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Category Archives: Finance and economics

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Mayor de Blasio marches New York back to the future

The New Neo Posted on May 21, 2014 by neoMay 21, 2014

Gotta placate those teachers: Since the city’s recovery from the 1975 fiscal crisis, mayors and the media have treated the city’s budget-day announcement as a sober technocratic event. Mayor de Blasio, by contrast, used his annual unveiling of the city’s … Continue reading →

Posted in Finance and economics, Politics | 29 Replies

Meanwhile, back at the EPA, Obama’s plans to bankrupt the coal industry quietly go forward

The New Neo Posted on May 21, 2014 by neoMay 21, 2014

There are so many crises generated by the Obama administration that it’s easy to lose sight of some. But in just a little over a week a probable new one will be unleashed when the EPA announces rules for existing … Continue reading →

Posted in Finance and economics, Obama, Science | 27 Replies

Obamacare: protecting the insurance companies

The New Neo Posted on May 5, 2014 by neoMay 5, 2014

You might want to take a look at this summary of the varied ways in which Obamacare pays off the health insurance companies who play ball with the exchanges: risk adjustment, reinsurance, and risk corridors.

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Posted in Finance and economics, Health care reform, Obama | 8 Replies

Will Picketty’s book change the world?

The New Neo Posted on May 1, 2014 by neoMay 1, 2014

The left certainly hopes so. My new article is up at PJ.

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Posted in Finance and economics | 33 Replies

Wall Street Republicans

The New Neo Posted on April 28, 2014 by neoJune 28, 2014

I don’t know much about the agenda of the authors of this Politico piece entitled “Wall Street Republicans’ dark secret: Hillary Clinton 2016.” I’m going to assume they have one, though, and that it’s not to help the 2016 Republican … Continue reading →

Posted in Finance and economics, Politics | 12 Replies

On Picketty

The New Neo Posted on April 24, 2014 by neoApril 24, 2014

Here’s an article on Piketty’s book that seems less political than most, and more about analyzing the nitty gritty of what he says.

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Posted in Finance and economics | 10 Replies

Student loan forgiveness: liberal win-win

The New Neo Posted on April 24, 2014 by neoApril 24, 2014

Sometimes there’s so much out there it’s hard to keep up. For instance, although I’d heard of the Pay As You Earn program, the details had previously passed under my radar screen. But my oh my, the set-up’s clever: But … Continue reading →

Posted in Academia, Finance and economics | 19 Replies

All those objective moderates who love Piketty’s book…

The New Neo Posted on April 23, 2014 by neoApril 23, 2014

…are revealing themselves to be the leftists that they actually are. I said as much in my Piketty post when I wrote: In case you’re wondering, Piketty’s book has been hailed almost universally on the left””and by “left” I mean … Continue reading →

Posted in Finance and economics, Liberals and conservatives; left and right, Press | 30 Replies

Income inequality: hey, let’s take away most of the money of the rich

The New Neo Posted on April 23, 2014 by neoApril 22, 2021

Yes indeed, that’ll fix it, according to French economist Thomas Piketty: Piketty’s terror at rising inequality is an important data point for the reader. It has perhaps influenced his judgment and his tendentious reading of his own evidence. It could … Continue reading →

Posted in Finance and economics, Liberals and conservatives; left and right, Liberty | 19 Replies

Deficit reduced…

The New Neo Posted on April 15, 2014 by neoApril 15, 2014

…according to the CBO. I freely admit that a true understanding of the deficit and the real reasons (as opposed to stated reasons) for its rise and/or fall has thus far evaded me. So I leave it up to you … Continue reading →

Posted in Finance and economics | 10 Replies

Fun tax facts

The New Neo Posted on April 15, 2014 by neoApril 15, 2014

Eight of ’em. I especially like numbers one and and three. Here’s the first: It will take you 111 days this year just to pay off the government. That’s an average, of course. But something called the Tax Foundation would … Continue reading →

Posted in Finance and economics | 4 Replies

Fun with statistics: women’s wages

The New Neo Posted on April 8, 2014 by neoApril 8, 2014

I’ve heard for years, perhaps even decades, that the oft-quoted statistic about women’s wages being so much lower than men’s as a result of wage discrimination is a myth, an artifact of other factors than discrimination. So this sort of … Continue reading →

Posted in Finance and economics, Men and women; marriage and divorce and sex, Politics | 19 Replies

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