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

Kaiser Health News on lead and baby foods

From Kaiser Health News points to other general sources of lead than paint and water: The Environmental Defense Fund, in an analysis of 11 years of federal data, found detectable levels of lead in 20 percent of 2,164 baby food samples. The toxic metal was most commonly found in fruit juices such as grape and apple, […]

PBS and school privatization

Via Naked Capitalism comes Brett Robertson’s Why Is PBS Airing Right-Wing-Sponsored School Privatization Propaganda? (Media Matters).  I like Wait Wait Don’t Tell Me and sometimes Car Talk while driving to places, if they happen to be on. Otherwise I tend to avoid listening to Marketplace and the news segments. This has been true for me for a […]

The Hidden Cost of Privatization

The Hidden Cost of Privatization by Nina Shapiro at Institute for New Economic Thinking  is an excellent read. This conception of government, of course, is not new. “Small government” has been a hallmark of the Republican Party for decades, and the privatization of government properties and services has been increasing worldwide since the 1980s. In the […]

Is Trump’s Apprenticeship Program Like His Infrastructure Program?

Is Trump’s Apprenticeship Program Like His Infrastructure Program? It looks like it might be in a crucial way.  Both involve lots of rhetoric about expanding programs that many support, apprenticeships and infrastructure.  However, on looking at them closer to the extent we can see anything specific aside from the rhetoric, it looks like they involve […]

Trump says AHCA is “Mean”

Lifted from Robert’s Stochastic Thoughts Trump says AHCA is “Mean” One source said Trump called the House bill “mean, mean, mean” and said, “We need to be more generous, more kind.” The other source said Trump used a vulgar phrase to describe the House bill and told the senators, “We need to be more generous.” AP […]

Kansas Republicans abandon Brownback; raise taxes over his veto

Kansas Republicans abandon Brownback; raise taxes over his veto Remember Kansas’s great tax-cutting experiment under Governor Sam Brownback? (Me, sarcastic?) As always in Arthur Laffer and Stephen Moore La-La Land, cutting taxes leads to economic nirvana. Except when it doesn’t, and it didn’t in Kansas. I recently wrote about the idiocy of Investor Business Daily‘s […]

A Personal Observation On Trump’s “Infrastructure Week”

A Personal Observation On Trump’s “Infrastructure Week” Yes, folks, you may have already forgotten it, but this has officially been Trump’s “Infrastructure Week,” highlighted by his proposal to privatize air traffic control in the US, and his trip to Cincinnati where he in general terms talked about the supposed virtues of privatizing highways, bridges, and […]

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 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 […]