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

Carbon Gridlock Redux in Washington State

byPeter Dorman (originally published at Econospeak) Carbon Gridlock Redux in Washington State A year ago—it already seems like another era—an initiative to set up a carbon tax in Washington State, I-732, was defeated by the voters.  The proposal was to use the money for tax reductions in accordance with the standard economic view that taxing […]

Social justice activism in your own backyards?

by Peter Dorman (originally published at Econospeak) Another Year of Equity at Evergreen The following email was forwarded to me and many other Evergreen faculty: On [date deleted], students, staff and faculty of The Evergreen State College will hold a Re-Convocation Rally on Red Square to express and affirm their commitment to goals of equity, […]

Does Single Payer Pay for Itself?

by ProGrowthLiberal (originally published at Econospeak) Does Single Payer Pay for Itself? Was this the message of the title of the latest from Dean Baker: The economies of a single system can be viewed as analogous to the Social Security system, which has administrative costs that are less than 1/20th as much as privatized systems […]

Why a Case Against a Dark Money Charter School Group Is Great News for Democracy

Via Alternet: Why a Case Against a Dark Money Charter School Group Is Great News for Democracy Billionaire charter school backers in Massachusetts wanted their identities kept secret. In one of the most important decisions ever about dark money in politics, a Massachusetts charter school advocacy group has been ordered to make the names of […]

Deficits Do Matter, But Not the Way You Think

Dan here…a reminder about our federal deficit. Deficits Do Matter, But Not the Way You Think 07.20.10    Roosevelt institute  L. Randall Wray In recent months, a form of mass hysteria has swept the country as fear of “unsustainable” budget deficits replaced the earlier concern about the financial crisis, job loss, and collapsing home prices. What […]

Price Gouging

by Peter Dorman  (originally published at Econospeak) Price Gouging Whenever there’s a natural disaster, a famine or some other such crisis, people zero in on price gouging.  Are grain merchants jacking up prices to take advantage of a food shortage?  What about airlines raising fares to cash in on desperate attempts to flee an impending hurricane, […]

Who owns the Wealth in Tax Havens?

WHO OWNS THE WEALTH IN TAX HAVENS?, an NBER working paper, points to following the money: Drawing on newly published macroeconomic statistics, this paper estimates the amount of household wealth owned by each country in offshore tax havens. The equivalent of 10% of world GDP is held in tax havens globally, but this average masks […]