EconoSpeak
Sunday, July 31, 2011

Obama's 5 Options If Congress Fails To Raise Debt Ceiling On Time

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1) Declare the debt ceiling unconstitutional and keep on borrowing. Bruce Bartlett, Bill Clnton, and I support this one, based on Section ...
23 comments:
Friday, July 29, 2011

If No Abolition, Then At Least Link Debt Ceiling Changes To Budget Passage

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So, nobody at all is responding to my and Moody's call to abolish the debt ceiling, and probably nobody is going to follow up on the sem...
3 comments:

Moody's Says "Abolish The Debt Ceiling"

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This actually dates back to July 18, but has somehow gotten nearly zero coverage in the MSM, somewhat like Bill Clinton's argument that ...
Tuesday, July 26, 2011

Fun and Games

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Josh Marshall on the debt ceiling impasse: "Yes, it's a game of chicken. But one of the cars doesn't have a driver in it."
Monday, July 25, 2011

What the Other 95% Reads

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It’s easy to forget that the vast majority of Americans don’t read econ blogs and know almost nothing about economics. From time to time it...
2 comments:
Sunday, July 24, 2011

Bill Clinton Says Debt Ceiling Unconstitutional

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It was nearly a week ago on Monday evening when Bill Clinton gave an interview to the National Memo, http://www.nationalmemo.com/article/exc...
3 comments:

Transcending Medieval Economics

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In my new book, Sex, Lies and Economics, about early economics of the late seventeenth and early eighteenth centuries, one of the constant t...
2 comments:

A Game Plan for Rational, Self-Interested Republicans

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Let’s suppose for a moment that all this talk about ideology—about the evils of big government, the flood of debt that threatens our moral a...
6 comments:
Friday, July 22, 2011

Is Platinum Coin Seignorage A Way Out Of The Debt Ceiling Impasse?

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So, the latest rumblings are that Obama and Boehner may be near a deal, but if they are not, or if it will not pass in time, there may be an...
5 comments:

Trigger Madness: A Clue to How Dumb the Debt Ceiling Deal Truly Is

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Garry Kasparov not withstanding, life is not much like chess, but sometimes the wisdom of one does rub off on the other. One thing I learn...
1 comment:
Wednesday, July 20, 2011

Cut, Cap, and Balance Made Personal

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The House of Representatives passed the “Cut, Cap, and Balance” Act, which Brian Beutler says (if it became law) would slash federal progra...
2 comments:

From Chaos To Catastrophe?

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I once wrote a book entitled (partly) _From Catastrophe to Chaos_, which my interviewer on the NPR show kept mentioning. However, the way t...
Tuesday, July 19, 2011

Quote of the Day

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From the abstract to “Student Attitudes and Knowledge Change in an Introductory College Economics Course” : Students’ attitudes towards econ...

Whose Responsibility Is it that the Public Doesn’t Understand Public Finance?

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While education wonks debate microscopic movements in the NAEP and other standardized measurements of student learning, those of us who care...
5 comments:
Monday, July 18, 2011

Priorities in a declining empire

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Schumpeter, Joseph A. 1954. "The Economic Crisis of the Tax State." International Economic Papers, 4; reprinted in Schumpeter, Jos...
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