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Interesting Competition in Health Care 16 Jun 2013 | 03:26 am

Southwestern Pennsylvania, the Pittsburgh region, is experiencing some interesting competition in health care -- see here for one of many articles..  University of Pittsburg Medical Center, UPMC, is t...

Update on Federal Spending 26 May 2013 | 01:15 am

Back in December of 2012, I wrote this post on Federal outlays, expressing my fear that the stimulus spending of 2008-09 had become permanent. Below is a chart with the data updated to 2013 (projecte...

Poetic Justice 27 Apr 2013 | 06:28 am

Ah, you have to love this.  So the only health plans the Federal Government can make available to members of Congress and its staff are plans offered through an Exchange. But for Members, their incom...

Confusion in Europe over Failed Banks 26 Mar 2013 | 06:09 pm

Yesterday, there was much consternation over the comments of Jeroen Dijsselbloem, Dutch finance minister and the chairman of the Eurogroup.  What did Mr. Dijsselbloem say? "If there is a risk in a ba...

The Senate Budget Does Not Cut Spending 24 Mar 2013 | 01:42 am

I heard on the radio this morning about how the (Democratic) Senate budget (first one passed in 4 years, and by a 50-49 margin) "cuts spending." Let's be very careful here -- see this from The Hill: ...

The Arkansas Compromise: New life for Medicaid Expansion 23 Mar 2013 | 09:54 pm

No, that is not a mistake in the title, although if you google Arkansas Compromise many of the results have to do with the Missouri Compromise. The Arkansas compromise on the Medicaid expansion under...

A Tale of Two Trends 20 Mar 2013 | 07:20 pm

I find it interesting to see how scientists and pundits are playing two different trends, one of global temperature and the other of US health spending. The trend in each of these is important.  For ...

Why are Cyprus Banks in Trouble? 19 Mar 2013 | 07:55 pm

In all the talk about the Cyprus situation, very little is mentioned about why the banks are in such trouble.  Sure, they have a huge amount of deposits relative to GDP...but where were those deposits...

How to Create Runs on Banks 18 Mar 2013 | 12:33 am

Saturday morning, the EU finance ministers decided that the island country of Cyprus would have to appropriate a significant portion of savers' deposits in return for 10 billion euro of bailout money....

Climate Change Education in Business Schools 16 Mar 2013 | 03:24 am

I was at a workshop at the National Academy of Science this week, with the topic being how business schools address climate change in their curricula. Website is here; there should be video of the se...

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