…American liberalism in the 21st Century, and closes the loop back to Stollar’s Ron Paul idea like this. Our problem—and again by “our” I mean a left that’s social democratic…

…will see improvements and developments. We can only hope he is correct, and that people will find other jobs than just being a Coca-Cola franchisee as the 21st century develops….

…philosophy Matt Yglesias gets this point. Compensation based, even in part, on short run mark to market profits is a recipe for disaster. I see (via Yves Smith) that Financial…

…would succeed. He’s basically Jon Huntsman, economic policy and all, with a slightly better social policy—or at least a willingness not to try to compete globally in the 21st century…

by cactus Economic Catastrophes – Another Look at Economic Performance by Presidential Party Since we’re in a period of economic crisis, I started thinking about crises of the past. Its…

…from current economic theory, but rather from the 50 year old efforts at mathematical economic theory. Thus the New York Times Op-ed page is not to be blamed for publishing…

by Sandwichman (reposted from Econospeak) Public Works, Economic Stabilization and Cost-Benefit Sophistry I. Public Works and Economic Stabilization This is where it all began. The National Resources Board’s 1934 Report…

…unleash pent up investment and create a burst of economic growth that creates jobs is simply unfounded in fact. We’ve tried this philosophy for four decades (since Reagan) and it…

…natural gas, other than the odd city bus or garbage truck in random municipalities? The answer is a simple but unpleasant one. See, we in the US would label the…

…considered almost risk-free because if the borrowers default, Fannie or Freddie will pay off the loans (assuming Fannie and Freddie remain solvent). Non-conforming loans go into pools known as private-label…