Sunday, November 9, 2014

Supreme Court takes up ACA again

The Affordable Care Act (aka Obamacare) is headed to the U.S. Supreme Court again. This is a little complicated, but potentially significant. Megan McArdle explains:

http://www.bloombergview.com/articles/2014-11-07/obamacare-courts-death-yet-again

See this earlier post for how I discovered Megan McArdle in 2002. She is a graduate of the University of Chicago Booth School of Business.

UPDATE 6/25/15: The U.S. Supreme Court upheld the Affordable Care Act in a vote of 6 to 3. Click here for a Wall Street Journal article.

Friday, November 7, 2014

Adam Smith on Happiness

If you have 12 minutes, this is an interesting interview of Russ Roberts about his book How Adam Smith Can Change Your Life: An Unexpected Guide to Human Nature and Happiness:

https://www.youtube.com/watch?v=JlUHoKEBMrU&feature=youtu.be

Prof. Roberts' book is about Adam Smith's book The Theory of Moral Sentiments, which preceded his more famous book The Wealth of Nations. Interesting stuff. Click here for the Amazon entry about Russ Roberts' book.

Russ Roberts is an interesting guy himself. I have blogged about him on my work blog here and here.

UPDATE 1/01/16: I bought and read Russ Roberts' book. Good book. It's about Adam Smith's ideas about how we seek the approval of, and seek to avoid the disapproval of, the people around us.

Also, Russ Roberts' podcasts at EconTalk are interesting. He has done weekly interviews since 2006. In 2009 he did a series of six interviews with Dan Klein on The Theory of Moral Sentiments. Click here for part 1.