Six Ways Existing Economic Models Are Killing the Economy

Nick Hanauer The American Prospect
Economic models do not, and never can, fully reflect the extraordinary complexity of human markets. The point is to create useful abstractions to provide decision-makers with a sense of the budgetary and economic impacts of a given policy proposal.

labor

Hundreds of Thousands of Workers Could Lose Their Jobs if Senate Health Bill Passes

Alexia Fernandez Campbell Vox
"It’s unclear exactly how many jobs are on the line. But public health experts at George Washington University estimate that 912,000 health care workers in the United States could lose their jobs if Congress rolls back the Medicaid expansion and removes tax credits to help people buy private insurance."
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