Nick Hanauer, Joseph Sitglitz videos. This is the latest presentation Nick Hanauer has made regarding the upside downness of our economy and the backward, selfish thinking that has gotten us here. In this one he is talking to his “plutocrat” friends: We plutocrats need to see that the United States of America made us not […]
Right. So the the same day that I posted about the substantial fall in the uninsured rate for adults that we have seen since Obamacare went into effect, a conservative writes at the Wall Street Journal making exactly the same arguments that Matt Yglesias had refuted. Cliff Asness writes in the WSJ: That more people […]
I just posted a comment in the Comments thread to Bill H’s post on Michigan from Tuesday, and on a whim, because these issues hit a nerve for me, I’m reposting my comment as a full post here: I love this post. It hits upon a few of my obsessions, but especially these two: The lack […]
Over at Addicting Info, Nathaniel Downes is reporting Scott Walker has been dumped by the Koch Bros as their sponsored candidate for President. I wonder if he had to return the ring? It appears Scott has taken an anti-immigration stance which is something the Koch Brothers oppose. Scott made it apparent, illegal and also legal […]
“’We cannot afford a trade deal that undermines the government’s ability to protect the American economy,’ Warren said in the letter, also signed by Sens. Tammy Baldwin (D-Wis.) and Edward J. Markey (D-Mass.).” In a later email to her supporters: “‘The government doesn’t want you to read this massive new trade agreement. It’s top secret,’ […]
Sandwichman cross post taken from Econospeak Have to admit, the spectre of mailman flying a gyrocopter onto the lawn of the Capitol building appeals to the Sandwichman’s weakness for eccentric idealists. From the Tampa Bay Times, here is the letter that Doug Hughes was delivering to 535 members of both houses of Congress. Dear ___________, […]
For the reasons explained above, we now conclude that independent expenditures, including those made by corporations, do not give rise to corruption or the appearance of corruption. — Citizens United v. Federal Election Commission, Anthony Kennedy, John Roberts, Antonin Scalia, Clarence Thomas, Samuel Alito, Jan. 21, 2010 I should have foreseen it on Monday. That […]
Naked Capitalism has an article The Continuing Depopulation of Detroit on Detroit which I attempted to answer. No one cause can be assigned to answer what happened to Detroit since 1950 and well before the first black Mayor was elected. I attempted to put this into perspective. This is not an easy and nor will […]
The story hardly bears repeating: Pricing is the ultimate miracle of Darwinian markets. Competitors who produce goods at lower prices thrive, expand their operations, and produce more. Those who charge higher prices (for equivalent goods) are driven to extinction when sensible purchasers abandon them for their more-efficient competitors. This inexorable mechanism drives innovation, investment, and productivity, […]