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

Bleg of the Day, or Noted for the Record

So I ran DataFerret in Batch mode. (I’m using other data and thought I would be nice. Never again, apparently.) Got the popup that said, “We’re gonna do it, dude. You can pick it up later at URL.” And the URL was (1) complicated and (2) not copyable from the popup. Haven’t gotten an e-mail […]

Hogging/Jimmy Webb Post

Ken Houghton distracts us from the important things with an examination of monopoly power, asymmetric information, and perpetuating a bad business deal. By the time Gary Bettman got to Phoenix, his lawyer was lying to the court: “There are three things that it takes to be an owner of an NHL franchise. One, you’ve got […]

Amanda Explains It All to You

Or at least why the best case for BarryO and Co. is that I’m just not going to bother to vote for the next several years: Apparently, the American swing voter tends to think, “If I’m going to get screwed over, I want it to be by someone who is aggressive as possible about it.” […]

Time Series Analysis

From what I can tell, this is an accurate sequence: 6 August 2001: Presidential Daily Briefing (PDB) given to GWB entitled “bin Ladin Determined to Strike in US.” 11 September 2001: On the 36th Anniversary of Augusto Pinochet’s US-President-ordered, CIA-supported, Coup in Chile, Bin Laden’s forces, weel, strike in the US. ca. 26 October 2004: […]

$295 Million Would Buy A Lot of T-Shirts

Ken Houghton notes that the first thing anyone learns from Pietra Rivoli’s The Travels of a T-Shirt in the Global Economy: An Economist Examines the Markets, Power, and Politics of World Trade is how pernicious the U.S. subsidy of its cotton industry is.* Now the WTO has discovered the obvious: American goods will face [$294.7] […]

Mark Cuban Makes the Key Point

Ken Houghton remembers that Warren Buffett famously groused that he pays a lower percentage of his income in taxes than his secretary. Or the person who will come up with an actual cure for a cancer. Mark Cuban takes this one step further, pointing out the obvious: if we want to promote investment, “we should […]

A/l/a/n/ C/a/r/u/b/a/ Milt Shook Explains It All

Ken Houghton notes the obvious corollary to Bruce Webb’s post on the 1st: if you don’t “read the bill,” the obstructionists will lie about it. UPDATE: And now corrects his misreading (see Bruce’s update below, following on Mitt Shook’s comment). Milt Shook demonstrates in detail that, even if you do, people such as Alan Caruba […]

I’m Not Here

Nor is Cate Blachett playing me. (Nor, unfortunately, am I using this as an opportunity to post a picture of Ms. Blanchett in an attempt to troll for links. You want that, go to John Carney.) Taxes are always fun, and there’s a few other things going on. But, really, let me quote the Internet’s […]

Dear John

If you needed a picture of a Megan M., you could have used this one: I’m probably not the only one who wonders why you chose a Megan F. instead. (h/t Susan of Texas. Photo credit to superficialgallery.com)