Rdan The National Children’s Study will examine the effects of environmental influences on the health and development of 100,000 children across the United States, following them from before birth until age 21. The goal of the Study is to improve the health and well-being of children. Watch this video and learn more about the Study. […]
by cactus A Few Questions About Taxes In the past few years, if you pointed out that the Bush tax cuts went primarily to those with high incomes, the response from the right was essentially this: a. those with highest income got the biggest tax cut because they pay the most in taxesb. the high […]
(hat tip Ken) Financial Times reports: In the aftermath of the US Treasury’s decision to seize control of Fannie Mae and Freddie Mac, critics have hit at lax oversight of the mortgage companies. The dominant theme has been that Congress let the two government-sponsored enterprises morph into a creature that eventually threatened the US financial […]
Robert Waldmann I have a very low opinion of economic theory. I think that its survival is the result of a bait and switch where the core principles (roughtly Nash equilibrium) can’t be proven false, because they have no implications, and, given the fact that they have not been proven false, economists attempt to convince […]
NYT lede, 10:57 p.m., 2 October: Gov. Sarah Palin displayed more confidence and fluency than she did in recent interviews as Senator Joseph R. Biden Jr. attacked her running mate. Nothing soft about that bigotry. (Dissenting view: Brad DeLong) Who knew that Gwen Ifill could be an easier interviewer than Katie Couric or Charlie Gibson. […]
Ken Houghton I’ve been trying not to talk in these terms, but I’m sick, and Walter Jon links to an article in the Chronicle of Higher Education that puts it out in the open, so let us compare: The problems had emerged around 1870, starting in Europe. In the Austro-Hungarian Empire, formed in 1867, in […]
I posted this in comments at Lance’s place, but figure to run it up the flag here as well. Speaking as one who supported Monday’s bill and generally opposes today’s, here’s the high-level list of reasons: It wasn’t going to authorize the whole $700B, but about$250B, with renewal (or scrapping) to follow. (That Henry Paulson […]
I have a cold, or perhaps a touch of the flu, so posting will be light for the next few days. Especially if this is true, which somewhat means the election is over and I can go back to looking at data and hoping the House fails to pass the Christmas Card list bill. But […]
The Washington Post reports: In 18 months of searching, Justice Department Inspector General Glenn A. Fine and Office of Professional Responsibility chief H. Marshall Jarrett have uncovered new e-mail messages hinting at heightened involvement of White House lawyers and political aides in the firings of nine federal prosecutors two years ago…
lifted from comments by run75441 Anyone looking at the CDS and the “naked” CDS portion of the Derivative Market? It was said that AIG had $400 billion CDS outstanding, which is why the Fed determined they could not let it go under. It was also said speculators led to AIG’s inability to raise capital in […]