As he retires from being a Senator; he has made many noises about being opposed to many things Trump has done as President. Except that is all it was, no action and just noise. “In an announcement that many saw coming, Senator Jeff Flake, of Arizona, announced on Friday that he would retire from humanity, […]
Housing: comprehensive review of August reports – by New Deal democratI pay particular attention to housing because it is ian important long leading indicator for the economy. And more and more evidence is accumulating — although it is not universal — that housing may have passed its peak in this cycle. Last year housing was resued […]
The *rate* of new jobless claims, at all-time lows, forecasts even lower unemployment I thought I’d start out with something I haven’t looked at in awhile: initial jobless claims as a share of the population and as a leading indicator for the unemployment rate. This economic expansion has featured two contrary extremes in the labor […]
The US-Mexico Trade Deal Dies Nobody is calling it that, but the low key story on the back pages of Wednessday’s major papers report that this is what has happened, not to my surprise. September 29 (or maybe the 30th at a stretch) is the deadline for President Trump to submit to the Congress the […]
A Weak Defense of Citizen United: Ownership v. Control Many thanks to Peter Dorman for highlighting Citizens United As Bad Corporate Law. I guess we had to endure this comment, which is a really weak rebuttal: Corporate shareholders are most definitely owners; they alone have the authority to sell their shares or the company’s assets. Their rights are […]
A Few Thoughts on “Sorry to Bother You” I saw this film several weeks ago and have been meaning to say a few things about it. Herewith: 1. This is an exceptionally intelligent movie by American standards. It maintains a high level of wit and observation from beginning to end, and little zingers flash by […]
Citizens United, Thoroughly Debunked I admit I haven’t paid too much attention to debates over Citizens United, since I regard the direction taken by regulation, control over who may contribute to political campaigns and how much they can put up, to be misguided. I would like to see comprehensive control over how much money can […]
Is the Ecological Salvation of the Human Species at Hand? In “De-growth vs a Green New Deal,” Robert Pollin relies on the same blurring of distinctions that Robert Solow employed 46 years earlier in his condemnation of The Limits to Growth as “bad science.” Nicholaus Georgescu-Roegen pointed out Solow’s obfuscation in the article that inspired the term […]
by Brad Delong (originally published at Grasping at Reality with at least Theree Hands) BRETT KAVANAUGH: A MULTIPLE TRAIN WRECK IN MANY DIMENSIONS: MONDAY SMACKDOWN I confess that I have been procrastinating on various things. Why? Because I have been unable to tear my eyes away from the multiple train crash that is the confirmation […]