by Mike Kimel Herman Cain and the Defense of Marriage This isn’t my usual beat, but I was fascinated to read this statement by Herman Cain’s attorney: Rather, this appears to be an accusation of private, alleged consensual conduct between adults – a subject matter which is not a proper subject of inquiry by the […]
Paul Caron at Taxprof blog points us to capital gains Is Capital Gains Tax Law Biased Against Low Income Investors? Min Dai (National University of Singapore, Department of Mathematics), Hong Liu (Washington University, Olin Business School) & Yifei Zhong (University of Oxford, Mathematical Institute), Is Capital Gains Tax Law Biased Against Low Income Investors?: The […]
Mark Thoma responds to the meme that the social safety net encourages bad behavior overall: The idea that the unemployment problem is due to lack of effort on behalf of the unemployed rather than a lack of demand is convenient for the moralists, but inconsistent with the facts. The problem is lack of demand, not […]
By Jazzbumpa at Retirement Blues comes this re-posting that runs parallel to Dan Becker’s post here. Federal Government Tax Receipts Where do you think they come from? I’ll just give it away: Personal Income Taxes, Corporate Income Taxes and FICA (the payroll tax: you know that hyper-regressive flat tax – nominally for Social Security and […]
NYT Robert Reich calls our attention to post election 2012 life and political realities: Looking Beyond Election Day By Robert Reich, Robert Reich’s Blog Most political analysis of America’s awful economy focuses on whether it will doom President Obama’s reelection or cause Congress to turn toward one party or the other. These are important questions, […]
I am late to the news on this one from yesterday, but want to make sure the provisions are noted and up for discussion. Link to Thomas for S.1867. Benjamin Wittes from Brookings has commentary worth reading. I have only included language used in the bill here. Senate NDAA Thought #1 by Benjamin Wittes The […]
Lifted from comments by reader and contributor Run 75441 on Peak life expectancy: We do wear out after a period of time. I suspect how quickly we wear out could be based upon life style, income, and diet. To answer your first statement, obesity in the is generation of children has led to an expected […]
Krugman highlights but provides no link to Nouriel Roubini’s address to the 2006 Davos meeting (direct link to Economonitors here). What I would say is that this incident exemplified something that was going on all along the march to the eurodebacle. Serious discussion of the risks and possible downsides was simply not allowed. If you […]
by Mike Kimel Barry Ritholtz looks at the Big Lie. The big lie of the financial crisis, of course, is that troubling technique used to try to change the narrative history and shift blame from the bad ideas and terrible policies that created it. In particular, Barry is interested in this: Take for example New […]
Yves Smith points us to a MacroBusiness post on declining peak life expectancy which points to the Institute for Health Metrics and Evaluation (this link is to an array of articles, as the link in MacroBusiness appears to stop at the gateway). Yves states: This post from MacroBusiness points to a development that has (predictably) […]