AKA “Obamacare”… This summarizes the new healthcare reform bill passed on Sunday, March 21 by the US House of Representatives, and on December 24, 2009 by the US Senate.
All posts by Jim Garven
Assorted Links (4/2/2010)
Here’s a list of articles that I have been reading lately:
Source: www.boston.com
Today is Good Friday, when Christians commemorate the crucifixion of Jesus Christ. Good Friday is part of Holy Week, a series of religious holidays and observations commemorating the last week of the earthly life of Jesus Christ and his resurrection on Easter Sunday.
Source: hbswk.hbs.edu
With the increasing emphasis by business organizations on ‘green’ initiatives for sustainability, maybe we are overlooking ways to improve the ‘sustainability’ of workers, too, says HBS professor Jim Heskett .
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Robert Barro | FiveBooks
Source: five-books.com
The Lessons of the Great Depression There’s a strong tendency for the economy to recover on its own. A year ago governments saved their biggest banks from collapse, but now they are wondering how big really is too big.
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John Steele Gordon: As Peaceful as a Tea Party – WSJ.com
Source: online.wsj.com
In The Wall Street Journal, John Steele Gordon writes that the only person arrested in recent days for threatening violence against a politician targeted Eric Cantor, the No. 2 Republican in the House.
Source: online.wsj.com
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Source: www.project-syndicate.org
“At the stroke of 8:30 p.m. on Saturday, March 27, nearly a billion people in more than 120 countries demonstrated their desire to do something about global warming by switching off their lights for an hour. But the main thing that anyone accomplished by turning off the lights at nighttime for an hour was to make it harder to see”, says Bjørn Lomborg, who is the author of The Skeptical Environmentalist and Cool It, head of the Copenhagen Consensus Center, and adjunct professor at Copenhagen Business School.
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Source: online.wsj.com
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Source: www.american.com
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Daniel Henninger: Would the Founding Founders Love ObamaCare? – WSJ.com
Source: online.wsj.com
Daniel Henninger writes in The Wall Street Journal that the resistance to ObamaCare is about a lot more than the 10th Amendment.
Source: knowledge.wharton.upenn.edu
According to Wharton insurance and risk management professor Kent Smetters, inflation “destroys the value [of investments] gradually by eroding real returns over time.”
Inflation: 'Financial Death by a Thousand Cuts' – Knowledge@Wharton
Inflation: ‘Financial Death by a Thousand Cuts’ – Knowledge@Wharton Posted using ShareThis]]>
Inflation: ‘Financial Death by a Thousand Cuts’ – Knowledge@Wharton
Inflation: ‘Financial Death by a Thousand Cuts’ – Knowledge@Wharton
Posted using ShareThis
Justin Fox on the irrational market
I highly recommend viewing the 10 minute, 19 second video from the Tea with The Economist series entitled “Justin Fox on the irrational market”. Justin Fox is editor of the Harvard Business Review, and his most recent book is entitled “The Myth of the Rational Market: A History of Risk, Reward, and Delusion on Wall Street.”
Assorted Links (3/31/2010)
Here’s a list of articles that I have been reading lately:
Excessive Outrage on Retiree Subsidy Accounting – Business – The Atlantic
www.theatlantic.com
“So as blogged yesterday, the new health care plan changed the tax treatment of a subsidy for…”
Geithner and Bernanke Are Wrong about Fed Power — The American, A Magazine of Ideas
www.american.com
“Letting the Federal Reserve keep a hand in bank supervision and regulation is a mistake.”
Strategic Defaults: Lessons From the Great Depression – Economix Blog – NYTimes.com
economix.blogs.nytimes.com
“A study about debts during the 1930s calls into question current government policies that try to make mortgage payments more “affordable,” an economist writes.”
Taxes Per Person
gregmankiw.blogspot.com
Professor Mankiw crunches the numbers and observes that “The United States is indeed a low-tax country as judged by taxes as a percentage of GDP, but as judged by taxes per person, the United States is in the middle of the pack.”
