From William Black and New Economic Perspectives: Bastiat’s warning rings true to anyone familiar with crony capitalism. “When plunder becomes a way of life for a group of men living together in society, they create for themselves in the course of time a legal system that authorizes it and a moral code that glorifies it.”
Month: March 2014
Doctors Vote With Their Feet and Move to Canada
Opponents of universal healthcare tell a lot of tall tales. In particular, one common tale we were told in the debates about whether the US could provide near-universal healthcare insurance coverage (the so-called Obamacare) was that "socialized" medicine doesn't work. In fact, an oft-repeated tale is that the Canadian socialized insurance system is supposedly so … Continue reading Doctors Vote With Their Feet and Move to Canada
How to Get Started Blogging
A presentation I'm doing for a SCAN-Wayne, a local community group/network of aging services businesses in the Metro Detroit area.
Changes
Changes coming to the blog: I'm intending to resume more active blogging, only now I'll be adding commentary and ideas on higher education and the future of teaching, as well as economics issues. After 3-4 years of strategic planning at my college, experimentation in my own classes, and the founding of Malartu.org, I think I have a few things to add to the conversations.
US Federal Budget – Links
Links for in-class discussion on US Federal Budget and fiscal policy: nationalpriorities.org Wikipedia on US Federal Budget White House and Office of Mgt and Budget on 2015 Budget Actual 2015 US Budget Proposal - from Govt Printing Office (pdf of graphs/tables)
Intergenerational Transfers, Social Security, and Medicare
The presentation I'm making to some open classes on campus this week and to a community group in early May. Bottom-line: When media pundits and politicians tell us that the older generation is "screwing" the younger generation, they're lying. There sound economic theoretical and empirical reasons for intergenerational transfer programs and social compacts like Social … Continue reading Intergenerational Transfers, Social Security, and Medicare
EconProph 