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

Dear Omar al-Ubaydli:

Yes, Omar, I would be delighted to elaborate. Thank you for asking. The point I am trying to make was stated by John Stuart Mill in On Liberty, “He who knows only his own side of the case, knows little of that.” The truth of that maxim is illustrated by the claim, in your counterpoint to […]

As Common as Ditchwater

I would like to draw the readers’ attention to an item I posted yesterday and say a few words about the significance of the discovery mentioned in it. The mock “theory of the Lump of Labour” was invented in 1891 by David Frederick Schloss in an article titled “Why Working-Men Dislike Piece Work.” The Oxford […]

It Takes a Triangulator to Think This Is a Good Idea

Here’s a video from the Clinton campaign full of Republicans criticizing Trump for his attacks on the judge in his fraud case. — Greg Sargent, Washington Post, this evening Why, of course it’s a good idea, in a campaign that should be based largely on the likelihood that if elected, Trump would serve as Paul […]

Pain for Profit

from The Stage Coach, or the Road of Life (1843) by John Mills, Chapter XI “The Mudlark” The night was very bright; a sharp frosty air whistled from the east, and the moon and the stars sparkled like frozen sleet in the sun. After the governor had scraped off the worst part of the slush, […]

Top 100 Blogs

In the Category of General Blogs or blogs which focus on a variety of topics. These blogs regularly present on a variety of topics and are a great way to start understanding economics or even to keep up with current economic events. – Marginal Revolution – The Big Picture – Calculated Risk – Naked Capitalism […]

How likely is it that Donald Trump, if elected, would serve more than a few months of his term? How likely is it that he will even continue as the nominee much beyond the convention?

My opinion is that Trump is suffering from what I call “Attention-Seeking Deficit Disorder.” He doesn’t want to serve. He doesn’t want to be president; he wants the attention that accompanies the campaign. And now, I think he’s rather afraid that he might win. [Laughs] I don’t think he knows what he’s going to do […]