Robert Waldmann An earlier post on this topic seems to have been eaten by blogger (update it’s back). This post is roughly half roughly retyping. I have two proposals (last time I only had one). One is to give up on the ratings agencies. They were geese that laid golden eggs providing an immensely valuable […]
UPDATE: Tristero piles on the details that I assumed. And Bloix in comments there makes it clear that the diagram which has the Generals’s panties in twists is relatively straightforward compared to a car’s electrical system (as anyone who has used Erwin or Visio or even Powerpoint to build data flow diagrams can tell you). […]
Robert Waldmann Douthat is worried about the Republican information cocoon. He thinks that conservatives should not rely so much on Fox News and should be open to media which they consider unfriendly (such as his employer the New York Times). He argues that Republicans achieved more back before FoxIn the age Before Fox News, on […]
by David Zetlandreposted from Aguanomics (Rdan here… I have not posted David’s material in awhile, nor actually much on economics of water in more than a year. We don’t always agree on the economics of water, but we do agree on its importance and value. My first postings on water economics were a result of […]
by cactus A Look at Recessions Part 1: By the President’s Political Party I am going to have a few posts on recessions over the next few weeks. This one is short – I’m trying to get another batch of copy edits out to my publisher. In this post, I’m focusing on the period from […]
by Bruce Webb I have had occasion before to mention the “Leninist Strategy” for Social Security put forth in 1983 and followed by Social Security ‘reformers’ ever since. The strategy has three main pillars: One: reassure current retirees that their benefits won’t be cutTwo: convince younger workers that left unreformed Social Security just won’t be […]
Yesterday I attended the 6th Annual Goldman Sachs Emerging Markets conference in New York. My takeaway from the conference overall was that the risk-on sentiment that is driving massive inflows into EM funds is still very much present. Going forward, the conference participants generally see emerging markets as “different” from those ten years ago, and […]
Morning AB link: Marshall Auerback on BNN: (click on picture for video link; it takes a bit to load)
by Bruce Webb This may be too wonkish for the Virtual Summit, so let me try it out here. A lot of crosstalk on Social Security ‘crisis’ is a result of three different definitions of ‘crisis’ which I would sum up as follows: Crisis one: Social Security promised benefits which may not be payable.Crisis two: […]
by Bruce Webb I mention from time to time that I talk with a number of D.C. policy types about Social Security, but mostly don’t use names because the conversations are officially off the record. Well a group of them, spearheaded by Roger Hickey’s folks at Campaign for America’s Future, have gone on the record […]