Posts Tagged ‘fiscal policy’

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    Opposing Austerity

    Apr 12, 12 • 512 Views • No Comments

    Thinking about our fiscal woes, I keep returning to the fallacy of composition. Here it is: When one farmer harvests a huge crop and sells it, her profits soar. But if every farmer grows more and sells more, then the price drops. Similarly, if one person......  [read more]

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    Health Care Costs

    Mar 10, 12 • 479 Views • No Comments

    Looking forward to your daily Double Chocolaty Chip Frappuccino, you see that the calorie count sign says 500 calories. Change your mind? Most studies indicate that knowing a calorie count has little if any impact on purchasing decisions. Then, you stroll to......  [read more]

  • The Congress and the Fiscal Cliff

    A Clunker Stimulus?

    Feb 15, 12 • 621 Views • No Comments

    It would be so nice if we could say, “Yes, the 2009 stimulus was a good idea,” or “No, it was not.” Instead, the debate continues. Discussing his new book, journalist Michael Grabell tells us that we are unnecessarily dividing......  [read more]

  • The US is again hitting its debt ceiling.

    Greek Austerity Facts

    Feb 10, 12 • 771 Views • No Comments

    With a March 20 deadline approaching, new European bailout negotiations continue to emphasize austerity. Curious about what austerity specifically meant, I looked at a Greek newspaper. In the sports section, they discussed the plight of Greece and the......  [read more]

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    Naming the Weather

    Feb 9, 12 • 439 Views • No Comments

    BMW had to apologize for bad weather.  It all began when their advertising agency decided to buy naming rights to a high-pressure area. Like hurricanes are named alphabetically in the U.S., high- and low-pressure weather areas that approach Central Europe......  [read more]