Hard Capital Rationing

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The Economics of Illusion

Published July 3, 2009, 6:57 am, Ludwig von Mises Institute

Quite briefly the essence of the late Lord Keynes's work The General Theory of Employment, Interest, and Money is: employment fluctuates with the intensity of effective demand, which depends, given a certain propensity to consume, upon the amount of investment — the spending of purchasing power for the purpose of adding to capital equipment.

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Uwe Reinhardt: Plain Talk on Health Reform

Published July 1, 2009, 11:10 am, US News & World Report

A prominent health economist talks about high prices, medical insurance, and rationing.

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Deadly pneumonia in swine-flu outbreak hit young hard

Published June 29, 2009, 2:57 pm, CBC.ca

More than two-thirds of people with severe pneumonia in the first days of Mexico's swine flu outbreak were between the ages of five and 59, researchers reported Wednesday.

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