EconoSpeak
Tuesday, August 5, 2008

Monopoly then and now

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1932 : “Appraising the situation in the bitter dawn of a cold morning after, what do we find? We find two thirds of American industry c...
Sunday, August 3, 2008

How to Fix the Housing Mess: An Alternative to Dean Baker

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Despite the large number of people who lack adequate housing and rents that make decent housing unaffordable, the Wall Street Journal's ...
3 comments:
Saturday, August 2, 2008

What Economists Should be Doing about Climate Change

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It’s good to see that Paul Krugman is channeling Marty Weitzman on the urgency of preventing catastrophic climate change. Here is what the...
9 comments:
Friday, August 1, 2008

US Economy is Not Suffering from Underconsumption

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Robert Reich wants a more equitable distribution of after-tax income and so I do but to blame weak aggregate demand on a lack of consumptio...
1 comment:

If You Subsidize the Production of Something, Less of it Will Be Produced

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That’s the economic wisdom behind an op-ed piece in today’s NYT by Victor Davis Hanson, a former classics professor and current columnist f...
7 comments:
Wednesday, July 30, 2008

A Shortage of Lawyers

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Here is a situation that Shakespeare might appreciate. A shortage of lawyers is plaguing Japan. Really? A New York Times article seems to ...
8 comments:

IRA STEWARD BIBLIOGRAPHY

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by the Sandwichman I intend to write more about Ira Steward's eight-hours theory when my move to the house on the hill is complete. Mean...

Neoliberal “freedom” = Government coercion, violence. The non-market.

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In the last few decades many individuals and politicians, with rather privileged access to global mass media outlets[1], have spread an ideo...
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Tuesday, July 29, 2008

The Military Basketball Complex

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Because of the Tim Donaghy gambling scandal, the NBA hired Army Maj. Gen. Ronald L. Johnson as senior vice president of refereeing operation...
1 comment:
Monday, July 28, 2008

Another Nice Review of The Confiscation of American Prosperity

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The Crime of the Century Michael Perelman, The Confiscation of American Prosperity: From Right-Wing Extremism and Economic Ideology to the N...
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Tom Coburn

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The New York Times has an article today about Tom Coburn, a right-wing, antiabortionist, ultraconservative, probably wingnut. Coburn makes a...
3 comments:

The vital gore

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I spent the better part of the weekend with the wonderful Gore Vidal - reading the new selection of his essays by Jay Parini. I had forgott...
2 comments:
Saturday, July 26, 2008

Looking Ahead Toward the Housing Crisis.

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After decades of relative stability, the rate of U.S. homeownership began to surge in the mid-1990s, rising from 64% in 1994 to a peak of 69...
3 comments:

Obama Sweeps the World, but McCain Moves Ahead of him Colorado Polls: What Gives?

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So, Obama has had a nearly flawless foreign trip, which he clearly needed to make given the drumbeat of criticism about his "inexperien...
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Two great sentences from yesterday's Times

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From Elizabeth Bumiller's article about McCain: 'I am again deeply disappointed that Senator Obama would not recognize the fact that...
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