Uber wonk Matt O’Brien writes about The “weird way people talk about zero interest rates” He discusses Gillian Tett discussing her conversations with those who O’Brien calls the “the masters of the universe.” They don’t like the Fed’s extremly low interest rate policy. They can’t claim that loose monetary policy has causes excessive inflation, so […]
Continuing my efforts to demonstrate that a little knowledge of the law is a dangerous thing (and adding a superfluous Wald to the name of the AngryBear competent to discuss this) I wonder how and why Senators decided that the President must seek their advice and consent before performing any foreign policy (including for all […]
In many ways, [Clinton] did a good job at her press conference on Tuesday. The part of her speech talking about her daughter’s wedding and her mother’s funeral arrangements being off limits, that certainly resonated. She absolutely was right when she said, “No one wants their personal e-mails made public.” — Hillary Clinton Is Turning […]
The 47 senators who wrote their absurd ignorant improper and (almost) unprecedented letter in an attempt to undermine Nuclear negotiations between Iran and the (5)+1 are not traitors. The Constitution defines treason “Treason against the United States, shall consist only in levying War against them, or in adhering to their Enemies, giving them Aid and […]
I am trying to think of issues on which there is a marked difference between the views typical of economists and those of non-economists. It is certainly true that non-economists (especially social scientists other than economists) think there are typical economists’ views. These views are held by a solid majority of professors at the University […]
Today, Martin O’Malley, the former Maryland governor who has been talking about challenging Clinton from the left, was repeatedly asked by reporters to comment on Clinton’s emails, and he repeatedly refused. Not because he doesn’t think there are legitimate questions here, but because his advisers say raising them might reflect badly on him: “His advisers say there’s […]
The chief justice said almost nothing. — Supreme Court Appears Sharply Split in Case on Health Law, Adam Liptak, New York Times Okay, so how well did my predictions from three days ago hold up at the argument yesterday* in King v. Burwell? Well, I got the outcome right, but not the particulars of how it will […]
Maggie Mahar has been featured at Angry Bear Blog and has written for Angry Bear Blog from time to time. This article has been taken from her blog, Health Beat. Obamacare’s critics continue to argue that the Affordable Care Act (ACA) will self-destruct. Now, some claim the mandate that uninsured Americans must purchase coverage– or […]
James Carville was certainly right: “It’s the economy, stupid.” And under Democrats (compared to Republicans), the economy kicks ass: This is GDP growth, but that kick-assness is blatant in any economic measure you look at, from job growth to stock-market returns to household income to government deficits. And it’s true over any lengthy period (say, 30+ years) […]
Former Missouri Sen. John Danforth sharply criticized the state’s current political discourse during his eulogy for state auditor and Republican gubernatorial candidate Tom Schweich on Tuesday. “Words do hurt. Words can kill. That has been proven right here in our home state,” the Republican told an audience packed with the state’s top political figures, including Democratic Gov. […]