People Respond To Incentives. If Unemployment Becomes

So, Very Early Reports Are That Obamacare Exchanges Are, As Expected, Having Some Technical Glitches On The First Day - Maybe Even A Bit Worse Than Expected, Because It Appears That Volume Has Been Much Bigger Than Predicted. Here’s What You Need To Know: This Is Good, Not Bad, News For The Program... Lots Of People Logging On And Signing Up On The Very First Day... Is An Early Indication That It’s Going To Be Fine, That Plenty Of People Will Sign Up For The First Year Of Health Reform.

I'm Especially Baffled By The Idea Of Taking Insurance Against A U.s. Default. If America Defaults, We're Talking About A Chaotic World - Mad Max, More Or Less - In Which Case, Who Imagines That Insurance Claims Will Be Honored?

When The Fed Decides That Inflation Is Too High, They Have The Tools, And They've Shown Historically That They Have The Will, To Bring It Down. And, It Might Be Painful.

Seven Habits That Help Produce The Anything-but-efficient Markets That Rule The World. 1. Think Short Term. 2. Be Greedy. 3. Believe In The Greater Fool 4. Run With The Herd. 5. Overgeneralize 6. Be Trendy 7. Play With Other People's Money

And When The Chickens That Didn't Hatch Come Home To Roost, We Will Rue The Day When, Misled By Sloppy Accounting And Rosy Scenarios, We Gave Away The National Nest Egg.