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

One for the doves

Angry Bear Spencer England commented on Tim Duy’s post… Very good wrap-up.   There is virtually no evidence that the economy is breaking out of the past few years very sluggish growth. One For the Doves, by Tim Duy: The March employment report came in pretty much in line with expectations. Nonfarm payrolls gained by 192k, […]

Scotus Friday roundup

Pretty good company to be in! Friday round-up The Court’s decision on Wednesday in McCutcheon v. FEC, striking down the aggregate limits on contributions to political parties, political action committees, and candidates for federal office, continues to dominate coverage of, and commentary on, the Court.  Yesterday this blog kicked off its symposium on the decision […]

Overhead Allocation vs. Theft

by J Tsimeskes Overhead Allocation vs. Theft I was readingDean Baker’s excellent post today on high speed trading. My initial reaction was that this was simply theft, high frequency traders supply absolutely no value to anyone but reduce the gains made by legitimate traders. The first comment, however, made me think. SteveB asks “I don’t […]

The IMF and Ukraine

by Joseph Joyce The IMF and Ukraine The International Monetary Fund last week announced an agreement with Ukraine on a two year Stand-By Arrangement. The amount of money to be disbursed depends on how much other financial support the country will receive, but will be total at least $14 billion. Whether or not this IMF […]