David Leonhardt


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Stocks Are Overvalued

David Leonhardt points out that stocks are overvalued from a fundamental point of view, with the Graham P/E (stock prices relative to the 10 year moving average of earnings) being well above the historical average. Using a 10-year moving average has the drawback of being very backward looking, but this is in my view more than compensated by the fact that it removes short-term cyclical...

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Elite Ignorance on Health Care?

Jonathan Gruber is a health economist from MIT — an expert, no doubt. David Leonhardt quotes his favorable comment on the Senate health care bill: “I can’t think of a thing to try that they didn’t try.” Leonhardt, apparently, never bothered to ask him about single payer.

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Elite Ignorance on Health Care?

Jonathan Gruber is a health economist from MIT -- an expert, no doubt. David Leonhardt quotes his favorable comment on the Senate health care bill: "I can’t think of a thing to try that they didn’t try." Leonhardt, apparently, never bothered to ask him about single payer.

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Cash for Caulkers (The Brian Lehrer Show: Wednesday, 25 November 2009)

David Leonhardt , New York Times economics columnist columnist and staff writer for the magazine talks about the weatherization stimulus and other economic news.

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Obesity and Health Care Spending

... hospital referral regions for 2006. I see a clear overlap here. In a separate post by Economix , David Leonhardt discusses a conversation he had with several economists at the Rand Corporation. While reporting on his column on soda and obesity , he asked the economists to estimate how much money obesity costs the federal government: They imagined that the American population was no...