Socialized Medicine a Dream? NY Is Nearly There

Vermont notably tried a form of socialized medicine a few years back and had to give up on the program for fiscal reasons. But the dream endures and New York State is coming close to realization: This New York Post article reports how 9 million residents are due to participate in Medicaid this year, per

Cast Your Political Eyes Past 2022, to Kentucky

We’ll soon know what the electoral verdict of 2022 is, but as this Kentucky political newsletter shows, underlying issues are going to carry forward into 2023 and beyond. Kentucky is a useful case study–a (Civil War) border state that in recent decades has trended Republican but where the loss of affluent suburbs has hurt the

Fed’s Mary Daly Misses a Labor Component in Price Rises

It fell to me to ask the obligatory question about the strong dollar at this appearance of San Francisco Federal Reserve president Mary C. Daly at the Council on Foreign Relations today, and she gave the obligatory response that the currency’s forex value is not one of the Fed’s mandates. She elaborated a bit in