…Holtz-Eakin, (who just waited until he joined the presumptive Next Administration to go into the tank). But I forgot the fundamental rule of economics: mechanism design has to be done…

by Ken Houghton Paul Krugman presents the optimistic version*: The House will probably vote on Friday on the latest version of the $700 billion bailout plan — originally the Paulson…

…itself: Krugman is right. It’s not good—the current “pitch” is economically inaccurate; George W. Bush was more correct than Henry Paulson on what would work—but it was probably the best…

by Ken Houghton Claudia asks the question of the day of the previous post: When you say “the coming harvest” are you speaking from a purely literal standpoint, or are…

…statement: It’s not economic leadership that Senator McCain would bring to these negotiations; it’s presidential politics – which is the last thing we need if we really want to solve…

by Ken Houghton It was five degrees (C) warmer here this morning than the previous two days of taking the Eldest Daughter to her school bus. Presumably, this is balanced…

…long way toward minimizing the ultimate cost to taxpayers. Overpayment is good because we’ll get more back. And I thought only Health Economics had an upward-sloping demand curve. Why? The…

by Ken Houghton I had the same reaction to his “we have to do something” comments on Sunday as Dr. Black. But we both, clearly, forgot the game that was…

by Ken Houghton It’s not been a Good Weekend for me to read Berkeley-based Economists. (Though DeLong is on fire, in a good way, and has been since that initial…

When calling Congresscritters tomorrow, especially for those in NY State, please feel free to remind Senator Schumer’s office that he and Barack Obama were the two people [in contested elections]…