As one person I read consistently would say upon discovery of something quite obvious; “Quelle Surprise.” I was told if I saw a prisoner, a parolee, or an Ex with a tattoo of the number “13-1/2” on their arm, it meant 1 judge, 12 jurors, and 1/2 of a chance. 1/2 of a chance to […]
US life expectancy flat for third year Life expectancy in the United States has stalled for three straight years, the government announced Wednesday. A child born last year can expect to make it to 78 years and 9 1/2 months — the same prediction made for the previous two years. In most of the years […]
This is Conservative Legal Movement Week at the Supreme Court. (Okay, even more so than most weeks.) Things really get going tomorrow, when the court will hear argument in two legislative-redistricting cases at the behest of (surprise!) Conservative Legal Movement voters represented by Conservative Legal Movement lawyers whose names on a petition for review (a […]
Facebook founder and his wife have decided to give away 99% of their fortune. That is $ 45 billion. Now, I know many will heap praise upon them for their generosity. Same deal when the Gates and Buffet did their give away announcement. But, I’m not so keen on this. I know, how heartless of me. […]
An alterative title might be my usual comment reminding Krugman’s readers of the history of “hysterisis”. Krugman wrote a very clear even better than usual post summarizing how his views on macroeconomics have changed since 2008. It is best to click the link, but the one sentence summary is that he wasn’t surprised by the […]
Hillary Clinton’s performance wasn’t as clean or as crisp as her last one. Among other things, she invoked 9/11 in order to dodge a question about her campaign donors. But she effectively made the case that, though Sanders speaks about important questions, his solutions are ultimately simplistic and hers are better. Instead of railing about […]
Oscar Landerretche is an awesome economist from Chile. Below is an excerpt of his participation in a video forum with Brad DeLong on the Politics of Inequality in 2012. Since then he has become the President of the Board of Directors for Codelco, the largest copper producer in Chile. He is currently dealing with the […]
by Joseph Joyce Growth in the Emerging Market Economies In recent decades the global economy has been transformed by the rise of the emerging market economies. Their growth lifted millions out of poverty and gave their governments the right to call for a larger voice in discussions of international economic governance. Therefore it is of […]
For Profit Goes on Probation The University of Phoenix has been placed on probation by the Department of Defense preventing the university from recruiting on military bases. The probation comes after the Federal Trade Commission and the California Attorney General’s investigation into the University of Phoenix recruiting methods, its high costs, and the resulting poor […]
I’ve pointed out multiple times that despite Europe’s big, supposedly growth-strangling governments, Europe and the U.S. have grown at the same rate over the last 45 years. Here’s the latest data from the OECD, through 2014 (click for larger): And here’s the spreadsheet. Have your way with it. More discussion and explanation in a previous […]