Category Archives: economics

A point I’ve made for awhile…

Paul Krugman’s column today contains an interesting section concerning ill-informed voters: Unfortunately, however, the evidence suggests that issues don’t matter either, in part because voters are often deeply ill informed. Suppose, for example, that you believed claims that voters are … Continue reading

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A very scary graph

From the Brookings Institute: That’s correct, if we add 500,000 jobs per month (which would set all kinds of records for job creation,) it would still take over 2 years to close the jobs deficit.  If the USA adds an … Continue reading

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Mild confusion about Robert Reich

Before I go into this, let me say that I really enjoy Robert Reich’s work, he’s a very knowledgable and practical economist and policy analyst.  That being said, he gets himself in a little bit of trouble today with his … Continue reading

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A key distinction

I want to flag an excerpt of a recent Ezra Klein post, because it makes a point I’ve wanted to make for awhile: Yes, deficits can become a problem. But the problem facing America is long-term, not short-term, deficits. Which … Continue reading

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I’m bored. So lets take apart a Dick Morris column

It’s kind of remarkable to read a column by the famous ex-Clinton adviser Dick Morris.  Every week, he manages to stuff in so many falsehoods and boilerplate right-wing rhetoric into his short column, its  remarkable.  He really is astonishingly awful … Continue reading

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Irrationality and economics

There is a fascinating article in the New York Times about the impact of random objects, images and numbers on consumer decision making.  In particular, focus on this one section that talks about an experiment done in 1970: An intriguing … Continue reading

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Calm down

So there has been a lot of panic about the Dow plunging 500 points over concerns of the Greek debt problem spreading throughout the E.U.  The specific reason for the market drop appears to be reports of the potential for … Continue reading

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My way too late response on Kevin Williamson’s piece

Sensible conservatives do exist!  At least that was my first reaction to reading Kevil Williamson’s excellent piece at The National Review (of all places!) that debunks a lot of the myths around supply-side economics. But the more I think about … Continue reading

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Night reading

I think I like this feature, so every night that I’m aware (and not completely plastered) I’m going to suggest a few different articles and blog posts to read.  Tonight, I’m reading some of the crazy shit that state elected … Continue reading

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Re: Answering Greg Young on Rex Sinquefield

I’m glad to see that Eapen has responded to my piece about his first column and Rex Sinquefield.  I was planning to write for awhile on his response, but luckily I don’t need to.  All I need to say is … Continue reading

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