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Ruben Navarrette Picks His Pork

century For a minute, it sounded as if the House speaker was channeling the ghost of Margaret Sanger. The 20th-century birth control advocate is a hero to those who worship…

Robert Shiller vs My Mom

…world would be a better place. The amazing thing is that the relative price of houses (price deflated by CPI) did not have an upward trend in the 20th century….

No laboring in economics

…it…. MONEY. “Monetarism is a school of economic thought concerning the determination of national income and monetary economics. It focuses on the supply of money in an economy as the…

Medicare Reform Working Group

The Century Foundation Medicare Reform Working Group I am delighted to announce that The Century Foundation has created a working group to look at Medicare Reform. I’ll be directing it….

The Social Security question…an op-ed.

…“Back in 1950 there were 16 workers for every retired person collecting Social Security. Now there are 3.3, and by the end of the century there will be only 2…

Soc Sec XXII: What if? Low Cost as Fairy Tale

…movement through the rest of the 75 year actuarial window. For the purposes of this post I intend to ignore the period past mid-century, it has interesting implications of its…

Global Warming costs: another view

by CoRev The Senate’s global warming bill was defeated last week. The measure aimed to reduce U.S. greenhouse gas emissions 70 percent by mid-century through a cap-and-trade program. Cap and…

Sea ice and beach front property

…slipped into the sea. Over all, the floating ice dwindled to an extent unparalleled in a century or more, by several estimates. Now the six-month dark season has returned to…

The Equity Premium

…they are. Now let’s look at patterns of returns over the twentieth century, and try to figure out what this marginal investor has been seeing and thinking to make the…

Education and Earnings

…be far more highly demanded by firms. This reward to education has grown over time. For example, a Census Bureau summary of major economic trends in the US over the…