With the release of the Fed’s Open Market Committee Meeting minutes from 2008, it has been confirmed that the Fed was too concerned about inflation, and, to quote Marcus Nunes, “worse, the headline kind” leading into the 2008 crash. The Market Monatarists cite this as evidence that the Fed was responsible for turning a potentially […]
This piece in the New York Times caught my attention <a href=” http://www.nytimes.com/2014/03/06/world/europe/us-seeks-to-reduce-ukraines-reliance-on-russia-for-natural-gas.html?nl=todaysheadlines&emc=edit_th_20140306″>US seeks to reduce Ukraine’s reliance on Russia for natural gas</a>. It is a puff piece, but points to current conversation. From my reading it seems we would be shipping LNG to Germany and Europe? There is only one facility able to do that […]
Two more contributors to the revenue/tax cut conversation are Angry Bear’s jazzbumpa and New Economic Perspective‘s L. Randall Wray: Another look at Spending and Revenues JazzBumpa | January 31, 2013 9:00 pm This is more or less relevant to Beverly’s post from earlier today. How many times have you heard Boehner, McConnell, Ryan or one of […]
Sometimes comments at Angry Bear and other sites get to resemble an exchange of slogans, statements of faith on particular macro economic policies using tax cuts and government spending as political stimulus rather than economic, and proof of validity premised on how forceful one is. At one time or another we all fall into that […]
Inescapable truths via The Economist points to the National Academies of Science and the Royal Society’s position on climate change: Feb 27th 2014, 15:12 by O.M. THE National Academies of Science (NAS) and the Royal Society—the elite scientific fellowships of America and Britain, respectively, respectively— released today a rather handy “Frequently Asked Questions” resource on climate change (http://royalsociety.org/policy/projects/climate-evidencecauses/). […]
In post-initial-ad interviews with fact checkers and with her hometown newspaper, [Boonstra] claimed that the problem was the uncertainty now of not knowing month-to-month what her out-of-pocket expenses will be, whereas she had always reached the low monthly out-of-pocket expenses, and budgeted for that amount monthly. In other words, her entire complaint is that she […]
Ezra Klein offers a view of academic, journalists, and bloggers: Why aren’t journalists better at taking advantage of academic expertise? … The relationship between academics and journalists should be a happy symbiosis. The two sides are perfectly designed, in strengths and weaknesses, to support each other. Yet journalists, such as Kristof, are often frustrated by […]
Hmm. Leukemia patient Julie Boonstra and Americans for Prosperity are up with a new ad in Michigan, Boonstra’s home state. This time, she thinks people are too stupid to wonder why a healthcare plan that costs her less annually than her cancelled plan for identical care “doesn’t work for [her].” And too stupid to wonder […]