Jim Garven's Blog

A blog exploring the intersection of economics, finance, insurance, risk management, and life in general

Archive for the 'Politics' Category

Assorted Links (2/23/2010)

Here’s a list of articles that I have been reading today (organized by topic): Economics and Public Policy

The Stimulus Evidence One Year On, by Robert Barro

“Over five years, my research shows an extra $600 billion of public spending at the cost of $900 billion in private expenditure. That’s a bad deal.”

How Not to Stop Healthcare [...]

23 February 2010 at 14:14 - Comments

Unintended Consequences

I am reading a fascinating book at the moment, entitled “Think Twice: Harnessing the Power of Counterintuition” by Michael J. Mauboussin.  The book is about decision-making, and it provides some very useful advice for groups as well as individuals concerning how to avoid making bad decisions that generate (mostly undesirable) unintended consequences. The following excerpt from [...]

15 February 2010 at 15:09 - Comments

Assorted Links (2/3/2010)

Here’s a list of articles that I have been reading today (organized by topic): Economics and Public Policy

How to Destroy American Jobs, by Matthew Slaughter

“Obama’s proposals for increasing the tax burden on U.S.-based multinationals would harm our most dynamic companies.”

From bail-out to bail-in, by Paul Calello and Wilson Ervin

“…Paul Calello, the head of Credit Suisse’s [...]

3 February 2010 at 13:52 - Comments

Assorted Links (2/1/2010)

Here’s a list of articles that I have been reading today (organized by topic): The Economy

Why the Recovery Will Be Robust, by David Ranson

“It’s the normal V-shaped bounce after a deep recession.”

Economics and Public Policy

The Crack-up, by Vincent Reinhart

“The administration might be settling for superficial progress on financial reform to avoid being on the wrong [...]

1 February 2010 at 12:20 - Comments

Assorted Links (1/25/2010)

Here’s a list of articles that I have been reading today (organized by topic): Economics Peter Schiff provides some fascinating commentary on the American Samoan economy and the assortment of unintended consequences associated with the imposition of the federal minimum wage by the US Congress (recorded January 17, 2010):

Financial Crisis and Public Policy

The President’s Bank Reforms [...]

25 January 2010 at 13:10 - Comments

Prediction Markets’ take on the 2010 United States Senate special election in Massachusetts

Intrade.com maintains an actively traded market for futures contracts which pay 100 points (where 1 point = $.10) in the event that a specific contingent event occurs and 0 points otherwise. Thus, prices represent “risk neutral” event probabilities. I have previously blogged about how useful prediction markets can be in assessing political events such as election [...]

16 January 2010 at 15:19 - Comments

Assorted Links (1/14/2010)

Here’s a list of articles that I have been reading today (organized by topic): Foreign Policy

Obama Contra Niebuhr, by Joseph Loconte

“Supporters of President Obama’s ‘moral realism’ are unaware of many elements of Reinhold Niebuhr’s political theology.“

Health Care Reform

The Health Lady Has Yet to Sing, by Kim Strassel

“ObamaCare is still no sure thing.”

The High Cost of [...]

14 January 2010 at 22:17 - Comments

Assorted Links (12/14/2009)

Here’s a list of articles that I have been reading today (organized by topic): Economics

Paul A. Samuelson, Economist, Dies at 94, by Michael Weinstein

The Economy

Tax Cuts Might Accomplish What Spending Hasn’t, by Greg Mankiw

“LIKE our doctor facing a mysterious illness, economists should remain humble and open-minded when considering how best to fix an ailing economy. [...]

14 December 2009 at 19:41 - Comments

Assorted Links (12/11/2009)

Here’s a list of articles that I have been reading today (organized by topic): Financial Crisis and Public Policy

Wall Street Reform Hits Main Street, by Gregory Zerzan

“A bill in the House threatens to impose a massive tax on America’s most successful companies by subjecting them to bank-style regulation.”

Do We Really Need a Systemic Regulator?, by [...]

11 December 2009 at 09:44 - Comments

Assorted Links (12/8/2009)

Here’s a list of articles that I have been reading today (organized by topic): Economics and Public Policy

An Empire at Risk, by Niall Ferguson

“We won the cold war and weathered 9/11. But now economic weakness is endangering our global power.”

Finance

Fama Lecture: Masters of Finance

“From the American Finance Association’s “Masters in Finance” video series, Eugene F. [...]

8 December 2009 at 14:15 - Comments