Relevant and even prescient commentary on news, politics and the economy.

Curmudgeon vote stymied!

Dedicated to the curmudgeon wing of AB readers and commenters. Old, Grizzled Third-Party Candidate May Steal Support From McCain

The BradAltman Effect?

Is gay the New Black? Note this partial list of companies who said No on 8: Most of the state’s highest-profile political leaders — including both U.S. senators and the mayors of San Francisco, San Diego and Los Angeles — along with the editorial pages of most major newspapers, opposed the measure. PG&E, Apple and […]

Fox News Warns

BY CACTUS Fox News Warns What’s with Fox? On their website, they have this piece: Obama to Inherit Economy in Worst Crisis in 70 Years Barack Obama’s presidential election victory comes with an albatross of a prize — an economy beset by a stubborn housing slump and the worst financial crisis in 70 years. Even […]

Labour market intermediaries’ role tells us…?

Hat tip Economist View for Vox EU David Autor. Though heterogeneous, it is my contention that labour market intermediaries serve a common role. They address – and in some case exploit – a set of endemic departures of labour market operation from the first-best benchmark of full information, perfect competition, and decentralised price taking. Three […]

Election Stories

There are several old timers that post here and I wonder if they have election stories they could tell while we wait for the exit polls. My story is about the 1964 LBJ-Goldwater election. In 1964 I was living in Venezuela and on election day I was way down in the interior, a days drive […]

Obama Leads with 71.4% of the Vote

Obama 15, McCain 6. First Dem win there since Hubert Horatio Humphrey (and we all know how that turned out). Meanwhile, polling places in NY and NJ have lines out the door. Guess they must be “battleground” states. Update: Ooops. Lead already down to 66.7% of the vote (see link above). And Floyd Norris confirms […]