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"The problem with socialism is you eventually run out of other people's money" - Margaret Thatcher "The curious task of economics is to demonstrate to men how little they really know about what they imagine they can design" - F.A. Hayek
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About Me
- Randall Parker
- I am a Professor of Economics at East Carolina University in Greenville, NC. My research focuses on macroeconomics and economic history in general and the economics of the Great Depression in particular. I have authored two books, Reflections on the Great Depression and The Economics of the Great Depression: A Twenty-First Century Look Back at the Economics of the Interwar Era and edited The Seminal Works of the Great Depression. I am currently working on my fourth book Interwar Historical Antecedents of Modern Inflation Targeting and I am the co-editor (with Robert Whaples) of The Handbook of Major Events in Economic History and The Handbook of Modern Economic History. I have also traveled the country giving speeches on the state of the macroeconomy and other economic issues to many trade and business associations. When I am not thinking about the economy I am either chasing ducks, handicapping horses or arranging a fine dining experience. Lastly, the opinions expressed on this blog are mine alone and do not reflect upon East Carolina University in any way or manner, in whole or in part, now and forever more under the canopy of heaven.
Blog Archive
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2010
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February
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- I love dogs.
- Not really happy today.
- If you go looking for the hidden Imam...you just m...
- Calling all ECU Economics Alumni...here is the Win...
- The Minneapolis Fed's new president's first speech...
- Munich: September 30, 1938. The world learns the m...
- President Obama is trying to take us down the same...
- Awwww Geeez! Martin Feldstein's state of the union...
- Coming Soon! For ECU Economics Alumni and friends ...
- This is why (among other reasons) promising to cap...
- It's harder than it looks and the clock keeps tick...
- Jockey Fight!
- My dog ate my shoe.
- Who needs spy novels when we have the Masoud? From...
- Political cover, nothing more, to increase your ta...
- Disconnect.....
- If the Masoud is after you, then you better get yo...
- 1000% spot on target!
- This is why for Bayh.
- No way!
- From our friends at STRATFOR. What tribe you from?
- I would rather lick the phlegm from Flipper's blow...
- From our friends at STRATFOR
- Happy Valentine's Day! Duck season is over...time ...
- Happy Birthday to me.
- The Greatest Horse Race Ever! April 9th at Oaklawn...
- Ignore Michael Boskin and hit the wall just like G...
- The Fed's Exit Strategy
- How about a cheese burger with that debt default?
- From our Friends at STRATFOR. As the late great He...
- Who says Red Necks can't fly?
- Go ahead. Keep playing cops and robbers with terro...
- From our friends at STRATFOR
- Yesterday I said: "Take the Saints today on the mo...
- From our friends at STRATFOR: China threatens trad...
- An open letter from Saints fans to Miami...and it ...
- Back in a rhythm.
- I will follow General Petreaus to the gates of hel...
- This is why.
- R.I.P Keith Zambito
- Ric Mishkin talks...time to listen.
- This really makes sense. Economic history sure hel...
- Must read: Cochrane and Hamilton
- Get 'em while they're hot!
- Krugman gets it right.
- "The Camel Hump"
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February
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Labels
- Alumni/Advancement Council Scholarship Golf Tournament (7)
- April Fools (1)
- Bailouts (12)
- Barney Frank (8)
- Beauty (6)
- Bubbles (1)
- Cars and Trucks (5)
- Charles Krauthammer (3)
- China (1)
- Class Warfare (1)
- Cool Video (56)
- Debt and Deficits (16)
- Deflation (8)
- Dogs (35)
- Economic Growth and Advancement (58)
- Economics of Health Care (55)
- Entitlement 800 pound Gorilla in the corner (15)
- Europe (32)
- Financial Markets (61)
- Fiscal Policy (71)
- Football (15)
- Foreclosure/Subprime (46)
- Foreign Policy (28)
- Funny Stuff (83)
- General Economics (12)
- Gold Standard (13)
- Government Bologna (10)
- Great Depression (28)
- Hall of Fame (22)
- Henry Waxman (2)
- Horse Racing (47)
- Hunting Fun (19)
- I saw it coming. (2)
- Immigration (1)
- Important Dates in History (7)
- Income Distribution (1)
- Inflation (12)
- Investing (8)
- Joe Jihadi has a bad day (27)
- Lessons (7)
- Milton Friedman (5)
- Monetary Policy (119)
- Moron Hall of fame (5)
- Nancy Pelosi (5)
- Nice Guys (3)
- Nobel Prize (1)
- North Korea (2)
- Patriotism (7)
- Politics (5)
- Poverty (2)
- Presidential Trends (3)
- Property Rights Crimes (4)
- Public Speaking (3)
- Recession (36)
- Recovery (8)
- Religious Rubbish (1)
- Schmuck Hall of Shame (4)
- Stupid stuff (1)
- Taxes (35)
- The Distribution of Income (4)
- The Midas Touch (1)
- Thought for the day (1)
- Trade (17)
- True Wisdom (5)
- U.S is going to become France (16)
- Unemployment (14)
- Utter nonsense (23)
- Video Blogs (29)
- Vouchers (6)
- War on Terror (25)
- World Oil Markets (16)
2 comments:
Good one Professor!!!
I have several Dr clients
The first is close to retirement and close to 80% of his practice is treatment of Medicare patients. He plans to retire if Medicare reimbusements are reduced because he is already operating at close to break even. 14 jobs lost and hundreds of people looking for a new provider.
The second treats 40% private insurance, 40% Medicare and 20% Medicaid or nonpaying. He will resturcture his appointments to treat 70% private insurance, 15% Medicare and 15% Medicaid/nonpay if medicare reimbusements are changed. Currently there is a 4 week wait for an appointment with this doc. Wait times will decrease for pvt insurance people and increase by several weeks for the other classes of insured. Good luck getting appointments to the retired community!
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