There is definitely a meme in the progressive blogosphere that conservatives and liberals think differently. People try to be polite, but I don’t think I’m the only person who perceives it to be really about the hypothesis that conservatives are not capable of rational thought. One way of putting this is that “The Republican Brain” […]
You really do want to read this post by Matt Yglesias It is too good to excerpt, especially because the best part is the screen capture. There are many things one could say about this comparison, starting with the fact that unlike a proper caudillo such as Augusto Pinochet, Obama hasn’t had thousands of people […]
I have comments on Brad DeLong’s question asked of Richard Koo. Re: Brad Delong http://delong.typepad.com/sdj/2014/11/a-question-i-want-to-ask-richard-koo-daily-focus.html which is Re: Richard Koo http://www.oenb.at/dms/oenb/Publikationen/Volkswirtschaft/CEEI/2014/koo_ppp/Koo_PPP. “I am not sure that I can ask this question coherently.” I think the question is plenty coherent. The post-script does a better job of capturing not your personal confusion but just how confusing […]
Guest Post by Mark Jamison, retired Postmaster. News of Ron Johnson the Tea Party favorite from Wisconsin taking over as chair of the Senate committee on Homeland Security & Governmental Affairs has caused an overwhelming sense of panic among progressives and postal workers. Johnson will control oversight of the Postal Service in the Senate. There […]
Crooks and Liars has a post up on it’s site here: Wingnut Cartoonist At Indy Star Gets His (Gary Varvel) Cartoon Yanked Claiming the cartoon was overtly racist, the Indianapolis Star eventually yanked it after initially removing the mustache off of the man coming through the window claiming the mustache created an image too ethic. […]
– by New Deal democrat (from Bonddad blog) Failure to deflate: flat consumer prices only slightly help real wages, sales Usually changes in the inflation rate are all about the price of gasoline. Not in October. Although gas prices fell -6.4% (compared with a decline of -5.0% a year ago), unlike one year ago […]
Dan here…Sometimes I don’t know the questions to ask. Here is a note on water…. by David Zetland (from Aguanomics) Does fixing a mistake make it worse? EC writes from Florida: One of the big questions staring me in the face is… as we reach the limits of sustainable use without “significant harm” to the […]
Economics is full of ideas for fiscal & monetary policies. But these policies are Top-down approaches. They work through investment and the financial system. Yes, China lowers its benchmark rate from 6.0% to 5.6%, but China is supporting a failing policy of over-investment. Debt rises… and non-performing loans are increasing. Yes, Draghi wants to do […]
Via Naked Capitalism: Elizabeth Warren tore into FHFA director Mel Watt over his failure to develop a program for Fannie and Freddie to provide principal modifications to underwater borrowers at risk of foreclosure. She also got in a dig for his failure to stop the agencies from pursuing deficiency judgments. That means going after former […]