by Mike Kimel Alex Knapp asks his readers to suggest a campaign slogan for Newt Gingrich. He suggests: “Gingrich 2012: He will always love America. Unless it gets cancer.” I suggest this: “Cheating out of love for America” But speaking seriously – how strong of a contender do you think Newt is for the Republican […]
The only time I personally owned MSFT stock was just after Thomas Penfield Jackson’s second break-up ruling, when there might have been an upside. I sold it shortly after the Appeals Court nixed the only good idea—breakup—in favor of “let them pay a fine to be determined, and let them dawdle long enough that the […]
Via Alternet and the St. Petersberg Times: A foundation bankrolled by Libertarian businessman Charles G. Koch has pledged $1.5 million for positions in Florida State University’s economics department. In return, his representatives get to screen and sign off on any hires for a new program promoting “political economy and free enterprise.” The agreement is here. […]
by Beverly Mann Much Ado About Not Much The big legal news today was the first appellate-court oral argument, this afternoon, on the constitutionality of the Affordable Care Act. The argument—arguments, actually; two separate cases were argued separately—were to a three-judge panel of the Court of Appeals for the Fourth Circuit, the regional federal appeals […]
Anyone who has ever worked with data knows that making certain the information is “clean” is much more important than what you do with it. Brilliant analysis of inaccurate data may make heroes (Chamley, Prescott, etc.), but it doesn’t make sensible policy. Witness the release of “public” data from the state of Texas. Jeremy once […]
How did the German hyperinflation end ? I think the best but totally biased source of information is The Stabilization of the Mark by Hjalmar Horace Greeley Schacht (just look at the price !?! to understand how German’s felt). The book could be entitled “How I Did It” but the point is that he did […]
For Mother’s Day, as it were, xkcd presents The Lawrence H. Summers Memorial History of Math and Science. Buce at Underbelly does this, probably saving me the trouble of a post. (Consider this a SlothBear moment.) The problem I want Drek the Uninteresting—or anyone else who knows the research—to address: if we assume that mercury […]
by Mike Kimel Four Graphs Looking at Real Economic Growth This post contains four graphs looking at real economic growth, three of which also contain some tax information. The first graph shows the five year annualized growth in real GDP for every five year period beginning the one ending in 1934. (I begin then simply […]
Over the last couple of months, a string of events made policy makers and investors alike say, what? Greece must raise capital next year and meet a 7.5% deficit target this year? Yes, they do, unless circumstances change. It’s near impossible to bet successfully on what Euro area policy makers are going to do, so […]