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

Thoughts on Matt Yglesias

Lifted from Robert’s Stochastic Thoughts I am going to put two comments on Matt Yglesias’s blog here.  I am somewhat concerned.  My previous view on Yglesias is that I agree with him except on monetary policy (and the effect on asset price of Abe/Kuroda and of FOMC hints of possible tapering on asset prices particularly […]

More Thinking on Ethics : How about Ethics and Economics

by Linda Beale More Thinking on Ethics : How about Ethics and Economics A few days ago, I broached a question about “The Countermajoritarian Difficulty and Congressional Ethics“.  We seem to talk a good deal about congressional or political corruption, usually referring to elected officials taking bribes, commiting some kind of fraud such as failure […]

The Cobra Equation for the Effective Demand business cycle (part 2)

OK… so the exploration is continuing into the new equation which I am calling “The Cobra Equation” because the 3D curve looks like a cobra. This equation shows promise in its ability to explain the process of the business cycle and to ascertain the utilization of labor and capital near the end of the business […]

Health Wonk Review – Rich and Varied Offerings

Maggie Mahar reviews other blogs on healthcare within the blogosphere   Joe Paduda has hosted the newest edition of Health Wonk Review, a bi-weekly roundup of some of the best healthcare posts in the blogosphere. You will find it at Joe’s blog, Managed Care Matters.: Here are just a few highlights: Health IT is still […]

More on Schuette v. Coalition to Defend Affirmative Action–this time from a reader who is a U-Mich. undergraduate alum and currently a Ph.D. candidate there in Sociology*

Reader Dan Hirschman, a U-Mich. undergraduate alum and currently a Ph.D. candidate in Sociology there, wrote the following comment to my post here yesterday titled “What I agree with Richard Kahlenberg about on Schuette v. Coalition to Defend Affirmative Action.  And what I don’t.”: Dear Beverly, Thank you for the fantastic analysis of this case […]

The Senate Reopen the The Government and Don’t Default bill

This post is based on the draft bill obtained and posted at wonkblog. It might be changd. The one concession to Republicans (beyond the early September concession that the continuing resolution funds at sequestration levels) is “enhanced” verification of income of people claiming Obamacare subsidies. There are three paragraphs. Paragraph one ust says the PPACA […]

Labor market is improving, but hanging high

The Federal Reserve Bank of San Francisco published a letter about the labor market. The letter is titled, Gauging the Momentum of the Labor Recovery, and written by Mary C. Daly, Bart Hobijn, and Benjamin Bradshaw. They observe 6 indicators to judge how well the labor market is improving. The 6 indicators are the insured […]