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

Congress Steadily Degenerating

Congress Steadily Degenerating  I doubt this will surprise anybody, aside from those who might have hoped that Dems retaking formal control of both houses of Congress, if by narrow margins (with that margin shrinking in the House due to the 2020 election).  But I have a more direct source for this conclusion. I received a […]

Good Signs On Renewing US-Iran JCPOA Nuclear Deal

Good Signs On Renewing US-Iran JCPOA Nuclear Deal  One should probably not get too optimistic yet, although I have been getting quite worried about it, but a report in today;s New York Times seems to indicate that via the rather indirect negotiations going on in Vienna the US and Iran may have worked out a […]

How To Estimate “Rational” Market Expectations Of Future Inflation

How To Estimate “Rational” Market Expectations Of Future Inflation  I am not a fan of rational expectations, hence the quotation marks around “rational” in the subject head here.  Nevertheless I have become aware thanks to some posts at Econbrowser by the intrepid Menzie Chinn that the usual way this has been measured and reported by […]

Is the Biden Presidency The Final Triumph Of The Silent Generation?

Is the Biden Presidency The Final Triumph Of The Silent Generation?, Econospeak, Barkley Rosser The who?  Never heard of them?  Or never heard from them? More like the latter. After all they have not been called “Silent” for nothing. Yes, it seems that we alternate generations between large noisy ones and smaller quieter ones.  The […]

Utopian Socialism Brings About Toilet Paper Shortages Maybe In The Near Future

Utopian Socialism Brings About Toilet Paper Shortages Maybe In The Near Future  Yeah, to heck with “socialism” in any of its forms, even old varieties that Marx and Engels denounced, neologizing the label “utopian socialism” for its advocates, even as they made clear their respect for the intentions at least of their intentions, even as […]

Virginia Ends The Death Penalty

Virginia Ends The Death Penalty  Yesterday (or maybe the day before), Virginia Governor Ralph Northam overturned over 400 years of a death penalty. My state had the highest number of executions of any other, 1390, over those 400+ years. And now it is done. Good. “Lawmakers in the Democratic-controlled House of Delegates and state Senate┬ápassed […]

Peace in Libya?

Peace in Libya?, Econospeak, Barkley Rosser  On the tenth anniversary of the Arab Spring uprisings that held so much hope at the time but would lead eventually only to one nation, Tunisia where they started, ending up with a democratic government, while others ended up with either authoritarian governments such as Egypt or in ongoing […]

A Curious Form of Sex Addiction

A Curious Form of Sex Addiction, EconoSpeak, Barkley Rosser  The murderer of 8 people recently in the Atlanta area, of whom 6 were Asian American women, mostly (if not completely) Korean American, has claimed that he did not do it out of any anti-Asian prejudice, much less anti-women prejudice, although apparently only one of those […]