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

The Unreasonableness Of The Policy Defense Of Trump

The Unreasonableness Of The Policy Defense Of Trump In today’s (12/27/19) Washington Post, regular Trump defender, Mark A. Thiessen published a column, “The 10 best things Trump did in 2019”  This turns out to be mostly things either not worth defending or Thiessen, who simply never criticizes Trump, misrepresenting situations.  Here they are. 10. “He […]

Two Can’t Miss Sessions in San Diego Next Week

Two Can’t Miss Sessions in San Diego Next Week Well, I can’t miss them because I’m in them.  You can, but why would you? Climate Crisis Mitigation: Implementing a Green New Deal and More Union for Radical Political Economics: Paper Session Friday, Jan. 3, 10:15am–12:15pm Manchester Grand Hyatt San Diego – La Jolla B “Financial Bailout Spending […]

Anand Giridharadas in a Dutch interview: Their Parliament’s Finance Committee called him

I found this interesting.  Mr. Giridharadas was invited to discuss his perspective regarding his themes of his book Winners take all.  He was invited by the Dutch Parliament’s Finance Committee to discuss his book.  All 6 parties showed up.  All had been given the book prior and several had read it.   This is a […]

Happy [insert name of preferred religious holiday here]! 3 quick hits

Happy [insert name of preferred religious holiday here]! 3 quick hits I’ll be traveling and enjoying the holiday for a few days, so … light to non-existent posting! In the meantime, three quick hits for you: 1. New home sales – continued strength in this very forward looking sector. Even though sales declined m/m, the […]

Does Menzie Chinn Or Tyler Cowen Replace Mark Thoma?

Does Menzie Chinn Or Tyler Cowen Replace Mark Thoma? The retirement of Mark Thoma, whose Economist’s View has been praised on his retirement with having transformed the econoblogosphere back in the mid- noughties by linking regularly, daily in his heyday, to other blogs, including this one. Thanks to him when the big crash happened, there […]

Weekly Indicators for December 16 – 20 at Seeking Alpha

 by New Deal democrat Weekly Indicators for December 16 – 20 at Seeking Alpha My Weekly Indicators post is Up at Seeking Alpha. Are we just having a slowdown, or actually slipping into contraction? The short leading indicators would like to have a word. As usual, clicking over and reading should bring you up to the […]

The consumer vs. producer divergence widens at year end

The consumer vs. producer divergence widens at year end My economic theme for about the past half year has been the contrast between the floundering producer sector vs. the decent consumer sector. With two of the last important reports of the year out this morning, that divergence has been highlighted. First, the good news: real […]

The field was rigid and closed until Mark Thoma’s Economist’s View opened the debate to all comers

Noah Smith’s The End of Econ Blogging’s Golden Age, Bloomberg Opinion. December 17, 2019. “If someone asked you to name the greatest economics blogger of all time, you might name Paul Krugman, or my Bloomberg Opinion colleague Tyler Cowen. But there’s a third name that deserves to be on that short list: Mark Thoma, an […]

The Art of Conservative Persuasion, Don Boudreaux Edition:

Being an economist can be frustrating.  Most people do not understand how markets work, and economists spend a good deal of time arguing against bad policy ideas that appeal to non-economists, and for good ideas that do not appeal to common-sense.  This can sometimes feel like pushing rocks uphill.  Plus it can lead people to […]

Review: Secondhand

by David Zetland (originally published at One-handed Economist) Review: Secondhand I read this 2019 book at record speed due to its breezy (“magazine”) tone and discussion of one of my favorite passions: reusing old stuff. A few years ago Adam Minter wrote Junkyard Planet about the trash trade, but many readers told him about how they reused stuff rather than about their […]