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

Migrated

Hi folks….let me know if there are problems with your feeds or old links. And also if you find our new format easier to read and what functions we might add once we settle down into our new functioning environment.

Farm subsidies and entrenched wealth

Lynne Kiesling writes Farm subsidies and entrenched wealth at Knowledge Problem: Veronique de Rugy has a great argument for ending farm subsidies in the April issue of Reason (and yes, do read the whole thing, well worth your time). Farm subsidies are the canonical example of the dynamics of Mancur Olson’s Logic of Collective Action […]

Doggett fighting for fairness on Tax Day!

by Linda Beale Doggett fighting for fairness on Tax Day! On Monday, Congressman Lloyd Doggett, a long-time member of the House Ways and Means Committee, releases a GAO report showing the continued advance of corporate tax expenditures that allow corporations to pay little or no taxes year after year. “Of the many Americans who are […]

Boston Marathon bombing

My son has been called in where he works in Boston for triage of injuries . My thoughts and prayers go to the injured.   I and family were there just yesterday. Visit NBCNews.com for breaking news, world news, and news about the economy

Doggett fighting for fairness on Tax Day!

Doggett fighting for fairness on Tax Day! On Monday, Congressman Lloyd Doggett, a long-time member of the House Ways and Means Committee, releases a GAO report showing the continued advance of corporate tax expenditures that allow corporations to pay little or no taxes year after year. “Of the many Americans who are right now getting […]

Piestein

by Sandwichman  (re-posted with author’s permission): In his Essay Concerning Human Understanding, John Locke affirmed, “I do not question but that human knowledge, under the present circumstances of our beings and constitutions, may be carried much farther than it hitherto has been, if men would sincerely, and with freedom of mind, employ all that industry […]

Another try at migration…

MEV will be moving us over to our WordPress platform and new look Tuesday early morning.  They have assured us the glitches have been corrected…rss feeds should continue, and links to old posts will be maintained.  Please let me know right away if problems develop… Dan

Criticizing the IMF staff and Ryan Avent

Lifted from Robert Waldmann’s Stochastic Thoughts: In the post below, I vigorously criticize IMF staff and Ryan Avent for claiming that central banks adopted low inflation targets in the early 80s without noting that the Fed did not adopt an inflation target until January 25 2012.  I have now read Avent’s post as patiently as […]

Reagan and Rios Montt: The Company You Keep

by Mike Kimel Reagan and Rios Montt: The Company You Keep Former Guatemalan dictator Efrain Rios Montt is on trial for genocide. I was born in the US, but my formative years were spent in South America in the 1980s. That the right wing Guatamelan military dictatorship was massacring unarmed civilians on a large scale […]