EconoSpeak
Thursday, August 29, 2013

More Mental Clutter on Climate Change

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Certain topics seem to be Sisyphean: you do your best to clarify and then, there it is, the boulder of common sense sitting at the bottom of...
3 comments:
Tuesday, August 27, 2013

Is Summers As Fed Chair A Done Deal?

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CNBC has a report based on an "inside White House source" that Obama has all but decided to appoint Summers as Fed Chair and will ...

Nuance Eludes the Technology and Employment Story

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David Autor replied to my earlier critique . Here is my response: Dear David Autor, Thanks so much for your thoughtful and prompt reply....

"Economists have historically rejected..." historical evidence?

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The following excerpt is from an article," How Technology Wrecks the Middle Clas s" by David Autor and David Dorn, that appeared ...
Monday, August 26, 2013

Declaring Debt Ceiling Unconstitutional The Only Way Out If Congress Goes Over The Edge

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Paul Krugman channels WSJ's Joe Wiesenthal on the argument that the impending debt ceiling is a more dangerous situation for the world e...
2 comments:
Sunday, August 25, 2013

Way More Heat than Light

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I promised a post on Phil Mirowski’s latest book, Never Let a Serious Crisis Go to Waste: How Neoliberalism Survived the Financial Meltdown ...
1 comment:
Wednesday, August 21, 2013

WaPo Continues Not So Subtle Front Page Campaign For Summers

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The Washington Post is at it again, the Washington newspaper of record, with a front page story by Zachary A. Goldfarb, "Allies of Fed ...
3 comments:
Sunday, August 18, 2013

On the Michigan Survey of Inflationary Expectations

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Paul Krugman notes: But no modern user of IS-LM forgets that the diagram must be drawn for a given expected rate of inflation, and that la...
1 comment:
Saturday, August 17, 2013

Why Are We Rushing To Get Rid Of Fannie Mae and Freddie Mac?

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"How many Virginians does it take to change a light bulb? Five: One to change the bulb and four to talk about how great the old bulb w...
2 comments:

Is WaPo Damning Yellen With Faint Praise?

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While President Obama is still conveniently off vacationing on Martha's Vineyard, the Washington Post has a front page story today on Ja...
Wednesday, August 14, 2013

Milton and The Bard

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"If anyone wants to argue that Milton Friedman is now unimportant to modern economics, that's like saying Bob Dylan is unimportant ...
1 comment:
Monday, August 12, 2013

Modern Social Theory Self-Test

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These guess-who-said-it exercises are pretty much obsolete in the internet era; you can just look up the quotes online, in somewhat the same...
5 comments:
Saturday, August 10, 2013

How Greedy Workers’ Pensions Destroy the Economy, Or Not.

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Let’s begin with one of these greedy workers.  Or maybe he was one of the people who fret about the workers’ pensions? Maremont, Mark. 2013...
2 comments:

Cold War NSA Redux: The Obama, Putin, Snowden Shuffle

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So, President Obama has made some vague promises to review current policies about NSA surveillance and possible limits on it, appointing som...
Sunday, August 4, 2013

Muscular Christianity, Eugenics, War, Football, and Imperialism

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This is an extract from a book that Vincent Portillo and I are writing, The Matrix: An Exploration of the Interactions between the Econ...
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