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

“The messenger wore a skirt,” says Marna Tucker, “Could Alan Greenspan take that?”*

by run75411 Re-posted from New Agenda April 2009, Bill reminds us of some of the history leading up to today: Editor’s note: We are pleased to present this guest post by Bill H, who’s known around the internet as run75441, and who can usually be found writing in his area of expertise: finance. Recently, Stanford Magazine […]

The Stockman’s Big Swinging Whip

by reader Matthew McCosker I can credit two sources that have shaped my thinking on both economics, politics (I am quite apolitical these days), and finance. One is the Angry Bear blog, and the second is Warren Mosler.On the bus this morning, I was glued to a post at Warren Mosler’s blog, where he responds […]

#RoryCooperLogic: Rory Cooper (whoever HE is) announced on Twitter that he and his wife have decided to pay off their mortgage and pay their own or their kids’ entire college debt, NOW!*

I have no idea who Rory Cooper is.  But in light of Matthew Yglesias’s quoting of three Twitter comments by Cooper today, I can sort of guess: Rory Cooper @rorycooper You don’t want to reduce the debt just for the sake of reducing the debt. #WhiteHouseLogic Rory Cooper @rorycooper You don’t want to balance your […]

The Tax Free Tour; a look at the offshore tax haven system

We’ve all talked and read about the idea and practice of offshore accounting to reduce taxation. Here is an article produced by a show called Backlight.  Backlight appears to be a news journal show in the idea of Frontline by a Dutch public broadcasting organization known as VPRO. This episode is titled: The Tax FreeTour.  […]

The Republican Senate Campaign Committee’s Surefire Way to Defeat Ed Markey

The National Republican Senate Committee put out a blast email today mocking Ed Markey as the next Al Gore—aka a politician whose opponents will lie about him in order to try to block him from claiming deserved credit for his legislative initiatives:* In case you missed it, Out of Touch Ed Markey — who has […]

Your inefficient grandmother was onto something

This is the third post of  a series of posts highlighting parts of the paper by David Zetland Wageningen UR – Environmental Economics and Natural Resources Group; PERC – Property and Environment Research Center Economists Owe Ecology an Apology March 9, 2013 Part 2 from the series Economists owe ecology an apology Part 3 below: […]

Demand for skills falling?

Re-posted from Economist’s View, Mark Thoma points to Arnold Kling ‘Is the Demand for Skill Falling?’ who points to this this NBER paper: Is the Demand for Skill Falling?, by Arnold Kling: Paul Beaudry, David A. Green, and Benjamin M. Sand have a paper with an intriguing abstract, which says in part, Many researchers have […]

Tuition remission…okay, now what?

Tuition is only $1747 a year.  But then comes the other part…austerity budgets and as state support dwindles, one aspect is that creative cost shifting flourishes.  The tripling of student debt since 2004 are discussed here. And graduation rates remain flat. From the chart provided at Umass Amherst bursar’s office per semester costs are shown, excluding room and […]

Big Business believes in taxpayer subsidies, not "free markets"

by Linda Beale Big Business believes in taxpayer subsidies, not “free markets” David Cay Johnston, former NY Times reporter and now Syracuse professor, writes about the thing that most journalists don’t bother to (or are told not to) write about–the way that Big Business successfully lobbies legislators and regulatory agencies to write the rules to […]