A while back, I had written this: “One in 31 Adults”. As this was one of my first posts, Dan was kind enough then to post it on Angry Bear. “One in 31 Adults” (~2.3 million) are under the control of the correctional system according to a March 2009 Pew Center Report of the same […]
Okay, first things first. And the first thing is that when you (okay, when I) put the word “after” instead of “before” in a key sentence, and the error (which in this instance occurred because of a cut-and-paste sentence-edit typo in a complex sentence) makes the sentence nonsensical, you’re gonna be stepping on your own punch […]
Quote from the most recent Federal Statement. “In determining how long to maintain the current 0 to 1/4 percent target range for the federal funds rate, the Committee will assess progress–both realized and expected–toward its objectives of maximum employment and 2 percent inflation. This assessment will take into account a wide range of information, including […]
The Euro-zone inflation rate rose less then expected for April at a pace of 0.7%. It was expected, or hoped, to rise to 0.9%. Germany’s inflation rate stayed low at 1.1%, which makes cost adjustments more troubling for the periphery countries of Europe like Spain and Greece. Finding a cure for low inflation is imperative […]
HT:
The Bureau of Economic Analysis has been working on creating state and metro cost of living indices for several years and they have just published a new set of them that can be used to create real per capita income comparisons between states. In their press release they show a map comparing real growth in […]
by Peter Dorman Re posted from Econospeak It’s the Political Economy, Stupid! Sometimes living in the world of ideas makes it harder to understand the real one. If you happen to be an economist, and the time is now, that is true in spades. Take Paul Krugman, for instance. After bemoaning the terrible policy […]
In a close and insightful reading of Chief Justice Roberts’ opinion in McCutcheon, reproduced here with his permission from the election law listserv, Marty Lederman has called attention to this first paragraph: “There is no right more basic in our democracy than the right to participate in electing our political leaders. Citizens can exercise that […]
Clarification appended below. —- During oral arguments in a freedom-of-speech case out of Alabama, several justices challenged the notion that public employees who testify truthfully about an issue of significant public concern aren’t shielded from retaliation by the First Amendment. “What kind of message are we giving when we’re telling employees, you’re subpoenaed in a […]
by Joseph Joyce (is a Professor of Economics at Wellesley College and the Faculty Director of the Madeleine Korbel Albright Institute for Global Affairs. His book, The IMF and Global Financial Crises: Phoenix Rising?, was published in 2012 by Cambridge University Press.) Recovery in Europe? Greece has returned to the bond market, issuing $4.2 billion […]