Archive for October, 2011

October 31st, 2011

In the middle of his evisceration of the House Republicans’ attack on the Affordable Care Act, MIT’s Jonathan Gruber notes that the attack claims that the ACA’s tax credits are a form of spending. But…but…but…Saint Grover says that we cannot get rid of any corporate welfare tax credits because that is a tax increase!  So [...]

October 31st, 2011

The WSJ’s editorial writers often present some interesting thoughts, but today in this piece attacking California’s carbon mitigation AB32 efforts they republished a false “fact”.  It is true that a consultant estimated that California households will be paying an extra $3,800 a year in new regulatory costs.  But, this estimate is severely flawed and overstates the likely [...]

October 30th, 2011

Well, not quite a chat, but a fundraiser at my colleague Ken Klee’s house.  (Ken and Elizabeth are old friends, both being law professors who specialize in bankruptcy).  There were about 30 people there.  The obvious reactions are those that many have had: she is very dynamic and intelligent.  She has thought through the campaign [...]

October 30th, 2011

Imagine a basketball game during which the contrast between two players catches your eye. John Bull, a 5’11″ guard, makes lots of three pointers but never gets a rebound. Meanwhile, his 6’10″ Cousin Sam plays power forward, grabs many rebounds but never makes a three pointer. Would you expect John Bull to become a prolific [...]

October 30th, 2011

125 years old, still young and still hot. I love her.  I love where she stands, I love her crown of radiant wisdom and her torch and her book of laws, I love Miss Lazarus’ poem, I love that she’s an excellent sculpture on her own terms.  I love that you can buy bronze paperweights [...]

October 30th, 2011

Last week I polled my mostly-undergraduate policy design class at Berkeley as follows: A. Social Security is in very serious financial trouble and probably won’t be there for my parents B. Social Security is in financial  trouble and probably won’t be there for me C. Social Security is basically OK and just needs some minor [...]

October 30th, 2011

Alejandro Hope shreds the latest drug numbers invented by the UN.

October 30th, 2011

There’s a spike in small-business formation when people become eligible for Medicare and don’t have to fear losing health insurance if they leave their jobs.

October 30th, 2011

There’s a big gap between what the Administration said and what it should have said.

October 29th, 2011

A ropewalk in Rio illustrates the liberatinrg power of a safey net.