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

In Which I Say Something Nice about Lawrence Summers

Ken Houghton Via Brad DeLong, we find Sheryl Sandberg trying to rehabilitate Lawrence Summers’s professional reputation with respect to women. She opens with: Larry has been a true advocate for women throughout his career. In 1992, as Chief Economist of the World Bank, Larry argued in front of the world’s Finance Ministers that the highest […]

Coffee, Tea, or You?

I assume everyone heard about Starbucks offering a free cup of what they call coffee to anyone who went in on Tuesday and said they voted. Via a young woman who would probably prefer I not name her, a store in NYC went one better. (And the offers were non-rival.)

The Real Difference with 2004

While there was a lot of blather about “values voters” swinging the 2004 Presidential election to the man who had none, the real story has always been that the HENRYs went for W’s policies. That changed in 2008: Guess who won Joe the Plumber’s vote…real people who make about $42,000 a year, the median income […]

Is David Leonhardt pretending Henry Paulson did his job?

Or does he know better? This year’s election coincided with an important moment in the financial crisis. The credit markets have stabilized in the last few weeks and even improved a bit. But the rest of the economy is deteriorating fairly rapidly. It’s now in danger of falling into a vicious spiral, in which spending […]

The BradAltman Effect?

Is gay the New Black? Note this partial list of companies who said No on 8: Most of the state’s highest-profile political leaders — including both U.S. senators and the mayors of San Francisco, San Diego and Los Angeles — along with the editorial pages of most major newspapers, opposed the measure. PG&E, Apple and […]

Obama Leads with 71.4% of the Vote

Obama 15, McCain 6. First Dem win there since Hubert Horatio Humphrey (and we all know how that turned out). Meanwhile, polling places in NY and NJ have lines out the door. Guess they must be “battleground” states. Update: Ooops. Lead already down to 66.7% of the vote (see link above). And Floyd Norris confirms […]