Uwe Reinhardt is a Princeton health-care economist, a longtime member of the Institute of Medicine and a frequent contributor to the New York Times Economix blog. I spoke to him earlier today about the cost controls in the bill.
I?m sorry Professor Reinhardt but no, this just isn?t quite on. I refer to this which you?ve just had published in the Economix blog at the New York Times. This: Your explanation of these figures is as follows: The third chart, below, exhibits the growth path of real G.D.P. per capita in the United States ...
Those looking for a reason for a sinking Euro and falling stock markets today just may find the answer in a Spiegel Interview with German Constitutional Court Judge Udo Di Fabio who says "It's a Mistake To Pursue a United States of Europe".
SPIEGEL: Didn't the court's decision on the Lisbon Treaty in effect place strict limits on further European integration by banning the transfer of important political powers from Germany to the EU?
The United States has moved more effectively than Europe to get beyond the financial crisis, and has an opportunity to take on broader challenges like immigration, education and long-term fiscal reforms, an economist writes.
A very interesting theoretical paper "Labor Mobility within Currency Unions " by Emmanuel Farhi and Iván Werning, April 2014 (http://papers.ssrn.com/sol3/papers.cfm?abstract_id=2436714) looks at "the effects of labor mobility within a currency union suffering from nominal rigidities."