I am trying to think of issues on which there is a marked difference between the views typical of economists and those of non-economists. It is certainly true that non-economists (especially social scientists other than economists) think there are typical economists’ views. These views are held by a solid majority of professors at the University […]
Today, Martin O’Malley, the former Maryland governor who has been talking about challenging Clinton from the left, was repeatedly asked by reporters to comment on Clinton’s emails, and he repeatedly refused. Not because he doesn’t think there are legitimate questions here, but because his advisers say raising them might reflect badly on him: “His advisers say there’s […]
by New Deal democrat Inflation in the 21st century: Oil, not wage growth or unemployment, is the issue This post follows up on my last piece, in which I argued that there are historically non-existent wage or inflationary pressures in the economy, so the notion that the Fed should raise short term rates now to […]
The President of the Federal Reserve Bank of San Francisco, John Williams, gave a presentation on March 5th about the outlook for monetary policy. He basically is easing our understanding towards accepting the rationale for normalizing (raising) nominal interest rates. I personally am in agreement with what he says and how he says it. He […]
by New Deal democrat Dear Federal Reserve: *Now* is the time to raise interest rates? RLY?? SRSLY?!? I am at a complete loss as to why the Federal Reserve might think that now is the moment to begin raising interest rates. I cannot see a scintilla of hard evidence in support, and potent evidence against. […]
I tend to stay away from I-P (Israeli-Palestinian) issues for a lot of reasons. First and foremost because it doesn’t pay, for example I got temporally banned (Bo-Jo’d) from Daily Kos for just stepping on that turf. And mostly life is too short and there are plenty of other targets. And if that is true […]
REAL-Americans’ culture. Sorry. But this is the crowd that claims moral superiority, isn’t it?
The chief justice said almost nothing. — Supreme Court Appears Sharply Split in Case on Health Law, Adam Liptak, New York Times Okay, so how well did my predictions from three days ago hold up at the argument yesterday* in King v. Burwell? Well, I got the outcome right, but not the particulars of how it will […]