Is the Ecological Salvation of the Human Species at Hand? In “De-growth vs a Green New Deal,” Robert Pollin relies on the same blurring of distinctions that Robert Solow employed 46 years earlier in his condemnation of The Limits to Growth as “bad science.” Nicholaus Georgescu-Roegen pointed out Solow’s obfuscation in the article that inspired the term […]
by Brad Delong (originally published at Grasping at Reality with at least Theree Hands) BRETT KAVANAUGH: A MULTIPLE TRAIN WRECK IN MANY DIMENSIONS: MONDAY SMACKDOWN I confess that I have been procrastinating on various things. Why? Because I have been unable to tear my eyes away from the multiple train crash that is the confirmation […]
Mainstream Media Says Trump Triumphs Over Iran! That would be several stories in both the New York Times and the Washington Post over the last two days: Trump’s policy against Iran is a great success and it is completely reasonable and justified. This reporting and columnizing has followed three tracks. One was in a column […]
A bold forecast: there will be no autumn surge in housing this year The big issue this year in housing is whether increased mortgage rates and higher prices have merely resulted in a deceleration in the increase in new housing sales and construction, or whether housing is actually rolling over. As I’ve written several times […]
Via ElNuevoDia at LG&M, “Gamblers are now betting that Kavanaugh will not be confirmed.” The market in question, at PredictIt, seems rather straightforward. Note, though, that the contract only opened five days ago (18 September) and traded consistently in the 60-70% range through yesterday (22 Sep), closing at 61% and only reaching as low as […]
As the number of workmen that can be kept in employment by any particular person must bear a certain proportion to his capital, so the number of those that can be continually employed by all the members of a great society must bear a certain proportion to the whole capital of that society, and never […]
Senator Grassley tweeting: “Five times now we hv granted extension for Dr Ford to decide if she wants to proceed w her desire stated one wk ago that she wants to tell senate her story Dr Ford if u changed ur mind say so so we can move on I want to hear ur testimony. […]
“What Keynes Ignored” Ruth Sutherland wrote in The Daily Mail a couple of days ago: Here is how Keynes “ignored” those “workaholic tendencies”: Yet there is no country and no people, I think, who can look forward to the age of leisure and of abundance without a dread. For we have been trained too long to strive […]