Stiglitz on globalization: the MNE’s bought the law by Linda Beale Trans Pacific Partnership bad for the middle class, but how bad? by Kenneth Thomas Latest World Trade Organization lunacy by Dan Crawford Trans Pacific Partnership: A new Constitution by Dan Becker Letter from an angry reader by Stormy
Paul Krugman asked today… “Are we getting close enough to “full employment” that it’s time to let up on the gas? How much slack is there in the economy, really?” By letting up on the gas, he is referring to tapering by the Federal Reserve. Tapering would signal tightening as he ends his post with […]
by Robert Waldmann “If non-bureaucratic mechanisms like markets or decentralized experimentation could achieve the same or better results at less cost and without the political taint of Big Government, why not try it?* “ Might have been an interesting question in 1993, although it starts with an “If” clause which assumes the new Democrats are […]
Moody’s economist Marisa DiNatali discusses the idea of part timers and current times: Though some businesses are claiming that they are hiring more part-time workers to avoid the Affordable Care Act’s employer responsibility requirements, which apply to companies with more than 50 full-time employees, that incentive is limited and research from Moody’s economist Marisa DiNatale […]
by Robert Waldmann On Ed Kilgore’s thoughts on Peter Beinart. He wrote: he mentions both the Washington Monthly and the New Republic (which he used to edit) as onetime journalistic bulwarks of the soon-to-be discarded Clintonism (and Obamism) that have now “moved left,” I would point out to him the not-exactly-distant-past March/April issue of WaMo […]
What does economic growth mean for Americans by Uwe E. Reihnhart Suppose we placed a carefully selected sample of men on a hot stove and another sample of men on dry ice. Could we reasonably conclude that, on average, they were comfortable? As a nation we worship a deity called economic growth… The rich get richer […]
In this brief post, Krugman clearly restates his clear (and plausible) view that rule of thumb ad hoc paleo Keyensians had a lot to learn from Milton Friedman. He mentions the Phillips curve. I think I detect a hint of Forder in this sentence “We can argue how many economists really believed in a stable […]
“Gov. John Kasich’s administration will limit food stamps for more than 130,000 adults in all but a few economically depressed areas starting Jan. 1. To qualify for benefits, able-bodied adults without children will be required to spend at least 20 hours a week working, training for a job, volunteering or performing a similar type of […]
Union leaders note that under the law, workers whose family income is less than four times the poverty line will qualify for subsidies in the form of tax credits to obtain health insurance in the exchanges, with insurance sold by for-profit, nonprofit and cooperative companies. The union leaders say they want similar treatment — for […]