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

PRESIDENTIAL STATEMENT SIGNING THE SOCIAL SECURITY ACT. AUGUST 14,1935

F.D.R.’s statement on signing the Social Security Act reminds us to pay attention to ‘reform’ or schemes to ‘privatize’ PRESIDENTIAL STATEMENT SIGNING THE SOCIAL SECURITY ACT. AUGUST 14,1935 Today a hope of many years’ standing is in large part fulfilled. The civilization of the past hundred years, with its startling industrial changes, has tended more and more to […]

Climate loss, grief and migration

by David Zetland (originally published at The one-handed economist) Climate loss, grief and migration The climate we grew up with is leaving. International action to slow climate chaos is not really working. National action and market innovations are having some useful impacts, but they are far too few on the mitigation side and far too […]

The Story Construction Tells About America’s Economy Is Disturbing

From the New York Times, Ezra Klein’s opinion piece, The Story Construction Tells About America’s Economy Is Disturbing Here’s something odd: We’re getting worse at construction. Think of the technology we have today that we didn’t in the 1970s. The new generations of power tools and computer modeling and teleconferencing and advanced machinery and prefab materials […]

The iceberg of identity

by David Zetland (originally published at The one handed economist) The iceberg of identity How do you describe yourself to others? Me? I am a white American 53-year old male, of average height and weight, mostly white hair (a touch of pepper), green-blue eyes, and a decent tan. That description is perhaps 90 percent of […]

Two basic problems of a declining population in a Country

From the NYT opinion pages comes Paul Krugman’s description of the two basic problems of a declining population in a country, Dr. Krugman ues China as an example. China’s population declined last year, for the first time since the mass deaths associated with Mao Zedong’s disastrous Great Leap Forward in the 1960s. Or maybe it […]