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

California, watersheds, and using water

At Angry Bear and other sites a common proposal in comments is to bring increasing amounts of water from other watersheds into the area or desalination. It often stays at an abstract and macro level, or as a pitch for conservation at the urban/suburban level for low water volume devices to use at home. Surely […]

Turns out that farm subsidies aren’t the only federal program Joni Ernst won’t vote to kill if she wins that Senate race. There’s one more federal program she wants to keep.

Ernst likes FEMA and wants to keep it!  So does her father.  This even though some blue states benefit from it sometimes, too! Go figure. She won’t even squawk about appropriations for it.  Then again, she’s a turkey, not a chicken.  So she might cluck.   —- APPENDED: From the Comments thread here: EMichael / October 8, 2014 10:55 […]

Krugman Paints an incomplete Picture

I was reading today Paul Krugman’s article, Why Weren’t Alarm Bells Ringing? He is painting a picture of how the crisis formed and secular stagnation followed. It seems that he is trying to paint a complete picture so that anyone could understand the crisis completely just from reading his post. However, he is missing an […]

USPS and more

Via Daily Kos comes this reminder of a local issue reflecting national politics: One year and two months after the idea was first floated, legislation to rezone Berkeley’s Historic Civic Center, including the US Post Office property at 2000 Allston Way, became law last night. Why is this of interest to anyone outside of Berkeley? […]

Pavlina Tcherneva rightly says it is better to support labor income in a recovery rather than the financial sector.

The title of this post describes the main message of Pavlina Tcherneva’s research. This video is a “must see”. If her message becomes part of the policy approach for the next recovery, we will see much better net social benefits for society after the next recession. (video link)

Unskewing Polls

I clicked on this story at Daily Kos to have a laugh about how unskewing isn’t just for conservatives any more and am very alarmed to find myself almost partly convinced. I confess that I have fallen into at least the near occasion of unskewing. Can We Really Trust YouGov? by Tyler Yeargain If you […]

Read Jeff Madrik

Note to self: read more Jeff Madrik (hey he wrote books which I haven’t read) but for now read his very interesting and stimulating Op-ed “Our Misplaced Faith in Free Trade” do click the link. After the jump, I will steal fair use the whole op-ed with my comments (is that called fisking ?) but […]

Amazon and Hachette: What’s Really at Issue?

I just sent the following to David Streitfeld, the main reporter covering this dispute for the New York Times. If any of my gentle readers has an answer, I’d love to hear it: Dear Mr. Streitfeld: What I have never found in any coverage (perhaps I’ve missed it?): What is the precise dispute between Amazon and […]