Talking Points Memo has a video where John McCain not only wants private accounts, but calls Social Security “an absolute disgrace” and “will not be there for the next generation”. Boomers are sponging off the next generation. I will look for a transcript…this is not in his plan. If this is the way he plans […]
Naked Capitalism has an important link on new Fed regulations.
by reader Movie Guy (Updated and polished) “WORLD ENTERING A DANGER ZONE”, according to World Bank Global Food Crisis Bottom line: Food CrisisWorld Bank Rising Food Prices Threaten Poverty ReductionApril 9, 2008, World Bank Volatility in Agricultural Commodities – An UpdateMay 2008, World Bank Rising Food Prices in East Asia: Challenges and Policy OptionsMilan Brahmbhatt […]
From me, at least, goes to Hilzoy and the off-my-reading-list-for-politics Obsidian Wings: while I’d ordinarily assume that economists signing on to “John McCain’s plan” were signing on to the actual document he had released, the fact that those 300 names were released within hours made me wonder whether all of them had had a chance […]
I encountered the writings of Robert Klitgaard twice. I read “Tropical Gangsters” an excellent book on his experience working for The World Bank in Ecuatorial Guinea which is not to be confused with the epymenus epyminus (oh hell I’ll never guess the spelling of that word ) CD by King Creole and the Coconuts. Years […]
by ilsm The latest report, a continuing subject for GAO, observes that “A Knowledge Based Funding Approach COULD Improve Weapon System Acquisition Outcomes”. See for the whole set of observations. From an economic, as well as a cost accounting, perspective how could anyone spend anyone else’s money without rudimentary knowledge of WHAT they could get […]
by coberly I was listening to radio for smart people the other day when they did a piece about the effect of high gas prices on the price of gas guzzling cars. They followed the owner of a very high-end SUV as he drove into the used car lot and asked how much he could […]
I don’t like talking about stocks. I believe the market is rigged, that the allocations do not favor the investor who is not also a senior executive of the company and/or a member of the Board of Directors, and that reported profits and losses on a quarterly basis is a lousy way to run a […]
Obama ready to cave in to insurance industry AKA ‘Her Way’; Obama Health Plan Could Go In Clinton’s DirectionTeddy Davis, John Santucci and Gregory Wallace ABC News 06.29.2008 Obama’s surrogate [Dr. Kavita Patel] made her comments Wednesday while representing him at a National Journal health-policy forum moderated by Ron Brownstein, the political director of Atlantic […]
Tyler Cowen takes a premise of Arnold Kling’s: My guess is that most of the younger (aged 30-34) highly-educated folks are children of two highly-educated parents. My guess is that many of the older (aged 55-59) highly-educated folks are children of a college-educated father but not a college-educated mother. I don’t think we have a […]