by Linda Beale JCT scoring of Obama budget; Senate vote on extending temporary tax breaks Harry Reid’s office announced that the final vote on the “American Workers, State, and Business Relief Act of 2010 (HR 4213), which will extend $31 billion in temporary tax breaks will take place on Wednesday Mar 10 (at the request […]
by Linda Beale The Chicago School–why does anybody still listen to it?I have frequently written here about the problems of “freshwater” economics–the school personified by Milt Friedman and the extremist “free market” ideology that views government as the enemy, the “markets” as always right, and any public role in economic development as “socialism”. As I’ve […]
by Linda Beale Banking Matters–Bing’s Views The Bing Blog is one of those well-written something about everything we’ve all thought about blogs that everybody should read at least every once in a while. So let me suggest a proper post for your introduction, if you haven’t looked there before. It’s a list of suggestions for […]
(Rdan here…as we develop thought on economic issues facing us today, a nod to excellent writing in the past is important. Newcomers need to know past wisdom exists, and readers of five years ago can use this wisdom again as we visit today’s trends in the knowledge of predictions 2003-2005. I also have been reviewing […]
by cactus A NonReview of Yves Smith’s Econned, Plus Some Questions About Selling Books I’ve been swamped – a lot of work at work, deadlines for my book (more on that below), and family issues to contend with so for the past few weeks I’ve been cooped up with zero downtime. Friday I managed to […]
by Tom aka Rusty Rustbelt RANDOM ECONOMIC OBSERVATIONS WHILE TRAVELING THE RUSTBELT Even while on vacation the CPA/consultant side of my brain is engaged sometimes (although my grandchildren engaged the Super Mario and Spongebob Squarepants side of my brain). * small businesses are closing at an alarming rate* cities thought recession-proof (e.g. Columbus Ohio) are […]
Calculated Risk Steve Waldman Dean Baker
This is a guest contribution by Marshall Auerback, Braintruster at the New Deal 2.0 at Newsneconomics By Marshall Auerback My colleague, Rebecca Wilder, recently concluded a “Tale of Two Recoveries: Malaysia vs Germany“ which brought back memories of my own time in the Far East and some of the advisory work I did for the […]