BankNotes – November 2014

Very few Americans have paid enough close attention to the particulars of a law that began to be formulated shortly after the financial crisis of 2008 and was ratified January 21, 2010. This lack of awareness on the part of the public is certainly understandable. First of all, you don’t see much of it in the news and, secondly, who would want to take the time to read it or struggle trying to understand it?

LMR – November 2014

A huge story that broke this month is the implosion of the fortunes of MIT economist Jonathan Gruber, who was a key designer of the Massachusetts health care legislation passed under Governor Mitt Romney (aka “RomneyCare”) and who played a major role in the computer modeling of the Affordable Care Act (aka “ObamaCare”).