Stan Fischer: “I think we’d be better off if there was a price for using money, or for not investing, in terms of monetary returns” — Matthew B (@boes_) September 27, 2016 Data link… Red circle is 2nd quarter 2016.

I actually really liked Clinton tonight.  I mean, her.  I liked her.  I didn’t think that could happen. And it wasn’t just because Trump was so awful. It feels good.

Mike Kimel continues his discussion on how Immigration impacts Job Creation. In this post, I am looking at how the percentage of a state’s population that is made up of immigrants affects job creation.  After all, we hear from some quarters that immigrants create jobs, and from others that immigrants take away jobs that would […]

She was wrong to separate him from the GOP on fiscal and regulatory policy and on court and administrative-agency appointees. It wasn’t a package deal, or rather, it should not have been. She could have made the distinction, but she didn’t; not with specifics and not even generically on any regular basis, anyway. Washington Post […]

I strongly advise you to read this post by Noah Smith and then click his links and read all of Romer (I have) and Kocherlakota (I haven’t yet but advise myself to do it now). update: Kocherlakota’s post is very brief non-technical and brilliant. I advise you to read it now. end update. Noah recalls […]

Supporters of Open Carry and ‘Must Issue’ Concealed Carry insist that no one should be afraid of someone exercising his or her 2nd Amendment Rights whether that be in some public park or the aisles of your local Wal-Mart. Yet right along side that we have a doctrine that everyone should comply with every request […]

I am now going to the brand new Trump International Hotel D.C. for a major statement. — Donald Trump, twitter, Sept. 16 at 9:23 a.m. And so he did, as all the world will remember.  That’s when, and where, he made his trumpeted “birther”-renouncement statement—er, his internationally televised ad for his new D.C. hotel. The […]

I and many others, including Yves Smith, waded into the thicket of Mike Kimel’s provocative generic and specific-reasons-for-the-generic claims in his post here earlier this week titled “Negative Effects of Immigration on the Economy.”  I and others, including academic economist Barkley Rosser, commented in replies in the Comments thread to Mike’s post.  Yves did so on […]

There is this fixed quantity of whatever it is and if you get more, I get less. One man’s profit is another’s loss. This dogma was already advanced by some ancient authors. Among modern writers Montaigne was the first to restate it; we may fairly call it the Montaigne dogma. It was the quintessence of […]