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

About That 47% Figure…

Back in October of 2011, I blogged a bit and Tweeted Chrystia Freeland’s interview with Jeff Immelt. (Thank you again, Felix.) What I didn’t mention, apparently,* is that one of the questions from the floor was a, er, gentleman who declared in No Uncertain Terms precisely what Willard Romney said at that sexcapade on Lon […]

Outsourcing, Education, and Thinking about the Future

I was hopeful that some of our better-known companions would be smart enough to ignore the attempt by McMegan (University of Pennsylvania, Bachelor’s in English Literature, mid-1990s) to argue, in a magazine that aspires to be People, that going to college—and most especially getting a degree in the Liberal Arts—is not cost-effective. We can forgive […]

Electoral Prediction That Won’t Come True

I can’t top last year’s post, so I’m just going to embed a (now-dead) fictional character talking about the death of another fictional-but-loosely-based character. Obama Just Forgot the “Times Square” part. The previous Administration Just Forgot.

The Economics of Debt and Equity. with Football

It’s no secret I am a bad economist:  I don’t believe rent control is a bad thing, I consider most of the job-matching models to be ludicrous when someone tries to use them to claim unemployment compensation extends people’s period of unemployment, and I really, really, really don’t believe the equity premium is anything but […]

Merchants and Thieves Hungry for Power

Well, this is a politics and economics blog, so I need some rationalization for celebrating Sixteen years, sixteen banners united… (I sadly note for the record that, unlike Brad DeLong, I did not try to avoid finding a Dylan version of a Dylan song—there just wasn’t one on YouTube.)

The Enemy of My Enemy is Not My Friend, or John Roberts Plays the Long Game

It was only last week when liberal pundits were more alert.  Well, some of them weren’t—after all, we’re talking about people identified as “liberal” by those who consider Ross Douthat and David Brooks to be mainstream. What some of them knew about Arizona, all of them appear to have forgotten about PPACA. The Supreme Court […]

In God We Rust, All Others Pay Non-Voting Stock

We’re catching up on some DVR viewing. Tonight’s episode was Lewis Black’s In God We Rust, which was released on St. Patrick’s Day but taped back when people could still believe Michelle Bachmann was a contender for the 2012 Republican nomination. It was filmed not earlier—and probably not later—than 7 May 2011. Why do I […]

Looking Back: The Seven Top IPOs of 2010

I’m not usually one to defend Facebook. Yes, I “use” it—it has more of my high school classmates as members than Classmates does—but it’s getting increasingly difficult to block Games from feeds, the adverts are cluttered, and the view doesn’t seem to optimise based on the screen I use. In short, it’s not trying too […]