This just about explains things

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Currently Reading

Working a few things:
The House of the Dead - Dostoyevsky.
Influence - Robert Cialdini
The Book of Samuel - Old Testament
Super Freakonomics - Levitt

Also reading a great deal in neuroeconomics and decision making, fascinating stuff and eager to learn more.

The Missing Question in Health Care

What if health care “reform” makes things worse? Seems like a straight forward and honestly humble enough question; don’t you think it needs to be asked?

The problem in the financial crisis is that not enough peopled asked themselves (with the possible exception of Morgan Stanley), what if their assumptions are wrong?  What if we’re missing something?  What might be the effect, and is it something we can can survive?  Simple questions underlying rick management, and not being asked on behalf of this legislation.

This legislation could produce the same effect upon our economy as Smoot-Hawley Tariff act did in the summer of 1930 with a higher probability than anyone has yet discussed.

It is indeed possible to make things wore. Primum non nocere: Above all do no harm.

Tom

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