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

To pay for the next war…we raise taxes, cut spending elsewhere?

The Armed Services full committee meeting in light of the end of the latest round of talks with Iran and harsher sanctions (oil embargo) scheduled to take effect, points us to the need to figure out how to pay for another conflict that is not quick and victorious. The Washington Post quotes Senator Leahy: At […]

German Construction Is Looking a Bit ‘Bubbly’

by Rebecca Wilder German Construction Is Looking a Bit ‘Bubbly’ Eurostat released its volume-adjusted estimate of construction for April (release here, .pdf). Over the month, Euro area construction declined 2.75% following a large 11.41% monthly increase in March. Across the countries that make monthly data available (8 countries total), Slovenia and Portugal saw the largest […]

Methinks Jonathan Haidt Doth Protest Too Much: Southern Whites Edition

Lots of excellent pushback against Jonathan Haidt’s crazy assertion that Republicans have become the party of working people. A great takedown by Larry Bartells, you can follow the rest from there. Haidt uses an awful lot of words, numbers, pictures, and general hand-waving to point out obscure the fact that white southern Democrats have gone […]

Sorta Interesting … (Updated!)*

Thought y’all would enjoy this post, on one of THE BIG DEAL law-profs’ blogs.  It’s bloggers are right- to center-right libertarians, all (or at least most) of them former law clerks to one of the conservative Supreme Court justices. Ah. And this is even moreinteresting.  Woo-hoo! —–UPDATE: Welll.  Hmmm.  As I said earlier today in a […]

"The Red Light District of Sorts"

by Run 75441“The Red Light District of Sorts”The Democrats and the Republicans cannot agree on much these days. Because of the inability to agree, healthcare reform is aflame with controversy and in SCOTUS waiting for a decision on its constitutionality. Stimulating the economy languishes between cutting taxes for the rich in income to create jobs […]

When the rivers run dry — the review

by David Zetland When the rivers run dry — the review re-posted with permission from author from Aguanomics  Fred Pearce is an English journalist who’s been covering water issues for 20+ years (he’s just published a book on land grabs, review to come). I read the second edition of When the rivers run dry: Water […]

Why Equality Drives Entrepreneurship and Innovation

Coming at this question from my typical perspective: a business owner facing a national economy. You run a mid-sized business selling high-quality furniture. You’ve developed a new chair that’s better than the other chairs on the market. (Think: the Herman Miller Aeron Chair.) Say you’re planning to sell it for $700. (You can’t sell it […]