Following up on my earlier post, about people swimming in a stream of economic change over which they have no control: As I often do, I was re-reading some old…

David Zetland at Aguanomics asks a very basic question about our perceptions of what constitutes management: Question of the week I’m thinking that “water manager” is not the right title…

That final paragraph really gets to one of my obsessions: that the political left and the mainstream media focus so heavily on culture-wars issues–especially regarding the Supreme Court–that the corporatocracy…

It’s history lesson time again. An awful lot of talk and writing about the chained CPI has been focused on the results of its implementation on Social Security. Using this…

Tzimiskes offers some thoughts on the budget process (hat tip Run75441, and re-posted with author’s permission) Tzimiskes has been blogging for more than 3 years on economics, politics, and public…

If you’re a fish merrily swimming in a stream, is it your fault if a flood — say from a large release from the dam upstream — causes you to…

The headline numbers in the employment report were very weak as payroll employment rose by only 88,000 and the household survey reported a -206,000 drop in employment while the labor…

Via Huffington Post comes this quote: One senior administration official offered the following explanation as to why they started with a “compromise” offer. While this is not the president’s ideal…

There is a lot of posting on the proposed budget (out next week) from our President focusing on his insistence of including the cuts to Social Security benefits as part…

Discussing the failure of modern macro to incorporate the financial system into its models, Ben asks, why did the bursting of the housing bubble spank the economy so much harder…