Willem Buiter has noticed another flaw with Waxman-Markey: its carbon reduction targets are purely hypothetical, since virtually all of the...

European vs. U.S. Unemployment Explained When Jaimie Galbraith is good, he can be very good. Here is an example, explaining European unemplo...

by the Sandwichman Am I the only one who uses far-out puns as a research aid? Before his famed career as moral philosopher and economist, A...

We have known for some time that Sarah Palin does not know very much with respect to public policy issues in general and even she admitted t...

Niall Ferguson notes: On Wednesday last week, yields on 10-year US Treasuries – generally seen as the benchmark for long-term interest rate...

by the Sandwichman May nonfarm employment fell by 345,000, much less than even the Sandwichman's revised prediction (between 570,000 an...

How can it be that a company that employs 250,000 filing for bankruptcy is actually good for the stock market and makes the DJIA rally so st...

by the Sandwichman Sandwichman previously predicted a job loss of between 775,000 and 835,000 jobs in the May employment report. This morni...

I'm not much of a fan of Milton Friedman, but he once offered a very interesting suggestion to rid society of crime. "The first and...

by the Sandwichman Parse this: NEW YORK (CNNMoney.com) -- The pace of U.S. job losses -- while still fairly strong -- may be abating, accord...

Confession – I’m a big fan of the writings of young Ezra Klein and he has point here: Matt Yglesias has an interesting post on "presti...

California keeps cutting billions of dollars from education. The real problem is the teacher's union, yeah? So the answer is a simple pr...

by the Sandwichman On May 10, Sandwichman predicted the May BLS Non-farm payroll employment would decline between -775,000 to -835,000 jo...

By BOB DAVIS WASHINGTON -- The U.S. Treasury chose World Bank economist David Dollar as economic emissary to China despite sharp criticism o...

A nice piece in the WSJ about my favorite jazz pianist, and one of the greatest musicians of all time, Art Tatum: http://online.wsj.com/arti...