…I indicated, but it is still real. Here is a close-up view of data for the current century, from the same source. Graph 2 Gasoline Supplied This Century Seasonal changes…

…century, tax cuts and a stagnating economy have caused a huge gap in tax receipts. Grover Norquist’s plan to destroy government by starvation is working like a charm – at…

…that of the factory worker of 18th and 19th century England. Almost all economic literature I am aware of simply builds in the assumption that as onerous as the six…

…hardly sounds remarkable. As goldilocksisableachblonde noted on Mark Thoma’s site, “This finding is consistent with intuition and common sense , meaning – according to mainstream economic theory backed by models…

…worst. And the spread of smoking tobacco has clearly exacerbated this in the developing world. Killed 100 million people in the last century; will kill 1,000,000,000 in this century if…

…back to 19th century industrial standards where labor is simply replaceable. Don’t want a job that barely pays now? Well screw you, we’ll just hire a homeless 99’er at 10%…

…the other corner, it’s Ross Levine, Professor of Economics at Brown, who thinks financial innovation is “crucial, indeed indispensable” for economic growth. Not surprisingly, I think Stiglitz has the winning…

…That was not a little rain shower we just went through. That was the storm of the century. Yes we have eaten into the surplus. In 2010 we may start…

by Bruce Webb I ask people to examine the following labels and concepts: Arbitrary Executive Permanent Majority Homeland Security New American Century Did any of these labels or the concepts…

…the late nineteenth century, during the Second Industrial Revolution, when bankers like J. P. Morgan funded the creation of industrial giants like U.S. Steel and International Harvester. The second wave…