Still looking for a case in which I disagree with Paul Krugman, I jump in the deep end and discuss his thoughts on international trade in “The Return of Elasticity Pessimism (Wonkish)”. That is “the belief that trade flows barely respond to price signals, and hence that devaluations don’t help alleviate imbalances.” It is amazing […]
I have long been embarrassed by the fact that I almost always agree with Paul Krugman — I fear that I am not an independent thinker. I eagerly look for chances to disagree and see two promising possibilities at his blog. He has a negative view of Bernie Sanders “Why I Haven’t Felt the Bern […]
As for Clinton herself, her bandwagon-jumping nature is a big reason why so many people dislike her. But in this instance there was the additional element of dishonesty: she knew that Sanders rather than the editorial board members had it right about what Dodd-Frank provides. She had said so publicly, recently, in a statement in […]
As for Clinton herself, her bandwagon-jumping nature is a big reason why so many people dislike her. But in this instance there was the additional element of dishonesty: she knew that Sanders rather than the editorial board members had it right about what Dodd-Frank provides. She had said so publicly, recently, in a statement in […]
By law the Annual Social Security Report is due by April 1. But as in every year for the last decade this deadline was missed and of course without explanation or excuse, leaving Social Security hobbyists like me whimpering. Luckily there are not a lot of SocSec fanboys and fangirls. It might be a club […]
post by Mike Kimel This post looks at differences between the hours worked, by gender, and the degree to which it could explain the gender gap. To lay the groundwork, the table below shows the number of full time employed (but not self-employed) men, women, their weekly wages, and hours worked. Figure 1. If this […]
Obviously, he would propose cutting his taxes if he were elected. Also there would be a Republican majority so they would be cut. But why did his campaign announce a huge tax cut proposal ? Trump is trying to present himself as a populist. The utter absurdity of this effort is at least doubled by […]