Wednesday, July 4, 2012

DailyMarkets.com - AMA: The Strongest Trade Union In The U.S.A.

DailyMarkets.com - AMA: The Strongest Trade Union In The U.S.A.

AMA: The Strongest Trade Union In The U.S.A.

Posted: 04 Jul 2012 09:47 AM PDT

As a follow-up to the post below on Milton Friedman’s Mayo Clinic talk on the “economics of medical care,” I present the two charts above.  

The top chart shows the number of annual graduates from U.S. medical schools (AMA data here) per 100,000 U.S. population, from 1962 to 2011. Between about 1970 and 1984, there was a significant increase in medical school graduates that pushed the number of new physicians from 4 per 100,000 Americans in 1970 to almost 7 per 100,000 by 1984.  … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Polish Central Bank Keeps Rate At 4.75% As Expected

Posted: 04 Jul 2012 09:05 AM PDT

    The National Bank of Poland kept its interest rates steady with inflation likely to increase in coming months but the central bank added that it may adjust rates if the outlook for inflation changes. 
    The Polish central bank noted the weakening global economy and said this would contribute to falling commodity and energy prices and this would be “conducive to the decline in global inflation.”
    “The Council does not rule out the possibility of … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Happy 4th Of July: God Bless America

Posted: 04 Jul 2012 08:00 AM PDT

Every day is a great day to be an American but no day more so than the 4th of July.
Memories of fireworks, family outings, barbecues, ice cream, and baseball are truly special. Today's activities will be tomorrow's memories of national pride for our youth.
In an attempt to heighten the pride in our country I am heartened to take a step back in time and share one of the top 100 plays in baseball history. I thank the reader who shared this fabulous clip with me and I welcome sharing it with … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Barclays Libor Scandal: When Did Manipulation Start?

Posted: 04 Jul 2012 06:52 AM PDT

Discretion would typically dictate my writing about our nation's declaration of independence today.
I will address that in short order, but the ongoing scandal surrounding the Libor price-fixing is not taking a holiday today. All eyes and ears in the UK are focused on the parliamentary testimony of recently deposed Barclays CEO Bob Diamond.
Diamond and his former lieutenants at Barclays have already indicated that their defense will zero in on the Bank of England and specifically the BOE's … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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