As with William Shakespeare, born and died on the same calendar day.

Not the same one, but had the same effect on Toronto, ON, that this one did on Deadwood, SD Saint Joseph, MO. ETA: Yes, I conflated Billy the Kid and Jesse James. Here’s an extra video in apology:

Tim Taylor (via Mark Thoma) reads part of President Obama’s Proposed Budget and finds this gem: The share of electricity generation from renewable sources was 19.7% of the total in 1960, fell to 9.4% by 2000, and had risen to 13.2% of the total in 2014. I assume that means almost 1/5 of the U.S. […]

Looking at the past six months, Sears was outperforming Wal-Mart until mid-December. (Graphic via CNN)

Even if his inspiration for doing so comes from (of all places) the HuffPo, This is spot-on: Unless something big and constructive in the way of global economic policy is done soon, we will have to change Stiglitz’s first name to ‘Cassandra’ — the Trojan prophet-princess who was always wise and always correct, yet cursed […]

I’m still not here,* but do want to note the official confirmation that One of the Good Ones

This has produced another edition of “Simple Answers to Simple Questions.” Just to expand this a bit, and to deal with the 1987 absurdity, the proximate cause of the 1989 adjustment—an adjustment of less than 10% in the Dow that only took two full calendar months to return to its level at close on 12 […]

From, naturally, Robert Waldmann, chez DeLong, pointing out that the Emperor not only has no clothes, but has been deliberately strutting his lack of stuff since the late 1970s: Oh another thing — [the problem with economic modeling] isn’t [limited to] new classical macroeconomics. The same criticisms apply to new Keynesian DSGE models. Adding totally […]

Brad DeLong catches Tim Berners Lee Timothy B. Lee [h/t Bob in comments] being, to be nice, disingenuous: …The idea was that [HP and Compaq] would be able to do the things they already did more effectively if they joined forces. Management consultants who examined the merger for HP found that (as Fiorina loved to […]

Brad DeLong Friday morning: I cannot help but note strong divergence between the near-consensus views of Fed Chair Janet [Yellen]’s and Fed Vice-Chair Stan [Fischer]’s still-academic colleagues and students that tightening now is grossly premature, financial markets’ agreement with the hippies as evidenced by the ten-year breakeven, commercial-banker and wingnut demands for immediate tightening, the […]