EconoSpeak
Thursday, January 31, 2013

GDP Gap Stuck at 6%

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Dean Baker gets it right with respect to the latest news on GDP: A sharp drop in government spending, heavily concentrated in defense, ...
Tuesday, January 29, 2013

Joe Scarborough on the Deficit

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After his interview with Paul Krugman this morning Joe Scarborough wrote: Mr. Krugman's view is that Americans would be better off if...
2 comments:

Did economic growth in the 1960s make us happy?

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Maybe I'm wrong but I think it is now  common  knowledge that mainstream economic theory doesn't take account of the role of energy ...
3 comments:

Very Serious People Completely Missing The Boat On The Budget (Yet Again)

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On Monday's Washington Post editorial page we have two of Washington's more self-important Very Serious People bloviating yet again ...
Friday, January 25, 2013

Benghazi Myths

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Juan Cole has a post on "Top Ten Republican Myths on Benghazi that Justify Hillary Clinton's Anger," http://www.juancole.com/2...
1 comment:
Monday, January 21, 2013

Why Britain Needs the EU Less than the Rest of Europe

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This is the subject of a stimulating piece in The Current Moment .  The short version, embellished with my cynical spin, goes like this: mor...
3 comments:

My Breakfast with Helena

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We were talking about evolutionary psychology and the problem of tribalism—that the cooperative impulses attributable to our biological her...
Sunday, January 20, 2013

How Valuable Are Amazon’s Intangible Assets?

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The income tax portion of Amazon’s 10K filing for fiscal year ended December 31, 2011 reads: The effective tax rate in 2011, 2010, and 2009...
Saturday, January 19, 2013

Do 2007 Fed Transcripts Make Yellen Frontrunner To Succeed Bernanke?

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I think maybe so.  There is a large photo of her above today's story in the Economy & Business section of the Washington Post entitl...
4 comments:

Mitigation Versus Adaptation in Climate Change

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Today I will take a stab at dispelling what I think is widespread confusion over what constitutes mitigating climate change, as against ada...
Friday, January 18, 2013

A Comment on What’s Causing the Rise in Inequality

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I was at the ASSA session where Larry Mishel faced off against David Autor, and I came away thinking, like Jared Bernstein , that the EPI v...
8 comments:
Thursday, January 17, 2013

Monetary Policy: From Managing the Monetary Base to Setting an Interest Rate Floor

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I have been following the exchange between Paul Krugman and Steve Randy Waldman with great interest.  For one thing, as a textbook author...
7 comments:

The Difference Between Greenhouse Gas Accumulation and Social Insurance Commitments in One Word

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Fungibility . Social insurance commitments are fungible across time; greenhouse gas accumulations in the atmosphere are not.  That’s why ...
Monday, January 14, 2013

On Debt Ceiling Obama Speaks Loudly But Carries No Stick

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Well, that really did it.  Obama has loudly declared that he will not negotiate with Congress over the debt ceiling.  He was riding high wit...
4 comments:
Thursday, January 10, 2013

The Moral Imperative of a Debt Ceiling

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From this morning's New York Times : Representative Jerrold Nadler, Democrat of New York, signed on to the trillion-dollar [platinum] ...
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