by Linda Beale I’m attending the American Association of Law Schools conference in New Orleans, where cold winds are blowing but revelry of Mardi Gras has already begun. This morning Jeff Gordon presented his views on what it will take to deal with the systemic risk to the banking system to avoid crises like the […]
by Rebecca Wilder The Customs Administration announced record trade flows in and out of China in December. Specifically, exports grew at a 17.7% annual pace, while imports surged 55.9% over the year. This is a remarkable one-month rebound; reported export growth beat consensus expectations by a factor of 3.5 (+ 5% export growth and + […]
by cactus Last week I found out I was turned down for a life insurance policy. Some background – I’m 40, I don’t drink, smoke or take any drugs or pharmaceuticals, am neither overweight nor underweight according to any table you might look at, and I exercise vigorously an hour a day, rain or shine. […]
by divorced one like BushUPDATED: Jim Watt Remember him? If you did not see it, go watch this weeks Bill Moyers Journal. Part 2 is here. From the second part we get all we need to know about where we’re going regarding government for, of and by the people and how little regard there is […]
This article is roughly 24 hours late, but I do have additional points to the headline numbers. From the BLS: Nonfarm payroll employment edged down (-85,000) in December, and the unemployment rate was unchanged at 10.0 percent, the U.S. Bureau of Labor Statistics reported today. Employment fell in construction, manufacturing, and wholesale trade, while temporary […]
by Bruce Webb In my view you can boil Supply Side down to a simple aphorism: “If you tax something, people will use less of it”. And all things being equal and depending on how you define ‘something’ this seems economically and psychologically plausible, higher prices drive down demand. Unfortunately in the real world all […]
Bruce Bartlett’s December 15, 2009 piece, Inequality: A Problem?, states Bartlett’s agreement with Dalton Conley that “the left should stop worrying so much about inequality per se–its costs are overstated, as well as the benefits of greater equality. Instead …liberals should concentrate more on helping the poor and less on beating upthe rich.” Now, before […]
I’m certain that everyone is waiting with bated breath to see if my five-part “NOT totally clueless” series is completed in five parts or if it gets extended again, but a couple of personal events have intervened, so I’ll be away for a few days. Enjoy the other performers, and don’t forget to tip your […]
Atrios mentions one of the problems discussing trade and industrial policy by the federal governmentThe First Rule Of Industrial Policy at Eschaton. Herbert: “This is a society in deep, deep trouble and the fixes currently in the works are in no way adequate to the enormous challenges we’re facing. For example, an end to the […]