I recently saw a rather alarming poster advertizing a blood drive The title is “donate blood and follow your artistic inclinations” which, given the image, I interpreted as “donate blood and faint, so that you are inclined head down just like the recently crucified Christ. You will be resurrected too (by some fluids not the […]
by New Deal democrat Real wages and spending: I don’t think consumers will roll over that easily This is the second part of a post about “hard data” and consumer spending. (Dan here…First part here) Yesterday I noted that self-reported consumer spending, as measured by Gallup, has been running 10% or better YoY since the […]
by Kenneth Thomas How wrong is IBD on California? Let us count the ways Investor’s Business Daily has a hit piece out on California, as you can tell from the headline, “Taxifornia does it again.” Here’s the first paragraph of the editorial*, to give you a good flavor of it: California’s far-left government has done […]
by Barkley Rosser Turkey And The Trend To Authoritarianism The big surprise in the Turkish referendum to make Turkey a presidential system was not that Erdogan’s side won, but that it was close enough that opponents are charging fraud based on ballots not being counted properly. It may in fact be that it really did […]
by New Deal democrat The Amazon.com effect: retailers say they’re not selling, but consumers report they are buying This was originally one post but I think it works better divided into two parts. One of the issues I keep reading about recently is the (alleged) divergence between “soft” and “hard” data. For example, consumer sentiment […]
by Joseph Joyce Crises and Coordination Policy coordination often receives the same type of response as St. Augustine gave chastity: “Lord, grant me chastity and continence, but not yet.” A new volume from the IMF, edited by Atish R. Ghosh and Mahvash S. Qureshi, includes the papers from a 2015 symposium devoted to this subject. […]
It was actually quite amusing to see an article in my provincial newspaper a while back where two sides were arguing about a reduction in the work week, and you could play bingo with the excuses the anti-side used. There wasn’t an original idea in the whole article, as the pro-side was almost apologizing and […]
A post from 2006 on immigration by Kash Mansori seems timely… The Simpsons on Immigration Kash | March 28, 2006 1:31 pm Simpsons aficionados among you already know that the Simpsons addressed the issue of immigration back in 1996, in the episode “Much Apu About Nothing”. Here’s a summary of the beginning of the episode, […]
by Sandwichman Noah Smith: “Why the 101 model doesn’t work for labor markets” At Noahpinion: A lot of people have trouble wrapping their heads around the idea that the basic “Econ 101” model – the undifferentiated, single-market supply-and-demand model – doesn’t work for labor markets. To some people involved in debates over labor policy, the […]
by Barkley Rosser (Barkley Rosser is now a contributor to Angry Bear) Italy And The Future Of The European Union Given that Trumpfreak may guarantee relatively pro-EU politicians winning in France and Germany in the near term (France less certain than Germany), many are now looking at Italian elections next year as the next […]