Paul Samuelson On Knut Wicksell Something I have been doing for several years now is serving as Senior Coeditor of the Fourth Edition of the New Palgrave Dictionary of Economics, with the original one published back in 1894 in London (my coeditors are Matias Vernengo and Esteban Perez). As part of this effort, a multi-year […]
A Looming Anniversary Passes Yesterday was the 30th anniversary of the end of the Soviet Union. I previously posted here about this looming anniversary, arguing that the large troop buildup of Russian troops on the Ukrainian border along with the many strong demands being made by V.V. Putin of various parties reflected his high awareness […]
It’s A Wonderful Life: Faux Populism Somewhere I never saw a full version of this classic, Its a Wonderful Life, but here it is on Christmas Eve, an official Christmas classic. I was always suspicious of it, from all I had heard, but it looks less worth than I had heard. I mean, really, local […]
If Barkley is writing about it, it warrants space on AB. RIP Sharon L. O’Hare, Econospeak, Barley Rosser I know, I know, my part of this blog is increasingly resembling an obituary column. But, heck, people I know who are conneted to econ keep dying, although this one was not as well known as others. […]
A Looming Anniversary Sighhhh… The possibility of a Russian invasion of Ukraine is now front-page news, with little sign that Putin is going to move his massive military buildup by the border back anytime soon, even if he does not invade. After the phone call this past week between him and Biden, supposedly lower-level negotiations […]
More Partsanization Of The Environment The Environmental Protection Agency was founded during the presidency of Republican Richard Nixon, if perhaps with some lack of enthusiasm. The first national cap and trade (or “tradable emissions permits”) system, for SO2, was instituted during the presidency of Republican George H.W. Bush. In 2008, Republican John McCain had an […]
RIP David M. Grether I have only just now learned that Dave Grether died on Sept. 12 of causes unreported at age 82. He was an emeritus prof of econ at Cal Tech. He received his PhD in 1969 from Stanford in econometrics. He soon was at Cal Tech where he spent the rest of […]
EconoSpeak: Playing With The Strategic Petroleum Reserve, Barkley Rosser Over the last month crude oil prices have noticeably declined from in the neighborhood of $85-86 per barrel to $78-80 per barrel. But there has been only a very small decline in retail gasoline prices, and the headlines even as of yesterday was all about “sharply […]
Repeated Lying About Lying Of course, Donald Trump has been using this Big Lie method of simply endlessly repeating a Big Lie and successfully so with his claim that last year’s presidential election was “rigged” or “stolen,” according to the latest poll I just saw on the order of 70% of Republicans accepting this Big […]
Dems Continue To Sink Despite Improving Economy On the first page of today’s Washington Post was reported a poll showing that when a random sample was asked, 46% said they would vote for a generic Republican candidate for Congress versus 43% for a generic Democratic candidate. Given reported further pro-GOP gerrymandering, if this were to […]