…Pubs borrow and spend?), but given how wrong I was on presidents and economic growth, I wanted to see the numbers. I encourage others to operate from similar principles. For…

So far the topical open threads have gathered great material. As Bruce mentioned and hoped, the partisan nature that accompanied certain posts was muted when readers could offer a look…

…quoted at CNN “… Angry Bear is the product of a half dozen Ph.D economists, an historian, and financial professionals. The writers provide individual perspectives on broad sectors of the…

…‘No’ and ‘No’. It turns out that the answers CBO returns depend, as they should, on the precise nature of the question. The first thing of note is that while…

…there is a column equating to ‘Income – Cost’ which is labeled ‘Net increase during the Year’. Now the Trustees don’t label this as ‘Surplus’ but there is little doubt…

…occur because a house is worth less than its mortgage (so-called “upside-down” loans). Rather, foreclosures take place because borrowers can’t pay the monthly payment that they agreed to pay. Homeowners…

rdan No fat tail. Nor black swan. Nor once every 100 year occurrence. (Hat tip reader CMike) Forbes has Volcker’s complete remarks below the fold, lifted directly from Forbes and…

…membership dues, fees related to use of the network, quality fees, senders cut, etc. I do not include any advertising or purchase of supplies (containers, mailers). On the income side…

by Divorced one like Bush Before we get to excited about Ms. Parker’s recent calling out, consider her 9/5 opinion in What Sarah Palin brings to the Republican Party: And…

One Salient Oversight sends some thoughts from down under on recycling labels: Think of the common labels thrown out against political opponents these days. What sort of political thinking would…