Archive for December, 2010

The Twilight Of The EU

There was a lot of talk bouncing around the blogosphere the past few days about an apparent move towards closer monetary union among the EU members. Driving that speculation were some comments from Germany’s Finance Minister. Germany is open to a discussion over whether countries that share the euro currency should harmonize their fiscal policy, […]

Is There A Primary Challenger In His Future? Don’t Count On It

It would be a significant understatement to say that President Obama has had a bad Fall. From the disaster of the elections to his bizarre press conference announcing the tax deal to calling in Bill Clinton for support he looks more and more like a man unable to get a grip on the situation much […]

An Interview With Paul Ryan

An interesting interview of Rep. Paul Ryan from the WSJ. He talks about the recent agreement on taxes, the Deficit Commission recommendations (he voted no) and health care. You might find his views on fiscal issues and the 2012 elections particularly intriguing. You can love or hate the guy but you have to pay attention […]

A Tale Of Two Christmases

If this article from the Washington Post via Calculated Risk doesn’t make you stop a moment and ponder then you probably need a compassion check. A new division is emerging in America between those who have moved on from the recession and those still caught in its grip. This holiday season, those two worlds have […]

Cosmetic Surgery And Price Competition

David Henderson points to this graph to illustrate the effect of competition on the cost of medical services. The point is that cosmetic services are rarely covered by insurance. Consumers of these services tend to pay most of the cost out-of-pocket which has served to introduce a measure of price stability not seen in other […]

The End Of The Welfare State – Coming Someday

Megan McArdle has a short, good piece up about the impending crisis of state and municipal finance occasioned by their pension profligacy. The discussion of the problem doesn’t contain any new information about the inevitable train wreck but her thoughts on the reality the developing situation represents is useful. This problem has been building for […]

A Little Perspective On Unemployment Reports

If you’re still a bit down about last weeks employment report, here are a couple of items that put a little bit different spin on things. First, I came across this in the WSJ. It makes a good argument for taking the monthly reports with a grain of salt. Judging from the closely watched payroll […]