Thursday, May 18, 2017

When Will They Ever Learn

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Earlier today I saw an advertisement, on MSN.com, for Lending Tree. The ad said “IF YOU BOUGHT YOU HOME BEFORE….YOU CAN TAKE CASH VALUE OUT...
Saturday, February 21, 2015

WHY HEALTH CARE IS SO EXPENSIVE

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One of the current trends in health care is hospitals acquiring (taking over) private medical practices. This means that doctors are no...
Thursday, October 10, 2013

THE (IN)EFFICIENCY OF THE FOR PROFIT SECTOR

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I recently received an unsolicited phone call from the Dean of a For Profit University asking me to teach a course starting the follo...
Sunday, October 06, 2013

STANDARD OF LIVING vs. COST OF LIVING

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The major problem with the debate regarding changing to the Chained CPI from the Fixed Weight CPI has to do with the fact that both are ...
Monday, July 16, 2012

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 ECONOMICS BECOMES A RELIGION In his July 14, 2012 Blog Paul Krugman stated that economists' refusal to acknowledge the errors in t...
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Wednesday, October 12, 2011

In Who’s Interest?

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The current protest, known as “Occupy Wall Street”, has engendered a growing number of epithets from the far right. Paul Krugman called it: ...
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Tuesday, October 11, 2011

Hooray for the SEC

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The SEC has recently announced that it will be looking into the practices of Hedge Funds that seem to be consistently beating the market. Th...
Sunday, August 21, 2011

It All Nets to Zero

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Earlier today I watched the Governor of Virginia, Bob McDowell, expound upon the virtues of lowering taxes to stimulate employment growth. H...
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Friday, August 12, 2011

Lets Give Them What They Ask For

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Mitt Romney and the U.S. Supreme Court have stated that Corporations are people. If that is so, then we should carry their options to their ...
Wednesday, August 10, 2011

The Pre-Ordained Failure of the Super Debt Commission

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When I opened my copy of today's "The Morning Call" (Allentown, PA) I found that the lead article was a piece about Sen (R) Pa...
Tuesday, August 09, 2011

I Hope I'm Wrong

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As I read the news and listen to the commentators I begin to fear that a prediction I made during the election campaign of 2010 will come tr...
Monday, August 08, 2011

The Sophistry of the Job Creator Argument

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About an hour ago I was on the treadmill in the gym watching Rep. Phil Gingrey (R, 11th GA) explain how he disagreed with the 63% of the Ame...
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Tuesday, August 02, 2011

Capitulation

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Barack Obama has just given the Tea Party the Victory that they need to sell themselves in 2012 election. They can point to what has been do...
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Thursday, July 28, 2011

Ignoring Downside Risk - Again

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As I listen to, and read about, the debate about raising the debt limit, I am stuck by the fact that we making the same mistakes that got us...
Wednesday, July 20, 2011

They're At It Again

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Einstein is credited with the statement:"...Insanity is doing the same thing over and over again expecting different outcomes..."....
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