…using the huge WWII stimulus in his estimates, since the economy was at full employment during WWII. So have Matthew Yglesias using his Harvard BA in philosophy from Harvard and…

Ken Houghton lowers the level of discourse at AB by discussing the career of a porn star other than Adam West. One of the primary tenets of economic theory is…

…with most of that in the last half hour.. The EIA’s natural gas storage report for the week ending January 21st indicated that the amount of working natural gas held in…

…was first listed on this page two weeks ago, has already become the most common variant circulating, accounting for 27.8% of the virus samples sequenced during the July 21st to…

…Let me now turn to the economic questions. A first economic question is, what caused the deficits and rising public debt? The answer comes in two parts: present deficits and…

…Economist David Zetland’s review of “Basic Economics” at his site: The one-handed economist. I’ve known of Thomas Sowell‘s writings for many years, often enjoying his pithy summaries of important economic ideas….

…and belief in laissez-faire economic liberalism. Classical liberalism is built on ideas that had already arisen by the end of the 18th century, including ideas of Adam Smith, John Locke,…

…was converted by Thomas Malthus’s polemic against Godwin on population. In the Grundrisse, Marx appears to have been enchanted by Dilke’s concept of disposable time. Nearly a century after publication…

…now some half-century ago. [Godwin’s Inquirer] The plea then advanced is a sound one on behalf of other things besides philosophy, literature and scholarship. Leisure, some degree of it, is necessary…

…heightens the loyalty of recruits. The more they fail, the stronger is their grip. At the turn of the twentieth century, both Simmel and Thorstein Veblen were, I believe, seeking…