Heather Long reports that the White House economists have no clue about the history of U.S. fiscal policy: President Trump’s policies are ...

Will Automation Kill Our Jobs?  by Walter E. Williams appeared in the Gaston Gazette ,  Charleston Gazette-Mail , Daily Tribune,  Frontpage...

There was a time, one I can remember from when I was growing up (the 1950s and 60s), when being a liberal meant you wanted certain rights an...

Simon Wren Lewis illustrates the long-run government budget constraint with this tale: There are many reasons why, outside of a recession,...

I just saw “The China Hustle” as part of the Portland International Film Festival.  It’s a very ( very ) slick documentary about the listin...

I accused John Cochrane of incoherent babbling on the Federal deficit issue noting his update where he flip flopped: He went from fiscal...

At times John Cochrane babbles on incoherently on what should be a straight forward issue. This post is one example: Once you net out inte...

Peter Frase has a very interesting post up about the role of popular culture in legitimizing the police . Frase recounted a forum he attend...

At Jacobin , Seth Ackerman did an interview with J.W. Mason about  The Class Struggle on Wall Street  that considers the trade-off between r...

Many thanks to the Angrybear for reposting this as well as some excellent comments (save that absurd contention I’m a Luddite). If you che...

"There is no other way of keeping profits up, but by keeping wages down." -- David Ricardo

Most observers have figured out that the Trump infrastructure spending plan seems to be weirdly lopsided in an unrealistic way, with $200 bi...

Otherwise why would he write this nonsense : The chart above (thanks to Olivier Ballou) is an update of a chart we produced last year about...

All right, all right, that is not completely fair.  Yes, they dump all over Trump and the GOP-run Congress for their massive tax cut directe...