Posts Tagged ‘deficit’

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    The Impact of an Asteroid

    Mar 6, 10 • 256 Views • No Comments

    From our “Economics is Everywhere” file:  Reviewing 20 years of research, a panel of 41 experts concluded that the asteroid that struck Mexico (at Chicxulub–chick-shoo-loob), 65 million years ago, extinguished the dinosaur...  [read more]

  • Deficit D

    Feb 20, 10 • 236 Views • No Comments

    2010Facing a $1.6 trillion deficit, President Obama creates the National Commission on Fiscal Responsibility and Reform. 1993:Facing a $260 billion deficit, President Clinton appoints a Bipartisan Commission on Entitlement and Tax Reform.The...  [read more]

  • Adam Smith and a Physician’s Pay

    Jan 6, 10 • 315 Views • No Comments

    Pondering healthcare reform again, I came across this comment from Adam Smith, 1776, WEALTH OF NATIONS: 22 We trust our health to the physician: our fortune and sometimes our life and reputation to the lawyer and attorney. Such confidence could not safely be...  [read more]