Relevant and even prescient commentary on news, politics and the economy.

Optimal Taxation of Capital Income 2019 (let them Bern).

I wrote a post about optimal taxation of capital income which (the web is sometimes wonderful) was made legible by the blessed [person who choses to remain anonymous]. But that was back in Obama center left 2008. I want to update given what I learned since then and given the appearance of socialist US citizens. […]

Economic Growth and Climate Change: Mistaking an Output Variable for an Instrument

Economic Growth and Climate Change: Mistaking an Output Variable for an Instrument When I first started arguing against the degrowthers, I thought they were a small, uninfluential fringe, important only because they had a sway over a portion of the left—what we might call the Naomi Klein left.  That was then.  Today degrowth is entering the mainstream, as can be […]

On the government shutdown, Pelosi should go maximalist

On the government shutdown, Pelosi should go maximalist It’s pretty clear that the House GOP has decided to simply punt the government shutdown into the new Democratic House majority’s laps. That new House Democratic majority will have two basic options: (1) go accomodationist; or (2) go maximalist.  I am here to write in support of […]

Asking the Wrong Questions: Reflections on Amazon, the Post Office, and the Greater Good

The author of this post which was published in April 2018 on Save The Post Office is Mark Jamison, a retired North Carolina Post Master. From time to time, I have featured both Marks and Steve’s post office advocacy on Angry Bear. Steve is a literature professor who teaches “place studies” at the Gallatin School […]

Global Networks and Financial Instability

by Joseph Joyce Global Networks and Financial Instability The ten-year anniversary of the global financial crisis has brought a range of analyses of the current stability of the financial system (see, for example, here). Most agree that the banking sector is more robust now due to increased capital, less leverage, more prudent balance sheets and better […]