There is a lot going on with SCOTUS this year. The death of Chevron diverts decision making from agencies which have an expertise in particular situations to the courts who lack the technical expertise. So now we have Thomas looking back in his crystal ball to see what they were doing in the 18th Century. […]
If you want to make the big bux as a physician, you need to do procedures (e.g., endoscopies, colonoscopies, surgery). Among the most poorly compensated branches of medicine are pediatrics and geriatrics. And yet: “Pediatricians attend the same medical schools as those who enter other specialties, and education is expensive. Almost half of those who […]
– by New Deal democrat As usual, the month starts out with important data on manufacturing and construction. There was bad news and good news. The bad news is that both were negative. The relatively good news is that they were so slightly negative as to be essentially flat. First, the ISM report on manufacturing […]
Struggling to sort out your feelings about the president? So am I. by Paul Waldman The Cross Section The purpose of this piece is not to convince you that Joe Biden should drop out of the race. In fact, I wrote it because I’m not sure if he should, and I think there are millions […]
One of my favs for legal stuff. Supreme Court rulings on guns, abortion, Constitution: How originalism ate the law. (slate.com) by Dahlia Lithwick SLATE America is being led astray by a small handful of folks who are drunk-driving on originalism—and not in a funny Marx Brothers, spin-around-in-circles-and-all-fall-down sort of way. No, it’s in a children-murdered-in-their-classrooms, women-hemorrhaging-in-parking-lots, […]
AB was off the internet. Just about the time I called our hardware computer company, we came back up again.
I put this in line for posting maybe today (Monday), asked Joel to look at it and offer an opinion on it, and was wondering if it had any consequence. By that I mean, the term fascism, fascist, etc. is becoming a popular term in people’s commentary, and is not a scary label when applied […]
Book proposal: Marx’s Fetters and the Realm of Freedom: a remedial reading — part 2.8 by Tom Walker Econospeak In “The Trinity Formula,” in chapter 48 of volume 3 of Capital, Marx returned to the contradiction between the forces and relations of production. This time, however, it was not to deplore or analyze the fetters but […]
Short answer: Lending, government deficits, capital formation, and holding gains by Steve Roth Originally Published at Wealth Economics I ended my last post with an apparent conundrum: “One person’s spending is another person’s income.” It seems to imply that spending and income must be equal. And since saving equals income minus spending, saving must be…zero? That’s obviously […]
Elena Kagan Is Horrified by What the Supreme Court Just Did. You Should Be Too. by Mark Stern SLATE Jurisprudence This is part of Opinionpalooza, Slate’s coverage of the major decisions from the Supreme Court this June. Alongside Amicus, we kicked things off this year by explaining How Originalism Ate the Law. The Supreme Court fundamentally altered the […]