Ken Houghton notes that no one has stolen my ID or shifted my sense of politics or the economy. Brad DeLong has been running excerpts from the February 2009 Vanity Fair “Oral History” of the Bush White House. Time and priorities being what they are, I didn’t get a chance to read the whole piece […]

Posted for discussion. First, relating to the discussion in comments to rdan’s TBI post, Annual Change in U.S. output per hour: And, for future discussion, the Relationship between Oil Prices and the Consumer Price Index for the past sixty-plus years.

rdan Too small to help is a pdf of a report by the Student Loan Borrower Assistance Project, and is worth reading.

Robert Waldmann One of Keynes’ concepts which never made any sense to me was the idea that there is speculative demand for money. As far as I could tell, it was a very fance name for the liquidity trap — if the safe short term interest rate is zero, money is a close substitute for […]

rdan Peter Morici has a take on the economy and measures taken so far. Some Angry Bears do not agree, some do. Anyone willing to tackle the question of good news within the year??

rdan Fire Megan McArdle is a gem that Ken and spencer have been keeping quiet from me. Now discovered. Does cactus know?

rdan TBI is a term many in the States do not understand – still. AP reports: Every soldier who’s gone to war in the past year paused before leaving to take a brain test — basic math, matching numbers and symbols and identifying patterns to measure response time and accuracy. Now that some of these […]

That Bob Kerrey would be a CF* choice for running a school. *We don’t write out this word on a family blog. For those who don’t recognize the abbreviation, see James Kunstler.

by Bruce Webb (Well it seems a little slow around the Bear Cave today, sorry if this seems like deja vu all over again.) DI or Social Security Disability Insurance is maybe not in immediate crisis but it is not well. But then again it has been ailing for a long time and where the […]