by Mike Kimel Reproduction, Income, and the Future A comment on a post at EconLog, a very libertarian website… I can say that in my lifetime, I have not earned enough money for me to have kids. I’m 36. I know some have had kids on my income or less but it certainly is not […]
James Wagner, President, Emory University has offered the idea that compromises for a ‘more perfect union’ comes in many forms. The link presents Mr. Wagner’s reply to the storm of comment to the original, which follows. Here is an excerpt: One instance of constitutional compromise was the agreement to count three-fifths of the slave population […]
From Huffington Post comes this example of prosecutions of fraud and malfeasance (well, tongue in cheek if the pain was less, but 22 trillion IS a lot of money): The bank fired Richard Eggers from his job of seven years as a customer service representative after the company found out about a decades-old run-in with […]
Adair Turner, chairman of Britain’s Financial Services Authority offers his take on government policy and “spending” side of policies. From Reuters comes this comment on the speech. I haven’t seen much coverage. Wednesday night may have marked the “emperor’s new clothes” moment of the Great Recession, in which the world suddenly realizes its rulers are […]
by Linda Beale Mark Thoma puts Holtz-Eakin on (figurative) hot seat As most of the Angry Bear and ataxingmatter readers know, I do not frequently applaud the economic punditry of those freshwater economists who think the way to deal with the problem of failed market fundamentalism policies is to double-down on those failed policies. I’ve […]
I was watching C span Washington Journal this morning. Rep Marsha Blackburn was the guest. I got to listen to her explanation of how the Social Security funds flow and just had to post the clip. Copied from the transcript of the clip: THEIRS MONEY THAT GOES TO MEDICARE AND SOCIAL SECURITY AND I THINK […]
by Linda Beale Senator Warren Puts Bank Regulators on Hot Seat Elizabeth Warren started out her questioning of big bank regulators by noting that actual trials, where guilty parties are paraded before juries, information about their wrongdoing is spread over front pages, and everybody is aware that bad guys get punished for their bad deeds […]
By “this,” I mean this. I don’t know, but it sounds to me like some of it is not. Wish I could ask Chris Christie, a former (very high-profile) U.S. Attorney for the District of New Jersey (2001-2008). He would know. —-UPDATE: In light of the comments to this post, saying that Florida […]
Chris Martenson at Peak Prosperity emphasizes aspects of oil and gas markets often left out of discussions, something our own Spencer England has remarked upon as well in Oil industry is undergoing a major structural change. And I think that $80 a barrel production cost is on the low side from our new sources, being […]