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

McMahon’s WWE has taken $36.7 million in Connecticut subsidies

 by Kenneth Thomas McMahon’s WWE has taken $36.7 million in Connecticut subsidies U.S. Senate candidate Linda McMahon’s World Wrestling Entertainment (WWE) has received $36.7 million in Connecticut film tax credits in 20 separate deals since 2006, reports CTPost.com (thanks to Karin Richmond on the LinkedIn Public Incentives Forum). As in many states, what historically began […]

Mainstream and Semi-Mainstream Allegations Against Sitting Presidents

by Mike Kimel Mainstream and Semi-Mainstream Allegations Against Sitting Presidents I think back to each of the Presidents who was in office since Reagan,under whom I was old enough to start paying attention. And I wasthinking of the allegations that were made against each by theirpolitical enemies. I’m going to ignore the real fringe stuff, […]

Universities and ‘think tanks”

Via Naked Capitalism comes a heads up from reader Paul Tioxon: Propaganda on the Rise on the Health Care Policy FrontReader Paul Tioxon sent the following sighting by e-mail. By way of background, it’s important to keep in mind that pretty much every place that professes simply to read research and translate into stuff journalists […]

Water economics for beginners

From David Zetland (Aguanomics) comes this note… Marginal Revolution University [free, online] has released 14 lessons (2-7 min, each) on water economics as part of its development economics unit. They give a decent introduction to several issues. I am going to contribute a few lessons. The series has a point of view about an economic […]

Mark Thoma presses the issue of increasing income inequality

Mark Thoma  presses the issue of increasing income inequality: Via an email from Lane Kenworthy, here’s more research contradicting the claim made by Kevin Hassett and Aparna Mathur in the WSJ that consumption inequality has not increased (here’s my response summarizing additional work contradicting their claim, a claim that is really an attempt to blunt […]

Dean Baker ponders the lack of focus on Social Security

Dean Baker ponders the lack of focus on Social Security via Alternet: It is remarkable that social security hasn’t been a more issue in the presidential race. After all, Governor Romney has proposed a plan that would imply cuts of more than 40% for middle-class workers just entering the labor force . Since social security […]

Bounce and momentum

Lifted from Robert Waldmann’s Stochastic thoughts: Brendan Nyhan autopsies the mittmentum narrative here. I comment. Thank you for this very good post.  I had been puzzled by the “bad narrative about momentum” narrative on progressive blogs (largely because I interact with the rest of humanity largely by reading progressive blogs).  You demonstrate that there was […]

Romney, Family Business, Carried Interest, and potential conflicts of interest

by Linda Beale Romney, Family Business, Carried Interest, and potential conflicts of interest Just a quick note this morning on an interesting article in the October 29, 2012 edition of The Nation magazine, Lee Fang, Romney Family Business: Investors in Tagg Romney’s firm, Solamere Capital, could hit the jackpot if his father wins, The Nation […]