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 4:53 PM, May 15, 2012 • By DANIEL HALPERAn interesting event in Washington next week hosted by e21:
Monday, May 21, 2012 from 9:00 AM - 11:00 AM
e21 presents
Medicare Numbers Examined
Blahous and Bernstein Discuss the Fiscal Consequences of the Health Care Law
Join e21 for an animated discussion between Jared Bernstein and Charles Blahous, author of the landmark study The Fiscal Consequences of the Affordable Care Act.
One core rationale for 2010’s health care law was that it would provide new health coverage to tens of millions of Americans without raising the deficit. The claim to budget neutrality was questioned at the time by many who argued that the positive score was dependent on various budget gimmicks. Two years after the law’s passage, new research has confirmed fears that budget scorekeeping conventions concealed the full fiscal consequences of the new law. Much of the confusion arose because hundreds of billions of dollars in Medicare savings were credited to shoring up the Medicare HI Trust Fund while also being used to pay for a new health benefit program.
Charles Blahous is an e21 Contributor, Research Fellow at the Hoover Institution, Senior Research Fellow with the Mercatus Center, and a U.S. Public Trustee for the Social Security and Medicare programs.
Jared Bernstein is a Senior Fellow at the Center on Budget and Policy Priorities and former Chief Economist and Economic Adviser to Vice President Biden.
For more from e21 on the fiscal effects of the health care law, click here and here.
The event is taking place at the National Press Club. RSVP here.
5:38 PM, May 8, 2012 • By GEOFFREY NORMANRemembering Friedrich Hayek, whose birthday is today. He was a philosopher and economist and wrote many wise things, including this:
There is all the difference in the world between treating people equally and attempting to make them equal.
George Orwell, no fan of capitalism, writing in 1944, made this point in a review of Hayek's The Road to Serfdom:
Read more... 12:00 AM, Mar 17, 2012 • By IRWIN M. STELZERIt’s better to be lucky than good. So goes the old saw. It’s better still to be both lucky and good, which is what Britain’s new ambassador here in Washington seems to be.
Read more... Westerners fall in love with the part of China’s economy that doesn’t work. Mar 19, 2012, Vol. 17, No. 26 • By DAN BLUMENTHAL
Read more... 3:03 PM, Nov 3, 2011 • By MICHAEL WARRENEarlier this week, a group of Harvard undergraduates aligned with Occupy Wall Street protesters made a statement yesterday by staging a “walkout” of an introductory economics course taught by conservative professor Greg Mankiw. Mankiw, who chaired the Council of Economic Advisers for President George W. Bush, says in a phone interview that about 5 to 10 percent of the 700-person lecture class (Harvard’s largest) walked out “very politely” just after noon on Wednesday.
Read more... 12:34 PM, Oct 19, 2011 • By JEFFREY H. ANDERSONIn today’s Wall Street Journal, Arthur Laffer provides a high-profile endorsement of Herman Cain’s 9-9-9 tax plan. Laffer writes, “Mr. Cain's 9-9-9 plan was designed to be what economists call ‘static revenue neutral,’ which means that if people didn’t change what they do under his plan, total tax revenues would be the same as they are under our current tax code. I believe his plan would indeed be static revenue neutral, and with the boost it would give to economic growth it would bring in even more revenue than expected.”
Read more... Magical thinking about jobs from liberal Democrats.Oct 24, 2011, Vol. 17, No. 06 • By FRED BARNESIt’s not just the Occupy Wall Street rabble who are promoting unorthodox ideas (to put it kindly) about our economic plight and how to create jobs. They have friends in Washington. A few examples:
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- Conservative Intelligence
- Satirical Wit
- Foreign Policy Insight
- Sophisticated Perspective
Ethan Epstien, in a New York System state of mind
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Washington plays by TSA rules.
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Reflections from the thinking man’s knuckleballer.
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Really?
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A film without pretension about warriors as heroes.
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With American evangelicals on the ground in South Sudan.
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Romney’s challenge is to address the deep uneasiness in America and point the way to a comeback.
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The American and his/her car.
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   Obama’s overblown tax breaks
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 Why we need to break up the banks.
 Why we build memorials.
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