prison excerpts: Bloomberg is a living model of the glass half-full theory of human behavior. This is after all a man who banned large sodas, and if you can’t trust people to
Read More
Mark Steyn writes in The National Review Online, A Tale of Two Crisis, 11/2/12. Excerpts: He appeared in New Jersey wearing a bomber jacket rather than a suit to demonstrate that when the going gets tough the tough get out
Read More
Andrew Puzder writes Job Creation Is Price for New U.S. Health Law in Bloomberg, 12/26/11: Excerpt: Our company, CKE Restaurants Inc., employs about 21,000 people (our franchisees employ 49,000 more) in Carl’s Jr. and Hardee’s restaurants. For months, we have been
Read More
The Arab Spring may throw off the yoke of dictators, but unless they also dispose of the foolish beliefs that these dictators used to hold on to power for decades their societies will continue to decline. At Bloomberg.com Jeffrey Golberg
Read More
This conversation between law professor Stephen Carter and a passenger on an airplane as written in Carter: Stagnation Explained, at 30,000 Feet, Bloomberg, May 26, 2011 reflects numerous conversations I have had with fellow business people for the last few
Read More
Tip O’Neil was noted for saying “all politics is local”, and wrote a book with that title. Apparently many local leaders feel the opposite. Local issues are rarely partisan; it is about he mundane tasks of maintaining roads, funding firetrucks
Read More
Recent Comments