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

petitio eleuchi … were they smarter in 1932 than now?

rdan Noni Mausa in comments reminds us: (We forget)….how essential it is to understand sound and unsound arguments. Arguments are one tool of winning or losing in the struggle against your opponent and his definition of reality — a definition which will effect your life and improve his (or else why would he bother?) If […]

Bush’s economic report released

rdan Economistmom points to the Bush administration’s final economic report, remarking how lackluster it is and how scarce in quantitative data even concerning the overriding flagship notion of ‘tax cuts as driver of the economy’ meme. Bush Economic report 2009. Works now. Clinton Economic report 2001 Ok, go for it. Update: The links worked this […]

rdan Please double check your user id on js-kit carefully until you know what to check automatically. Sometimes it is the cookie which is deleted. Too many anonymouses makes for confusion…do not feel embarrassed by popping in your name in reply…we all understand. Anonymous will eventually be considered impolite. This note will be deleted in […]

Martin Wolf and Richard Felson touch on trade deficit topic

rdan Bloggingstocks points to well known mainstream economists coming around to an Angry Bear point of view: Up ahead: two bigger tasks What’s more, Wolf sees two additional tasks (structural changes) that are just as important to the goal of U.S. economic recovery — but that may be even harder to implement: removing toxic assets […]

Robert Waldmann: Economic Theory as a Subbranch of Mathematics

rdan Brad Delong lifted Robert’s comments to a post, and then I lifted the post to here. I find I have a similar problem with other Angry Bears and their comments elsewhere. (humorous sigh) Robert Waldmann: Economic Theory as a Subbranch of Mathematics Robert Waldmann winds up and asks a question: Hoisted from Comments: Grasping […]

Real Keynesians understand imbalanced trade

rdan Trade and Taxes has a post I recommend reading…this is lifted wholesale as a compliment to Howard’s passion and thought on the issue of trade policy and our woes…we might differ on some of the details, but read carefully: Real Keynesians understand imbalanced trade by Howard Richman The United States is being run by […]

Retirement is not a game…The Choice

by reader coberly THE CHOICE The reason for offering this post is that it has become very fashionable among Serious People to propose that raising the retirement age is the “obvious” solution to the “Social Security Crisis.” In a recent exchange I accused an otherwise intelligent and decent person of cruelty by stupidity for proposing […]