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

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 […]

Chapman and a theory of labor

rdan Sandwichman is serializing Chapman’s theory on hours of labour at Econospeak. The abstract is below. Part 2 is posted today, Nov. 4. Abstract: Sidney Chapman’s theory of the hours of labour, published in 1909 in The Economic Journal, was acknowledged as authoritative by the leading economists of the day. It provided important insights into […]

Get out and vote

by cactus Some Last Thoughts About the Campaign I am not involved in either campaign, nor do I have all that much to do with politics other than running the occasional numbers, expressing an opinion voting. That said, here are my thoughts on the mistakes made in the campaign by both candidates. Obama’s Mistakes This […]

Exit Pollster Hell

Robert Waldmann update: OK after getting burned in 200 and 2004 (to paraphrase our President:fool me once shame on you fool me uh fool … you can fool me twice) only a fool would believe in exit polls tonight (and note the obvious below). But I just can’t help myself. Looks like the exit pollers […]

Larry Kudlow- George Bush and the stock market

Since George Bush was elected President eight years ago the stock market is down about one-third. Yet, Larry Kudlow and the other non-partisan analysts on CNBC keep insisting they want more of the same policies. They just do not learn do they.