LOUISIANA SUING MOVEON FOR TRADEMARK INFRINGEMENT: In a move that has nothing, absolutely nothing to do with the fact that the liberal group’s billboard and TV ad criticize Gov. Bobby Jindal’s decision to turn down the expansion of Medicaid, leaving tens of thousands of Louisianans without health insurance, the state says its lawsuit is […]

by Joseph Joyce  (is a Professor of Economics at Wellesley College and the Faculty Director of the Madeleine Korbel Albright Institute for Global Affairs) Too Much of a Good Thing? Global banks do not have much to cheer about these days. Earnings are falling, and the banks are responding by cutting jobs. The Federal Deposit Insurance Corporation has […]

It’s always the same map. Here from Brad Delong is the map of the percentage who were slave by county in 1861 here is the corresponding area of a map of intergenerational relative income mobility by county from R Chetty 2014 (warning pdf) update: link updated thanks to Amanda. thanks

I’m a little late on this, but I would be remiss if I did not mention the recent death of Terry Coppage, aka BartCop. Bart died March 5th at the age of 60, from complications of the flu, pneumonia, and leukemia. Bart was one of the pioneers of the liberal blogosphere, starting out in February […]

by J Tzimiskes (who is currently juggling a job in the private sector while studying for a Wayne State MBA, getting a blog post or two in when he can. Previously, he worked for New York State and  holds a Masters in Political Science from University at Albany and a biology degree from University of Toronto.  He […]

Dean Baker at the Center for Economic and Policy Research offers a smackdown of Abby Huntsman’s warnings to millenials on MSNBC. For today I want to highlite several points. Dean Baker offers essentially Dale’s Northwest Plan as a way to deal with any problems of funding. Center for Economic Policy and Research lifted from an […]

Boonstra is the ex-wife of Mark Boonstra, the former Washtenaw County GOP chairman whom Gov. Rick Snyder appointed to the Michigan Court of Appeals in 2012. Julie Boonstra said she’s never been a political person beyond advocating for lower-cost oral chemotherapy treatment in Washington. [My boldface.] — Dexter cancer patient who called health care ‘unaffordable’ […]

I sense that we are witnessing a special moment in economics with Paul Krugman’s article today, Notes on Piketty. He is exploring the new work by Thomas Piketty, Capital in the 21st century. He focuses on the difference between r, the rate of return on assets, and g, the overall rate of economic growth. When […]

A lot of people think that all they have to pay is $95 in 2014 to get around the PPACA. The $95 penalty is true if you make < $19,650 in Household  income and this comes after your deduction of $10,150. The individual shared responsibility payment is capped at the cost of the national average […]

I remember a couple of years ago, when I was a constant commentator on Mark Thoma’s blog, I said that low wages and rising inequality were damaging the economy. Finding that comment is like finding a needle in a haystack. But Mark Thoma criticized the remark saying that inequality was necessary in the economy. Others […]