Posted in Main Blog (All Posts) on June 26th, 2012 11:08 pm by HL
Why Did Academics Misread ObamaCare?
Charles Lane, Washington Post
We have two days until the Supreme Court rules on health care "” two days until we find out whether Akhil Amar's life has been a fraud.Amar is the Yale constitutional law professor (my former teacher), who recently told The Post's Ezra Klein that a 5 to 4 ruling striking down Obamacare would destroy his faith in the court."If they decide this by 5-4," Amar said, "then yes, it's disheartening to me, because my life was a fraud. Here I was, in my silly little office, thinking law mattered, and it really didn't. What mattered was…
Stimulus: One Last “High”–Then Disaster
Martin Hutchinson, Asia Times
Since 2008, economic policies throughout the rich world have boiled down to one word: stimulus. Interest rates in most countries have been held down well below the level of inflation, while spending programs have pushed national budgets far out of balance.