Why Baby Boomers Will Pull Productivity Down

1999 might have been Derek Jeter’s best season. Twenty-five years old, he had 219 hits, 24 home runs and 102 RBIs. His batting average was .349. You can see below that .349 was Derek Jeter’s career high with the Yankees. The…

Where Do the Slimmest Americans Live?

Because obesity related diseases increase entitlement spending, should government use penalties rather than incentives to slim the US population?

John Maynard Keynes and the Generational Impact of Entitlements

Before seeing how we are benefiting unequally from entitlement programs like Social Security and Medicare, let’s start with some history. During 1934, with unemployment high and production low, British economist John Maynard Keynes was reported to have crumpled up a pile of…

One Reason That $1.1 Trillion is Not So Much

The Congress just agreed on $1.1 trillion in federal spending. But let’s look a bit more closely… Each year, I give my class a federal budget graph and ask them to identify the relative size of 17 main spending categories.…