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

Pattern of misconduct

rdan Army Times reports this on the ongoing dilemma of how we treat servicemen from the ME conflicts: In October, a medical evaluation board physician at Bragg recommended that Boyle go through the military disability retirement process for chronic post-traumatic stress disorder — which is supposed to automatically earn him at least a 50 percent […]

A Question About Gaza

by cactus A Question About Gaza I’m trying to understand the situation in Gaza. I understand that Israel manages to exert some control over Gaza’s borders and airspace. Israel has also tried to choke off the flow of weapons into Gaza and this embargo is being blamed for much of the hardship that residents of […]

In Memoriam for Old Vet

written by cactus and Emily Trader One of the advantages of participating in a blog community is to read the variety of voices that also participate. This blog not only has a stable of writers (which has changed over the years), but it also has a number of regulars who leave comments (or send e-mail […]

Japan Watch

rdan I apologize for just the link, but this note on Japan is worth a look on production and deflation figures.

Geithner, Summers, and guiding principles…next week

rdan The Washington Post reports a set of guiding principles for the rescue is in the works: Geithner has been working night and day on the eighth floor of the transition team office in downtown Washington with Lawrence H. Summers and other senior economic advisers to hash out a new approach that would expand the […]

Fixing Monopolistic Utilities

from Aguanomics Fixing Monopolistic Utilities [This is an important post. Please read the bit after my comment and please do respond/critique in the comments.] Angrybear has a post on the TVA fuckup (a retaining wall collapsed, letting loose a huge flood of flyash — the stuff left after burning coal — that buried houses, killed […]

A Look at What the Next President’s Chief Economic Advisor Wrote About Tax Policy

by cactus A Look at What the Next President’s Chief Economic Advisor Wrote About Tax Policy Since Christina Romer is gonna be Obama’s Chair of the Council of Economic Advisors, its worth revisiting her work. Now, I’m not an academic, so I don’t read all that many papers. But I remember reading the March 2007 […]