King v. Burwell: Supreme Court Rules 6-3 in Favor of Federal Subsidies David Henderson By David Henderson, Jun 25 2015 SHARE POST: More here. Unfortunately, the outcome that I thought likely has happened. Here’s the ruling.
Jun 26 2015 Political Economy The Importance of Numeracy David Henderson When I was the senior economist for health policy under Martin Feldstein, chairman of President Reagan's Council of Economic Advisers, one of his biggest criticisms of politicians was their innumeracy. I agree that that matters a lot, and it's not just politicians but also many pundits who are innumerate. I started te... 17 Read More
Jun 26 2015 EconLog 1937 and 2013 Scott Sumner Bob Murphy has a new post discussing the similarities between the fiscal policy of 2013 (often called 'austerity') and the fiscal policy of 1937, which some Keynesians believe helped cause the 1937-38 depression (which was relatively deep). In fact, there are lots of similarities that Bob missed. Consider the followi... 11 Read More
Jun 25 2015 Economics of Health Care King v. Burwell: Supreme Court Rules 6-3 in Favor ... David Henderson More here. Unfortunately, the outcome that I thought likely has happened. Here's the ruling. 32 Read More