The whittlin’ demands an immense budget. Perspectives: Chart 3: FY 2008 outlays: Defense Discretionary 20.5%: Non Defense Discretionary 20.8% : Social Security Medicare/Medic Aid 20.1%: Other Mandatory 12.8%: Interest 7.9% Table that defense discretionary has grown faster than non defense discretionary and is a larger part of federal spending than in the former adminstrations. Table […]
Nieman watch dog carries a summary of some research. The quote here is a summary of conclusions we might use. Journalists should avoid presenting both sides of a story when one is false – and take into account how readers’ brains process the disagreements. The following four rules can guide their efforts. 1. State the […]
Here is an interesting water problem for coastal folk. Almost as interesting as who owns the land at low tide or high tide for beach properties.
by ilsm If the war machine were not for the jobs and the PAC’s it may be more useful than whittled beaks. New England politicians saved jobs, diverted funds from better uses, many outside the military industrial complex. The Navy will build a third Zumwalt class destroyer. The Navy does not need a destroyer which […]
Billy asked me as a point of interest to alert people to the show for Millenium age voters. He is pro McCain, but his partner on air Stephen is pro-Obama. It is intended to be educational but not neutral as in a classroom. I shall be watching sometimes to see how they do. (Bios on […]
by: Divorced one like Bushat the beach on vacation Ha! Gee the economics profession is ignoring labor. I wonder why. Could it be who we follow? It’s not like we don’t quote old Adam often. Free market and ghost hand ideas are mentioned all the time as we follow Milton: According to The Economist, Friedman […]
Michael Perelman at Econospeak and here has thoughts on the role of the worker in economic theory I found interesting. An August 8, 2008 search of 73 economics journals collected electronically in the JSTOR database revealed how marginal work, workers, and working conditions has become in economic literature. Of the articles published since January 2004, […]
(rdan here: I will put part of this post under the fold a little later in the day and delete this comment…I thought more would read it intact at first) by cactus This is a follow-up to a I wrote the other day, taking into account some very helpful suggestions from many helpful readers in […]
Since I’m cash-strapped for the next few years, I’m looking for ways (legally, semi-legal, other) to make money. Thank the L-rd for WaMu. Let’s see: HELOC is at Prime – 0.76%, currently 4.24%. So I can: Take $25,000 from HELOC. Invest in FDIC-insured WaMu CD for 12 months at 5.00%. Profit until the fourth 0.25% […]
Ladies and gentlemen, Tyler (“So Right It Hurts“) Cowen presents the following, er, argument: Excessive bank regulation is another danger. To be sure, the regulatory structure for financial institutions failed in the current crisis, and change is in order. But we shouldn’t reform in a way that will discourage bank lending and weaken the tie […]