AUTHOR ARCHIVES

Derek Thompson

Results 31-38 of 38

Perceptions About Health Care Spending Are Wrong

January 23, 2013 This sentence is a pithy summary of the centrist conventional wisdom about taxes, spending, debt, and health care: "The political impasse facing the U.S. arises from one simple reality: Americans want an increasing government contribution to health care, but don't want to pay for it." That's James Hamilton, an economic ...

Yes, Money Does Buy Happiness

January 14, 2013 Fittingly or ironically, the dismal science has a lot to say about happiness. The classic economic story about money and well-being goes something like this. Money buys happiness, sure, but only up to a point. Once basic needs are taken care of, extra money has diminishing (or non-existent) returns. Perhaps ...

The Sneaky Idea That Could End the Fiscal Cliff Showdown

December 12, 2012 If you're growing weary of the fiscal cliff, I do not blame you. Budget deals can be powerfully wearying stuff. But they are rarely as complicated as they seem from a distance. Take, for example, the new proposal that some Republicans and Democrats think might end this terrible cliff showdown ...

Best Way to Deal With the Debt Ceiling? Kill It

December 3, 2012 There are countless ways to criticize the debt ceiling — it's a tax on the majority party; a high-stakes yes-or-yes question; even a weird, mandatory hostage crisis — but they all arrive at the same conclusion, which is that it's a really dumb idea. The case for the debt ceiling ...

Analysis: Geithner proposes the second-best debt ceiling solution

November 30, 2012 There are countless ways to criticize the debt ceiling -- it's a tax on the majority party; a high-stakes yes-or-yes question; a weird, mandatory hostage crisis -- but they all arrive at the same conclusion, which is that it's a really dumb idea. ... The best solution would be to ...

Fiscal cliff explainer: What it is, where it's from, who will pay and why it matters

November 9, 2012 The end of the election means the most important story in politics is the fiscal cliff -- a sudden rise in taxes combined with spending cuts scheduled to begin in January 2013. But before we get to the policy -- and the graphs -- let's talk about the term. "Cliff" ...

How your job (and your pay) predicts your vote

October 23, 2012 You know the stereotypes. The liberal starving artist. The conservative fat cat. But according to a new study from PayScale, the private salary survey company, there are stats to back up the cliches. Industries that skew male -- including "hands-on" sectors like construction, mining, and utilities -- were among the ...

The case for vacation: Why science says breaks are good for productivity

August 6, 2012 American workers love to work. Or perhaps they're afraid not to. A 2010 survey indicated that the average American accrues 18 vacation days and uses only 16. The average French worker takes more than twice the vacation time. To some, this statistic encapsulates the difference between American and European workers. ...