Just after I finished my Background Info on National Debt post, I ran across this from James Galbraith at New Deal 2.0. He does a nice job of pointing out some of the errors of the "oh-my-god-the-deficit-is-going-to-destroy-us-if-we-don't-cut-grandma's-social-security" crowd. For those not aware, Pete Peterson is a billionaire that has spent millions trying to frighten people … Continue reading More re: National Debt
Calculated Risk: BLS Employment Revisions on Feb 4th Testing integration with Diigo! tags: macrolinks Posted from Diigo. The rest of my favorite links are here.
Ok, so apparently 14 or more state Attorneys General, including my state's AG, Mike Cox, have filed lawsuits to try to stop the recently enacted Healthcare Reform Act. These AG's claim to acting in the interests of their citizens to "protect" them against waste, fraud, and so-called unconstitutional mandates by the federal government. Apparently in … Continue reading
I know I've been posting mostly about macro and banking lately, but here's one for the micro students. Let's look at how a community college could collect more revenue while lowering the cost of education for students. We studied about how there's a relationship between the demands for any two products. Suppose we have product … Continue reading Economic Alchemy: How to Raise Tuition but Lower Student Costs