(Dan here….lifted from Robert’s Stochastic Thoughts) A New Pareto Liberal Paradox (reposted from 2004) One of the core principles of Liberalism is that there must be equality before the law. The law must not discriminate. In practice, this principle is often restricted to citizens and people are citizens only if they are born in the […]

(Dan here…better late than not!) by New Deal democrat A better name for The Kids Today: iGeneration You know the drill. It’s Sunday so I get to ruminate about all stuff that isn’t dry economics. The oldest member of the Millennial generation is 38. Not only do I not think that The Kids Today would […]

by Joseph Joyce   A Guide to the (Financial) Universe: Part 1 A decade after the global financial crisis, the contours of the financial system that has emerged from the wreckage are becoming clearer. While the capital flows that preceded the crisis have diminished in size, most of the assets and liabilities they created remain. But […]

by Cactusman What Happened to the Political Price for Lying? (Part 2) Recently I wrote about the political price of lying and how there is a serious disconnect between voters (including republican voters) saying they want honesty in a politician and how they act. My initial conclusion was that many voters are lying to themselves […]

by Cactusman What Happened to the Political Price for Lying? (Part one of two) James Comey’s recent interview on ABC has resurrected questions about the importance of honesty in public officials. One of the key themes of Comey’s interview, and apparently his soon-to-be-released book, is that Donald Trump is “morally unfit” to be president because, […]

(Dan here…lifted from Robert’s Stochastic Thoughts) Thoughts on Capehart on Kagan I ì’m reading the Washington Post and note one very outstanding op-ed by Catharine Rampell which you should just read. She links to excellent summaries of social science research and notes that Republicans don’t listen to experts and aren’t reality based.But I want to write about […]