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

Raising the Price of Pizza 10 to 14 cents. . .

by Bill aka run75441 Raising the Price of Pizza 10 to 14 cents. . . Will pizza and food prices really have to increase to cover healthcare costs for the mostly young employees of the Olive Garden’s, Denny’s, and Papa John’s restaurants? A 10 to 14 cents increase per pizza is being proposed by Papa […]

SOCIAL SECURITY…Sweet Reasonableness and Fact Checkers

by Dale Coberly SOCIAL SECURITYSweet Reasonableness and Fact Checkers Apparently the Big Liars are getting worried about the fact that “Social Security has nothing to do with the deficit.” There have been a flurry of little Big Liars “proving” that in fact SS is a contributor to the Deficit. I am going to try to […]

Links Worth Noting: Stealth (Class) Warfare

by Linda Beale Links Worth Noting: Stealth (Class) Warfare(Op-ed) Paul Krugman, Class Wars of 2012, New York Times (Nov. 30, 2012). When Mitt Romney disparaged ordinary Americans, it was visible, obvious, and clearly an indication of the lack of esteem he held for ordinary Americans. The same arrogance is at work in the class warfare […]

Modeling the Price Mechanism: Simulation and The Problem of Time

Today’s New York Times article on rapid online repricing by holiday retailers depicts a retail world starting to approach the “flash-trading” status of financial markets: Amazon dropped its price on the game, Dance Central 3, to $24.99 on Thanksgiving Day, matching Best Buy’s “doorbuster” special, and went to $15 once Walmart stores offered the game […]