Update appended. ___ Last week, dozens of Republican volunteers packed Mr. Gardner’s campaign offices in the college towns of Boulder and Fort Collins to get a handshake or selfie with the amped-up candidate. Spotting a boy in a Denver Broncos football jersey, Mr. Gardner whipped out his cellphone and showed him a photo of John […]

The opponents of Obama-care just will not give up. Just because all of their claims of disaster over the last few years have been proven wrong they continue to repeat every claims that they think does not make them look foolish. The latest example is John R. Graham of the Independent Institute who claims that […]

This article was originally published in the Columbia FDI Perspectives series of the Columbia Center for Sustainable Investment, #131, September 29. I have left it largely unchanged, except for adding a link and a comment, and correcting a grammatical error.   As I discussed in an earlier Perspective,[1] the use of investment incentives is pervasive […]

They’re spending it on lawyers! I’m not kidding.  Brown told a 27-year-old Fidelity Investments retirement specialist that big corporations can’t afford to hire people because they’re spending so much money on lawyers.  Which they have to do because of all those regulations.  Which is why he wants to “loosen regulations on big companies”: “So they […]

Work hard. Save your money. Spend less than you earn. That’s how you become wealthy, right? That’s not totally wrong, but if you think that’s the whole story — or even a large part of the story — you may be surprised by this graph: (Note: these are not realized capital gains, which really only matter for tax […]

by Sandwichman (at Econospeak) “Cake without Flour” — Duncan Foley on the Dilemmas of Economic Growth The following excerpt is from Duncan Foley’s outgoing Presidential Address to the Eastern Economics Association, “Dilemmas of Economic Growth,” presented March 9, 2012 (Reprinted by permission from Macmillan Publishers Ltd: Eastern Economic Journal (2012) 38, 283–295 published by Palgrave […]

by Joseph Joyce Volatility in the Emerging Markets Volatility has returned to the financial markets. Stock prices in the U.S. have fallen from their September highs, and the return on 10-year Treasury bonds briefly fell below 2%.  Financial markets in emerging markets have been particularly hard hit,. The Institute for International Finance estimates that $9 […]

Two major Kentucky newspapers have endorsed Alison Lundergan Grimes for Senate over incumbent Senate Minority Leader Mitch McConnell (R). The Courier-Journal and the Lexington Herald-Leader both ran editorials Sunday in support of the Democrat, who currently serves as Kentucky’s Secretary of State. In its endorsement, the Courier-Journal’s editorial board praised Grimes’ stance on issues like the minimum wage […]

Paul Krugman writes about QE and easy money as being beneficial for the bulk of Americans. But he gives reasons that could justify using easy money all the time, even in healthy business cycles. He says… “The bottom three-quarters of the wealth distribution basically has no investment income.” This fact applies all the time in […]

David writes a short and ‘meant to encourage discussion’on retail level water use and campaigns to ‘save’ water. In short, the question/answer involves taking a look at what the whole cycle is for your watershed, which many of us are only vaguely aware. The comments that follow at Aguanomics are helpful in considering responses. by […]