Tag Archives: industry

Q: Was the Supreme Court ruling on Obamacare a victory or a defeat? A: Yes, it was.

Depending on your perspective, Thursday’s Supreme Court ruling upholding the “Obamacare” program was either a thumping victory for progressives everywhere or a clever corporatist / conservative flanking maneuver that makes it even less likely American citizens will ever enjoy the kind of basic access to healthcare that the rest of the developed world takes for granted.

I’ve been harshly critical of the president on the healthcare issue because I see it as something that helps a few people here and there, but that’s mainly designed as a gravy train for private health insurance interests. Many of Mr. Obama’s … I know I should say “supporters” here, but part of me is dying to use “apologists” instead … argue that the Patient Protection and Affordable Care Act is an important foot in the door. In their view, this may be a small victory, but it paves the way for ever greater incremental reforms that lead us ultimately to a single-payor system (or at least a robust public option). Read more

Black swans, butterfly effects, terrorist detectors and marketing research: we don’t know nearly as much as we think we do

Prediction is a big, big business these days, and even those of us who aren’t explicitly in the prediction business probably do all we can to make sense of the future. For example:

  • Does your company do marketing research? (If it’s a business of any size and sophistication, the answer is probably yes.)
  • Do you track the financial pages?
  • Do you keep abreast of the latest innovations in your industry (or any industry, for that matter)?
  • Have you factored in economic considerations when trying to decide whether or not to buy a house?
  • If you have an IRA, have you factored in where you think the damned economy is going in making fund decisions? Read more