EconoSpeak
Monday, September 30, 2013

Henry Aaron Calls For Obama To Ignore Debt Ceiling

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This Henry Aaron is not the home run hitting former baseball player, but the longtime top tax expert at the Brookings Institution.  In today...
8 comments:
Sunday, September 29, 2013

The Medical Device Excise Tax

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Last night the Tea Party crowd in the House passed a couple of resolutions. Most of today’s endless political mania is over the Faustian ch...
1 comment:
Wednesday, September 25, 2013

Who Ends Up Losing Their Job Under a Higher Minimum Wage?

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The effects of a higher minimum wage on employment is likely one of the most studied issues in economics with a surprising result being that...
3 comments:
Monday, September 23, 2013

Stalin and Charles Murray on American Exceptionalism as Botched by Robert Samuelson

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In today's Washington Post, non-economist Robert Samuelson yet again reminds us of his lack of credentials by a botched discussion of th...
1 comment:
Thursday, September 19, 2013

John Taylor’s Prediction of a Fiscal Catastrophe Assumes His Candidate Won in 2012

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John Taylor presents a graph suggesting that the Federal debt to GDP ratio will literally explode: The chart below is an “apples to apples...
1 comment:

Business Insider’s Too Simplistic Explanation of Tapering

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Joe Weisenthal tried to make “tapering” (or not) simple for his readers but alas this could be confusing to many: In the middle of the 200...
2 comments:
Wednesday, September 18, 2013

The Recession Isn’t Over -- or Is it?

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One complaint I often hear from people is that despite what economists say, the recession isn’t over! In technical terms, the semi-offi...
9 comments:

Roger Lowenstein’s Reason to Rule Out Janet Yellen

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Lowenstein actually thinks we need a banker and not a qualified economist to lead the Federal Reserve: President Barack Obama should look ...
5 comments:
Monday, September 16, 2013

Please Give Us the "Kindly Grandmother" Now, Mr. President!

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The withdrawal of Lawrence H. Summers from candidacy for Fed Chair has triggered a surge in world stock markets, as well as rejoicing among ...
5 comments:
Sunday, September 15, 2013

Morning in America & The Laugher Curve

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Paul Krugman summarizes the business cycle aspects of the Reagan years: So a quick summary of what happened during Reagan’s first term is ...
2 comments:
Friday, September 13, 2013

The "Clinton" miracle of the late 1990s.

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For a long time, I've thought that President Clinton was extremely lucky when it came to issues of macroeconomics (inflation and unempl...
1 comment:

Krugman vs. Godley's "Hydraulic" Keynesianism.

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Today (Friday the 13 of September, 2013), Paul Krugman's blog ( http://krugman.blogs.nytimes.com/2013/09/13/wynne-godley-and-the-hydra...
7 comments:
Tuesday, September 10, 2013

What Lies Behind The Syria Deal?

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I probably should not be posting this, but it seems that I see stuff in this emerging deal between the US, Russia, and Syria that I have not...
2 comments:

The Increase in Part-Time Employment: John Lott Versus Sane Individuals

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Greg Mankiw has updated his post which originally fell for some spin from John Lott : So far this year there have been 848,000 new jobs. ...
5 comments:
Monday, September 9, 2013

The Wall Street Journal Condemns Enforcing the Tax Code Against Multinationals

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How did I miss A Global Revenue Grab from the folks at the Wall Street Journal’s editorial page? Don't be fooled, because this is an...
2 comments:
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