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

The covid echo chamber is alive and well on the libertarian right

Don Boudreaux has reprinted a few paragraphs from a George Will column under the heading:  George Will explains that RFK, Jr., is what people get “when trust in government collapses.”  Here are the quoted paragraphs, my bold: Indifference to evidence, and an appetite for startling hypotheses, are well-known characteristics of cranks. Kennedy is a man-child […]

What is to be done?

Josh Marshall has a post up at TPM about the current assault on the federal government by unelected Elon Musk and his unelected and unappointed minions. While the Trump cult GOP currently holds the executive branch and slim majorities in Congress for the next two years, there are still things their opponents can do to […]

Distributive vs integrative bargaining and Trump

This is a seven year-old NPR interview with David Honig, an attorney and adjunct professor at Indiana University, where he teaches negotiations. While this discussion dates from the first Trump term, he’s obviously learned nothing about negotiation skills since then: “HONIG: It’s an interesting question. I reread “The Art Of The Deal” today in anticipation […]

Yglesias on Biden

Matt Yglesias has a critical piece up on Biden.  I am largely in agreement with Yglesias’ take, although I tend to see his failings as due to longstanding character traits, while Yglesias puts more emphasis on Biden’s age.  A couple of snippets (the whole thing is worth reading, but not sure if it is public): […]

Trump: Elon ate my homework

Truman famously had a desk sign reading “The buck stops here.” That was back when there were grown-ups in the White House. With Trump, the buck stops over there somewhere: “The news, linked above, that the resignations emails were Team Elon’s idea and didn’t have the okay of the White House comes from a Washington […]

The economics of Trump’s ego

“U.S. President Donald Trump’s military deportation flight to Guatemala on Monday likely cost at least $4,675 per migrant, according to data provided by U.S. and Guatemalan officials. “That is more than five times the $853 cost of a one-way first class ticket on American Airlines from El Paso, Texas, the departure point for the flight, […]

The Trump economic fantasy agenda

“Trump claims his policies will do just that, creating a new “golden age” that will lift most boats and more than make up for what people might lose in government largesse. Low taxes will trigger blowout growth; tariffs on imports will bring back millions of good-paying manufacturing jobs; unshackled workers aided by artificial intelligence will […]

Nevermind

“The Trump administration on Wednesday rescinded a memo from the Office of Management and Budget pausing federal assistance grants, according to reports from NBC News and The Washington Post. “The memo caused a political uproar and confusion among recipients of federal grants, and it had seemingly set the stage for a constitutional showdown.” I don’t […]

Chutzpah or mishegoss?

The Trump OMB announced yesterday a pause on government spending. “The memo required agencies to pause all spending, with a footnote exempting “assistance received directly by individuals.” HHS suspended states from drawing down Medicaid funds and tribal facilities from drawing down Indian Health Service Funds. Also suspended were grants that provide funds for Head Start, […]