July 2011

Friday, 22 July 2011

The Weirdness of 10-Year Deficit Reduction

The Baseline Scenario: “The weird thing is that if you are claiming deficit reductions against the CBO’s baseline, I think intellectual honesty requires you to point out that, according to the CBO’s baseline, there is no deficit problem.”


Thursday, 21 July 2011

Tears, congratulations as Atlantis lands, shuttle program ends



Sunday, 17 July 2011

The Illusions of Psychiatry

Marcia Angell: “Not only did the DSM become the bible of psychiatry, but like the real Bible, it depended a lot on something akin to revelation. There are no citations of scientific studies to support its decisions.”


Wednesday, 13 July 2011

Why Taxes Will Rise in the End

David Leonhardt: “For taxes to remain where they are, Washington would need to end Medicare as we know it, end Social Security as we know it, severely shrink the military — or do some combination of the above”


Tuesday, 12 July 2011

Time is of the essence, any US budget deal will do

Larry Summers: “Usually the media and Washington take too short a view. Now is the rare time when all need to remember that you only get to the long run through the short run.”


Friday, 8 July 2011

Amazing Fact! Science Proves Health Insurance Works

Bloomberg: “The one surprise was that there was no evidence of “crowd-out”: Medicaid coverage didn’t make someone more or less likely to purchase private insurance.”