Supply and Demand (in that order): Employment Reducing Policy List Updated
caseymulligan.blogspot.com
“The basic tools of supply and demand help immensely to understand and predict everyday events in our world. These days, many of those events are related to the financial crisis — or the Panic of 2008 as I call it. …”
Supply and Demand (in that order): Where’s the Continued Decline?
caseymulligan.blogspot.com
“At the end of 2008, with housing data through Oct 2008 in hand, I predicted that housing prices would continue to fall, but begin to recover in the Summer of 2009 and perhaps as early as Spring (I also …”
The ObamaCare Writedowns—II – WSJ.com
online.wsj.com
The Wall Street Journal writes that Democrats blame a vast CEO conspiracy.
Notable & Quotable – WSJ.com
online.wsj.com
Mark Steyn on complications being discovered in the new health-care law.
EnergyScam – Business – The Atlantic
www.theatlantic.com
“Thank God we have government programs like EnergyStar to help us live a greener lifestyle.”
Kathleen Parker: Too many Democrats are hiding behind Hyde
www.lacrossetribune.com
“Health care is the next-to-last thing I want to write about. The last thing is abortion, so this column is a banquet of tortures.
online.wsj.com
“Google and Verizon support a policy of minimal government involvement.”
The Ballad of Sallie Mae – WSJ.com
online.wsj.com
“A cautionary tale for our times about public subsidy, arbitrary politics and doing business with the government.”
Assorted Links (3/29/2010)
Here’s a list of articles that I have been reading lately:
Greg Mankiw’s Blog: David Brooks on the State of Economics
gregmankiw.blogspot.com
“In today’s NY Times, David Brooks has an interesting column on the field of economics. While the column is well worth reading, I think it is more wrong than right. Journalists are fond of writing articles…”
So-called Health Care Reform
I try very hard not to be partisan/political in my blogging, but the spectacle that is Washington, DC has completely taken my breath away this evening. The only thing that was “bi-partisan” about this 219–212 vote in the U.S. House of Representatives was the opposition to the Senate Bill. Specifically, all 178 House Republicans voted “no”, and 34 House Democrats voted “no”… Please read the following articles!
“Solzhenitsyn’s prophetic warning about the depersonalization of medicine..”
“Michigan Rep. Bart Stupak sold his anti-abortion soul for a toothless executive order.”
“The vote is really about who commands the country’s medical resources.”
“A landmark of liberal governance whose price will be very steep.”
Steven Landsburg's review of Gary Gorton's new book entitled "Slapped By the Invisible Hand: The Panic of 2007"
University of Rochester economist Steven Landsburg provides a nice summary of Yale professor Gary Gorton’s new book entitled “Slapped By the Invisible Hand: The Panic of 2007” (this book is available at http://bit.ly/9VCFB1). Drawing upon the metaphor of Frank Capra’s classic movie “It’s a Wonderful Life” (see http://us.imdb.com/title/tt0038650), Landsburg notes that “The great crisis of the past few years was just another bank run, pure and simple. The only difference is that this time the banks were non-traditional financial firms like Bear Stearns (as opposed to, say, the Bailey Building and Loan Association) and the depositors were large financial institutions like Fidelity (as opposed to the good citizens of Bedford Falls).”
]]>Steven Landsburg’s review of Gary Gorton’s new book entitled “Slapped By the Invisible Hand: The Panic of 2007”
University of Rochester economist Steven Landsburg provides a nice summary of Yale professor Gary Gorton’s new book entitled “Slapped By the Invisible Hand: The Panic of 2007” (this book is available at http://bit.ly/9VCFB1). Drawing upon the metaphor of Frank Capra’s classic movie “It’s a Wonderful Life” (see http://us.imdb.com/title/tt0038650), Landsburg notes that “The great crisis of the past few years was just another bank run, pure and simple. The only difference is that this time the banks were non-traditional financial firms like Bear Stearns (as opposed to, say, the Bailey Building and Loan Association) and the depositors were large financial institutions like Fidelity (as opposed to the good citizens of Bedford Falls).”