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

CRA and Ritholtz

by cactus Since I just had a post on Bailout Nation, the book Barry Ritholtz co-wrote with Aaron Task, I figured, why not have another post about Ritholtz. See, something I read on his blog has been botheirng me for a few weeks now. Ritholtz has done a great job pointing out over and over […]

PSA: WorldCon with an Economist

The first item on Charlie Stross’s World Science Fiction Convention schedule: Thursday August 6th, 5pm (Location: P-511CF)Title: In Conversation: Paul Krugman and Charles StrossDescription: 90 minutes of Charles Stross discussing SF, economics, and other topics with Paul Krugman. [link in original] Those who might wonder why Krugman would be an appropriate guest at Anticipation (this […]

This May Make Robert Shiller and SocSec recipients happy…

but it doesn’t do that much for the rest of us. Via The Ambrosini Critique, Scott Sumner discovers there was no housing crash: The BLS claims that housing prices are up 2.1% in the last 12 months….According to the BLS, housing makes up nearly 40% of the core basket of goods and services. Further reading […]

Consumer Financial Product Agency

from Baseline Scenario Three myths about the consumer financial product agency by Elizabeth Warren is well written and timely at Baseline Scenario. I’ve written a lot about the creation of a new Consumer Protection Financial Agency (CFPA), starting with an article I wrote in the Democracy Journal in the summer of 2007. My writing has […]

Massachusetts is fixing the fixed health care system: more administration?

by divorced one like Bush In this debate on how to finance health care, we are hearing about the costs to deliver health care and how to bring them down. Mass is now proposing a capitated payment system that will be government created. It is the latest fix to a herald “fixed” problem. Which begs […]

C Street

rdan Jeff Sharlet and The Family from a Salon post: Today’s roll call is just as impressive: Men under the Family’s religio-political counsel include, in addition to Ensign, Coburn and Pickering, Sens. Chuck Grassley, R-Iowa, and Jim DeMint and Lindsey Graham, both R-S.C.; James Inhofe, R-Okla., John Thune, R-S.D., and recent senators and high officials […]

Wingnut 102A: When private insurance is outlawed only outlaws will have insurance

OR; HR3200 Sec 102 revisited. by Bruce Webb We first visited the health care reform meme sweeping the right wing of the Blogosphere with this post HR3200 abolishes private health insurance. This seemed at first to be a simple confusion of the limits of the following from Sec 102 of the legislation: 1) LIMITATION ON […]

Broken Okun

Robert Waldmann is honestly puzzled by this post by Brad DeLong. Brad notes that firms don’t seem to be hoarding labor and goes on to predict a jobless recovery. We Are Live at The Week with “The Jobless Recovery Has Begun”.. “Okun’s Law.” Here is the gist: if GDP (production and incomes, that is) rises […]

A Review of the First Half of Bailout Nation

by cactus A Review of the First Half of Bailout Nation Barry Ritholtz is on my mind. I started reading Bailout Nation, Barry Ritholtz’s book (with co-author Aaron Task) about the mess we’re in, and I’m about half through. Its an easy read, and yet very informative, even though I’ve been following the whole mess […]