by Peter Dorman (originally published at Econospeak) Class Resentment and the Center-Left, or the Politics of “We Are the 80%” I’ve just read the suitably downbeat piece by Thomas Edsall about the travails of the Democratic Party in today’s New York Times. Edsall, citing a recent symposium of political strategists in The American Prospect and […]
The Intelligent Economist lists Angry Bear among the top 100 economics sites in the US.
No, record job openings in JOLTS do not mean that everything is Teh Awesome! Once again most of the commentary on yesterday’s JOLTS report for April was that job openings jumped, so everything is Teh Awesome! < Sigh > To recap one more time… In the one and only complete business cycle that we have […]
Lifted from Robert’s Stochastic Thoughts: My Sources Tell me that in the Closed Session Comey Said he has proof Trump is a Russian agent and a Lizard person COTTON: “Do you believe Donald Trump colluded with Russia?” COMEY: “It’s a question I don’t think I should answer in open session.” Sen Cotton has a degree […]
Trump Blows Up The Gulf Cooperation Council (GCC) Well, maybe it has blown itself up, but Trump’s supposedly triumphant visit to Saudi Arabia looks to have exacerbated underlying tensions within the six-member Gulf Cooperation Council (GCC), whose members include Saudi Arabia (KSA), Kuwait,Qatar, Bahrain, the United Arab Emirates (UAE), and Oman. This was the part […]
A Day in the Life of the jobs market, May 2017 Fifty years ago, when I was a little teenybopper, his album came out and blew me away: Why bore you with this ancient Boomer reminiscence? Because the unemployment rate has only been lower than last month’s 4.3% in only six of the last 50 […]
Peter Dorman calls attention to a NYT Upshot column by Neil Irwin about the cost of climate change. For Irwin, the question can be framed as a matter of discounting, “A dollar today is worth more than a dollar tomorrow and a lot more than a dollar in 100 years. But what discount rate you […]
reader alert: I am going to quote and discuss Trump tweets “Do you notice we are not having a gun debate right now? That’s because they used knives and a truck!” My immediate reaction was to tweet this this is why we should have a gun debate right now. The fact that 3 terrorists killed […]