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

How prefunding retiree health benefits impacts the Postal Service’s bottom line – and how Brookings got it wrong . . .

The author Steve Hutkins is a literature professor who teaches “place studies” at the Gallatin School of New York University. He has no affiliation with the U.S. Postal Service—he doesn’t work for it, nor does anyone in his family. Save The Post Office (his website) provides information about the post office closings and consolidations that […]

How Probability Is Perceived . . .

I ran across this explanation of Probability as seen by different professions at Sam Wang’s Princeton Consortium and tracked it down to Ben Orin’s Math with Bad Drawings blog. A little about Ben and his blog as told by himself: “This blog is about the things I like. It’s also about the things I can’t […]

The REALLY ANNOYING Don’t-Wanna-Subsidize-Wealthy-Kids’-College-Tuition Canard [With fun update!]

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 […]

Gas All Boomers" Or At Least Tax And Cut Their Benefits More Says WaPo

by Barkley Rosser    “Gas All Boomers” Or At Least Tax And Cut Their Benefits More Says WaPo No, nobody in today’s Washington Post Outlook section devoted to the boomers said that first line, although it has become a commonplace on such sites as Economics Job Market Rumors where anonymous and frustrated millennials very frequently and […]

Do Voters Who Want ‘Change’ Really Care More About the Age of the Candidate Than About the Age of the Candidate’s Ideas? REALLY?

The Marco Rubio debate moment that worries Democrats: When Marco Rubio cast the election as a ‘generational choice,’ he took a page out of the Obama playbook to portray himself as the candidate of future. It could work. — Title and subtitle of an article in today’s Christian Science Monitor, by Linda Feldman (via Yahoo Politics) […]

Forecasting the 2016 election economy: in which I respond to Nate Silver

-by New Deal democrat Forecasting the 2016 election economy: in which I respond to Nate Silver As you all know, I have been writing a series about “Forecasting the 2016 election economy.” In general, good economic conditions at election time usually mean the return of the incumbent party to the White House, while a recession […]

Forecasting the Presidential election: simply knowing whether the economy is expanding or in recession gives you the correct answer more than 2/3 of the time (Part 1)

by New Deal democrat Forecasting the Presidential election: simply knowing whether the economy is expanding or in recession gives you the correct answer more than 2/3 of the time If you want a quick and dirty guide to whether an incumbent political party will retain control of the White House in a Presidential election, simply […]

For Profit College, Student Loan Default, and the Economic Impact of Student Loans

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 […]

Are You a Liberal or a Conservative? Are You Sure?

(Dan here….perhaps food for thought on a Sunday) ​Scott Baker is a professor at the Henry George School, the State Coordinator of the NY Chapter of The Public Banking Institute,  and the author is America Is Not Broke! Are You a Liberal or a Conservative? Are You Sure? Quick, without looking at the answers – or at […]