Mark Thoma used to crack me up when he would refer to those Jerry Bowyer National Review graphs as Fuzz Charts since Bowyer usually tried ...

I am the Harrisonburger making the prediction that fellow Harrisonburger, Mark Obenshain, whom I have known for decades, will be elected Att...

Steve Pearlstein and John Taylor are both blaming certain aspects of Federal Reserve policy during the latter years of the Greenspan era ...

With debt default temporarily averted and the Federal government back open for a few months, we are already hearing certain members of both ...

Which it is, btw, the 14th Amendment and all that, although some fools think that Treasury can prioritize and just pay interest on the debt ...

One guy gets a Nobel for  showing that asset markets are  efficient. Another gets  one for showing  that they are nothing of the sort! Go fi...

Greg Mankiw pens an admirable call for both parties to work together. Alas his example strikes me as one that completely ignores the histo...

Paul Ryan to the rescue in terms of the government shut down?! I’ll leave it to others to make the political point – he is throwing the an...

President Obama has finally seen the light and agreed to nominate Janet L. Yellen as Fed Chair.  Sen. Corker of TN is against her, but other...

Mike notes this political spin: Right now, many House Tea Party members believe that a default is impossible because we can prioritize int...

Niall Ferguson writes in the Wall Street Journal: An entitlement-driven disaster looms for America ... True, the federal deficit has falle...

Chris Dillow writes: "In the day job, I point out that the "Mr Market" metaphor can be be misleading . If markets are com...

(continued from part 1 ) Employment Recessions. The end of the discussion of part 1 of this blog post suggests another way that the econ...

It is not surprising that controversies surround the issue of whether an economic “recession” is over or not. This is especially true for a...

I stopped listening to Sean Hannity years ago as watching his show is bad for both the brain cells and blood pressure so I have to thank Cat...