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

Check your privilege again, Mr. Fortgang, and prove that you really did get into Princeton as a merit admittee. [Format-corrected repost.]

It is a familiar phrase on college campuses, often meant to serve as conversational kryptonite, the final word in an argument to which there is no response. “Check your privilege.” But Tal Fortgang, a Princeton freshman from Westchester County, had a response. – At Princeton, Privilege Is: (a) Commonplace, (b) Misunderstood or (c) Frowned Upon, […]

Krugman: If you don’t like the mandate, why not support single payer?

Bill Gardner at The Incidental Economist offers a rather decorous, mild reply to the people making [the argument that guaranteed health insurance is an assault on America’s freedom]. I’d put it more forcefully: the pre-ACA system drastically restricted many people’s freedom, because given the extreme dysfunctionality of the individual insurance market, they didn’t dare leave […]

Thom Tillis vs. Sam Walton and Ray Kroc

From an interview of North Carolina Republican Senate Candidate Thom Tillis by NBC’s Chuck Todd today: Todd: Do you think [the minimum wage] should be raised in North Carolina? Tillis: I think that’s a decision that the legislature needs to make with businesses. Todd: Well, you’re the speaker. Would you make that decision? Tillis: Right now what […]

Dealing with drought — three ways to fail

David Zetland at Aguanomics writes a note on California’s drought and policies on water use and distribution…price is key. Dealing with drought — three ways to fail BB sent this summary of UC Davis’s “Living with Drought” conference (I got my PhD there), and this bit got my attention: Everyone seemed to agree that solutions […]

Americans Raid 401(k)s

Angry Bear has carried posts on this issue over the years. 1. 2008 and draining the 401k pool of money, 2. Draining 401ks, 3. 401k and Social Security, 4.. Kenneth Thomas and retirements money (Links), 5. A 1000/mo pension equals 300,000 in savings among others. Yves Smith at Naked Capitalism  makes an impassioned statement. (Re-posted with permission) Americans Raid 401(k)s, Replacing […]

Statistics and schools

Diane Ravitch in the NYT comments on the politician use of statistics to promote an educational policy and  program.  Of course there are several private figures promoting charter schools and pilot programs as well, and a well funded lobby for such.  I usually start with assuming it is a pitch…but not all records are public […]

A final comment on Scalia’s dissent in EPA v. EMA Homer City Generation

I haven’t read Scalia’s dissents–either one of them–in EPA v. EMA Homer City Generation, and don’t plan to. Nor did I plan to post more than I already have about it. But Kenneth Jost has read it, and at his blog Jost on Justice points out another line in the first of the two: In dissent, Scalia saw the EPA as making up the […]

George Will Comes Out for Single-Payer Healthcare Insurance! Again! (This time, though, it’s the Constitution’s ‘origination’ clause that made him do it.)

Updated below. —- If the president wants to witness a refutation of his assertion that the survival of the Affordable Care Act is assured, come Thursday he should stroll the 13 blocks from his office to the nation’s second-most important court, the D.C. Circuit Court of Appeals. There he can hear an argument involving yet […]

Yes, Scalia Messed Up. But He Was Right. Sort of. (Although not about his claim that in 2001 the EPA was masquerading as a trucking association and arguing both sides of a lawsuit.)

(Important update below.) —- Well, I’m sure y’all have heard by now about Scalia’s hilarious confusion of the EPA with the American Trucking Association, even if you didn’t read this post of mine about.  The two cases at issue are Whitman v. American Trucking Associations., from 2001, and EPA v. EMA Homer City Generation, the case […]

America’s First Fracking Trial

Re-posted from Naked Capitalism (with permission from the author) comes a well written piece on an important court case concerning damages to health and property from fracking operations in Texas (hat tip Run75441): Texas Family Awarded $3 Million in America’s First Fracking Trial by Lambert Strether of Corrente $3 Million? More like this, please. Here’s some […]