EconoSpeak
Sunday, March 31, 2013

Mankiw’s Mistakes on the Long-Run Debt Issue

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Greg Mankiw wants to lecture the President on fiscal sustainability. Alas, his op-ed is full of errors starting with: Representative Paul...
1 comment:
Saturday, March 30, 2013

Trade Prospects for Cyprus

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The question of what would happen if Cyprus were to leave the euro with a sharply devalued national currency has been much debated in recent...
Friday, March 29, 2013

The Washington Post Does Not Understand Effective Tax Rates

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Darla Cameron and Jia Lynn Yang want to report on how US multinationals are shifting profits to foreign tax havens but their key statistic ...
1 comment:
Wednesday, March 27, 2013

Why Won't Cyprus Obey Krugman?

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Longtime euro-critic, Paul Krugman tells Cyprus, "Leave the euro.  Now." http://krugman.blogs.nytimes.com/2013/03/26/cyprus-seriou...
16 comments:

The Reason for Higher Education

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Let me turn the microphone over to Adam Smith: "A knowledge of science and philosophy is the great antidote to the poison of enthusi...
2 comments:
Tuesday, March 26, 2013

Dishonest Data, the Draghi Edition

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The ability to be publicly, unashamedly dishonest is a great attribute.  Most of us just assume that others will either be honest or will a...
5 comments:
Monday, March 25, 2013

The Euro Is Not Going Away: Deal With It, Folks

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The eruption of crises on the eurozone periphery starting some time after the 2008 Minsky Moment led to a lot of whooping and jumping up and...
9 comments:

The Moon Belongs to Everyone

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Dorning Rasbotham, Esq., was a friend of the poor. Nay, from the bottom of his heart , he was a friend of the poor! He felt tenderly for th...
Friday, March 22, 2013

Hours and Gases

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A few years ago, the Sandwichman started wondering why nobody paid attention to the energy intensity of employment. People talk about "...

Overwhelming Senate Support Not to Tax Fat Profits

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Sahil Kapur reports on more disappointing news from the U.S. Senate: Thirty-four Democratic senators joined every Republican Thursday nigh...
Wednesday, March 20, 2013

Cyprus, Taxes, and Russian Transfer Pricing

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The Russian government is irate over the proposal to levy a tax that is almost 10 percent on Cyprus bank deposits: For years, Russian firm...
1 comment:

Who Got Iraq's Oil Ten Years After the War Started?

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As of the 10th anniversary of the beginning of that war the answer is China, defnitely not the US, irony of ironies. While the war was sti...
1 comment:
Tuesday, March 19, 2013

Income, GDP Growth and Double Counting

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The last time I saw Jonathan Rowe was in October, 2010. I was on a writer's retreat at the Mesa Refuge in Point Reyes, California and Jo...
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Sunday, March 17, 2013

Governor Christie Selling the New Jersey Lottery Off Cheap

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John Celock reports on another controversy in New Jersey: Organized labor is attacking New Jersey Gov. Chris Christie's plan to privat...
1 comment:

The Spin on Tires

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It would be nice to have economic literacy in journalism.  Take this morning’s story in the New York Times about a pair of tire factories ...
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