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

“Flat Earthers”

President Trump has proposed budget cuts to programs and the departments running them. Amongst those departments impacted by Trump’s proposals is the Department of Education and it’s Office of Civil Rights. “ The DOE Department of Civil Rights function is to investigate discrimination complaints in school districts across the nation and create standards for responding […]

Boring Comment on Kabaservice

Lifted from Robert’s Stochastic Thoughts: Boring Comment on Kabaservice Have I come up with a title less attractive than “Worthwhile Canadian Initiative” ? I certainly don’t expect anyone to read this post. Also I advixe against reading it — it is a waste of time. I am commenting on this NYT op-ed “The Great Performance […]

Class Resentment and the Center-Left, or the Politics of “We Are the 80%”

by Peter Dorman (originally published at Econospeak) Class Resentment and the Center-Left, or the Politics of “We Are the 80%” I’ve just read the suitably downbeat piece by Thomas Edsall about the travails of the Democratic Party in today’s New York Times.  Edsall, citing a recent symposium of political strategists in The American Prospect and […]

The London Bridge Attack

reader alert: I am going to quote and discuss Trump tweets “Do you notice we are not having a gun debate right now? That’s because they used knives and a truck!” My immediate reaction was to tweet this this is why we should have a gun debate right now. The fact that 3 terrorists killed […]

The Cost of Climate Change: It’s Not About Psychology

by Peter Dorman   (originally published at Econospeak) The Cost of Climate Change: It’s Not About Psychology You know there are problems with economics when things that are perfectly reasonable in the context of economic theory are clearly absurd once you step out of it.  Case in point: the claim in today’s New York Times […]

Ted Cruz failed to properly disclose Goldman Sachs loans: FEC

Via Salon, another Goldman Sachs story: Ted Cruz failed to properly disclose Goldman Sachs loans: FEC This has not been a good week for Republican Sen. Ted Cruz of Texas. First he is the butt of a cutting joke by Democratic Sen. Al Franken of Minnesota (who told “USA Today” that “I like Ted Cruz […]

Fighting Zombies with Zombies

Fighting Zombies with Zombies Larry Mishel and Josh Bivens enlist zombie government policy ponies in their battle against “the zombie robot argument“: Technological change and automation absolutely can, and have, displaced particular workers in particular economic sectors. But technology and automation also create dynamics (for example, falling relative prices of goods and services produced with […]

A thought for Sunday: no, Trump approval *still* isn’t imploding. BUT …

A thought for Sunday: no, Trump approval *still* isn’t imploding. BUT … Democrats continue to delude themselves about Presidential approval polls — with one very big possible exception. In the first place, can we all agree that Trump has had a particularly nasty last several weeks? Including firing Comey, blabbing secrets to the Russian ambassador, […]

Of Memorial Day and Confederate statues

Of Memorial Day and Confederate statues Memorial Day is a particularly fitting time to write about the issue of Confederate monuments. That’s because Memorial Day originated as a day set aside to honor the Civil War dead, not just those who fought for the Union, but those on both sides, including those who died in […]