Florida Legislature agreed to pass the optional Medicaid expansion. A year later it says no. The federal government pays about 69 cents of every dollar spent on the program. Florida still wants kids to pay also. More than 22K children dropped from Florida KidCare in 2024 as state challenges federal eligibility protections by Christine Jordan Sexton Florida Politics AB: In a move that some have called “egregious,” or glaringly ignorant in...

This morning starting at 7AM and 30 minutes apart. I ran across all two healthcare commentaries on MedPage and one on Florida Politics. No mistake on three healthcare posts posted in a row. Purposeful. Short commentaries. Good Reads. Discussion provoking. ...

The AI zombies will be buying when Nvidia releases its earnings. 

 – by New Deal democrat Yesterday I discussed how virtually the entire issue of inflation remaining above the Fed’s target was the housing sector. Let me start today’s post where I left off yesterday: namely, that the net level of divergence between total headline inflation and shelter inflation of 1.15% is one of the highest such divergences in history, and the longest such big divergence. Here again is the graph: Today I want to discuss...

How Famine and Starvation Could Affect Gazans for Generations to Come by Neroli Price, Salman Ahad Khan and Gabrielle Berbey Reveal News Research on World War II’s Dutch “Hunger Winter” has terrifying implications for Gaza’s malnourished children – and then for their children. Famine is already happening in parts of Gaza, a top U.S. humanitarian official  publicly acknowledged last week for the first time. After six months of Israeli war...

Aufklärung ist wichtiger denn je .[embedded content]

The Larry Summers Problem Economists too often deceive themselves and their audiences into believing they know more than it is possible to know. As keepers of this Secret Knowledge, economists are rewarded in compensation, prestige, and influence for their expertise. At a 1991 speech at a World Bank-International Monetary Fund meeting, the famed Larry Summers told an audience, “The laws of economics, it’s often forgotten, are like the laws of engineering …...

I have sometimes written retrospectives about my research program. I have been exploring the results of perturbing parameters in models of the choice of technique. This is a bit more prospective. Illustrations of One-Dimension Pattern Diagrams: I have a selection of these written up. Independence of Economic Life of Machines and Capital-Intensity: I have the analytical results I want. I am being slow to read what I need to connect results up to Austrian capital theory. I have had a much...

by Steve Roth Wealth Economics This post is prompted by Matthew Klein’s (very wonky) post about recent changes in QE/QT, and the Fed’s balance sheet. It prompted me to do a quick calculation that I’ve been meaning to get to: when household wealth increases (due to stock-market price runups or really anything else), what effect does that have on household spending in the next year? I’m going to start with a bald two-part claim. A. The...

 – by New Deal democrat There’s no economic news of significance until Wednesday’s report on existing home sales. But in the meantime I’ve read a number of takes slicing and dicing last week’s inflation report that I thought missed the mark, so let me take the opportunity today and tomorrow to discuss the essence of the US’s consumer inflation situation. Basically it is almost *all* about shelter.  Take almost any of the graphs, charts, and...