Introducing the In Depth series on the actual workings of capitalism. Commentary on economic theories.
Video Post – Introduction to In Depth Capitalism Series
free-market ideology
Recently Noted – about healthcare
The New York Times has a piece this Sunday (7/30/17) by the well-known former Bush II economics advisor Greg Mankiw, “Why Healthcare Policy Is So Hard”. The article broadly acknowledges what every other developed country has recognized for decades, healthcare is not a good candidate for market control. Interesting that --->> read more -->>
economy
Recently Noted: World Inequality Report 2018 – findings and policies
Inequality in the World – findings Inequality in wealth and income is not a new phenomenon. Nevertheless, recent decades in the US, and as this new report World Inequality Report 2018 shows, the world has seen a real explosion in inequality. As shown in the charts below the US is --->> read more -->>
free-market ideology
Healthcare and Markets – why don’t they work together?
A consistent chattering point in American discussions of healthcare is the claim that if we can only bring transparency and competition to healthcare we will drive prices down and bring sanity to healthcare. The rest of the world knows that this is not the answer but we seem to remain --->> read more -->>