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

US and Pakistan have divergent goals?

The Christian Science Monitor reports: NEW DELHI – Tuesday at the United Nations President George Bush and his Pakistani counterpart, Asif Ali Zardari, reaffirmed the alliance of two nations that, in some respects, are fighting two different wars under the single banner of the war on terror. The United States has recently stepped up missile […]

Arctic sea ice notice

A simple analysis of Arctic sea ice can be found here. A cooler early season provided a cushion for a warmer late season temperature pattern, resulting in more first year ice retention than in 2007. Different wind patterns made for a larger dispersal area than last year.

Apparently, Public Financing has been Very Good to John McCain

UPDATE II: An e-mail from Rick Davis clarifies the plans for the last moments of the campaign: On Monday, we will have a 14 state rally with our candidates crisscrossing the country trying to turn out our voters and sway the final undecided voters. Governor Palin will hit Ohio, Missouri, Iowa, Colorado, Nevada and Alaska […]

Behavioral Economics and Conservatism

David Brooks has noticed the increasing popularity of behavioral economics. He argues that it would be a mistake to allow the recognition that people aren’t perfectly rational to convince us that policy makers should intervene more in the economy, since they aren’t rational either. My reaction is that, of course, the level of sophistication required […]

PGL writes

PGL at Econospeak has a note on Holtz-Eakin’s interpretation of Q3 BEA statement. James Hamilton has a graph and thoughts. CR points to another thought on Q3 from the San Francisco FED Dr. Janet Yellen here.

Halloween Economics

Halloween’s Voodoo Economics (Business Week) Americans will spend 50% more in 2006 than they did last year on Halloween jack-o-lanterns, spooky costumes, and ghoulish decorations. From haunted houses to horror flicks and tales of headless horsemen, Halloween is a day when the fearful becomes fun. But maybe scarier than any demonic costume are the record […]

Story for George Bush, Hank Paulson, and Ben Bernanke

by cactus Story for George Bush, Hank Paulson, and Ben Bernanke My wife and I are renters – we figured we never could justify paying the crazy prices we saw people charging for houses. But now the bubble burst, and we figured – OK, now’s our time. So there’s this house my wife likes. A […]

It’s All My Fault

From a rabid Obama supporter in North Carolina: Don’t let this happen to you. My Fellow Americans, my ballot is cast. Make certain that, by the end of voting November 4th, yours is too.

TV serials as an indicator of inflation

by: Divorced one like Bush Just a little point of order regarding how bad this economy is. Lost in Space 120 episodes, 33.2 per seasonBatman (on twice weekly) 120 episodes, 53.33 per seasonThe Virginian, 249 episodes, 27.67 per seasonThe Beverly Hillbillies, 274 episodes, 30 per seasonGilligan’s Island, 98 episodes, 32.67 per season New season started […]