The ten-year anniversary of the 2008 financial crisis

October 3, 2018 | Regulating Wall Street

A primer on Dodd-Frank, through a simple Q&A   Why was Dodd Frank passed?   The Dodd-Frank Wall Street Reform and Consumer Protection Act was passed by Congress, and signed by president Obama on July 21st, 2010, to stabilize our banking and financial system, and prevent a repeat of the disastrous 2008 financial crisis, which …

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Is Universal Health Care Socialism?

September 11, 2018 | Health Care

Is Universal Health Care Socialism?  The November midterms elections are approaching, and one of the major topics is health care. Democrats are campaigning on retaining Obamacare, in many cases advocating that we move towards universal health care. That would be pure socialism, retort Republicans, who would rather repeal the Affordable Care Act as they attempted …

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Letter published in August 31 Financial Times, in response to the 8/29/18 FT article, “Nordic lessons for today’s socialists.”

Voters want decisive change towards a fairer type of capitalism (Letter published in the 8/31/18 edition of the Financial Times)   I liked Martin Sandbu’s article, “Nordic lessons for today’s socialists” (August 29), and its compelling description of the Nordic model. I agree with him when he mentions Bernie Sanders, Alexandria Ocasio-Cortez, Rashida Tlaib and …

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Enjoying a Book Tour

August 18, 2018 | Book

Enjoying a Book Tour   Before writing my book I envisioned a book tour as a series of stops in bookstores across many cities…Well, I have enjoyed a couple of such stops, and even a book party at a restaurant, courtesy of neighbors who are also dear friends. Mostly, though, it has been written commentary, …

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The World Cup Is Over, Bravo Les Bleus!

July 24, 2018 | Sports

The World Cup Is Over, Bravo Les Bleus! The 2018 World Cup is over, with a fitting final for this great tournament: France 4 x 2 Croatia had more goals in regulation time than any final since 1958 (Brazil 5 x 2 Sweden). Mbappé scored Les Bleus’ fourth goal, the French team’s young sensation being …

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In response to the June 26 Financial Times article: “Argentina’s ‘worst team in history’ must get the best out of Messi

June 27, 2018 | Argentina

Argentina’s football will survive the ending of the Messi, Di María, Agüero, Higuaín and Mascherano generation (Letter published in the 6/28/18 edition of the Financial Times) Simon Kuper writes the obituary of Argentina’s football in his June 26 FT article: “One of football’s great national traditions may soon need that moment of silence. If anyone …

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World Cup of Soccer: How Do You Say “Mundial” in Russian?

June 4, 2018 | World Cup

World Cup of Soccer: How Do You Say “Mundial” in Russian? The World Cup is coming! It will start precisely at 11am ET on June 14, in Moscow, with a match between host Russia and Saudi Arabia. Thirty-two soccer nations will vie for that most elusive title in sports, achieved by only eight countries since …

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Of Baby Boomers and Millennials

May 17, 2018 | Social Trends

I am a father of five, six with my stepson, and a baby boomer happily retired from full-time work. Plenty of time to reflect on the opportunities I have had, those that passed me by, and compare them with what is on offer for my children in this twenty-first century. I can start with one …

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Why We Need a Basic Universal Income

May 17, 2018 | Employment

The future belongs to artificial intelligence enabled robots. They clean our homes and hotel rooms. They serve our meals in restaurants and deliver them at home. They stretch their artificial limbs to bring us our medicines when we need to take them. They select in giant warehouses the goods we have purchased online that drones …

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Is Complexity in Healthcare Killing Us?

May 17, 2018 | Healthcare

We spend almost $10,000 per year per capita in healthcare, about twice as much as the average developed economy. However, we get little for what we spend: in terms of major health outcomes, such as infant mortality or life expectancy, we rank below most other developed nations. Why? Among other reasons, complexity explains why we …

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