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

Competing GOP Tax proposals Graphic

An organization that is called: American Institute of Certified Tax Coaches has put up a summary graphic of the various tax proposals ofthe GOP candidates. It not only notes the major points of their plans, but what their plans would cost. It is presented in a sort of game board race layout. The Institute introduces […]

Speculation About Oil

Last Spring, some Democrats and liberals (Ed Schultz and Bernie Sanders spring readily to mind) who have somehow resisted the enlightenment of unfettered free markets suggested that high oil prices are due to speculation. Noah Smith took this subject on, asking the question: “Do speculators cause oil and/or gas prices to rise above their “natural” […]

Menzie Chinn Explains it All for You: Demand Inflation Now!

Whether it’s Market Monetarist NGDP targeting (a.k.a. Damn The Inflation Rate; We Need Growth!) or Menzie’s recommendation of Conditional Inflation Targeting with a notably higher target, everything tells us that somewhat higher inflation is the current path to greater and more widespread long-term prosperity. Raising the expected inflation rate will lower real interest rates and […]

‘Jazzbumpa’ to write for Angry Bear

Jazzbumpa has been writing about various topics that involve economics for several years now. He maintains several blogs, one of which is Retirement Blues. He is data driven with a sense of humor and will add such to Angry Bear. Jazzbumpa is retired from a product development career in the auto industry. His education is […]

Big Changes at Capital Gains and Games

I go away for a week and the world collapses. While most of you probably noticed that Russell Brand is available again, the other Major Separation was at Capital Gains and Games, which is now exclusively Stan Collender’s as “principal writer and managing editor.” It is also rebranded “Stan Collender’s Capital Gains and Games.” (The […]

Mike Mandel on productivity and Tyler Cowen on stagnation

Last week Mike Mandel published a very interesting chart as his nominee for the chart of the year.http://innovationandgrowth.wordpress.com/ He is using the net investment data to argue that capital spending is much smaller than generally assumed. Standard thinking is that since the early 1980s capital spending has been booming and despite cyclical swings real business […]

The Peltzman Effect: Why Economic Growth Has Slowed in the US Over Time

by Mike Kimel (Update: Naked Capitalism notes Mike’s post is the top read of the day in ‘links’) In recent years, there have been a number of studies showing that generational income mobility is particularly low in the US. To quote this 2006 study by Tom Hertz: By international standards, the United States has an […]