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Drezner on the Net Income From Abroad Puzzle

…New Economist provides a summary. Daniel Drezner asks “Why are Americans Better at FDI” providing several possible explanations. See the comments to Dan’s post as well, which include Brad Setser…

Al “not Glenn” Hubbard Addresses the Press

Daniel Gross, Mark Thoma, Brad DeLong hammer Mr. Hubbard for apparently not knowing that Federal debt stands at $8.1 trillion. His overall performance was much worse than that: Actually, again,…

Katrina’s Wake

…another body lay beside her wrapped in a sheet. “I don’t treat my dog like that,” 47-year-old Daniel Edwards said as he pointed at the woman in the wheelchair. “I…

Tale of Two Tax Cuts

…investment as a share of GDP are still below their 2000 levels so the spin from Daniel Mitchell provides no real support of a supply-side miracle. Of course, Reagan also…

Did Stephen Moore Sucker Kevin Drum?

…so. Update: Jerry Bowyer thinks Art Laffer deserves a Nobel Prize for that drawing on a cocktail napkin. Update II: Movie Guy alerts us to Jack Kemp and Daniel Mitchell…

Being Honest with the Kids …

… about their Social Security money. Via Brad DeLong, Daniel Froomkin notes that President Bush is Exploiting a Misconception. Congressman Kendrick Meek tells young voters the truth: MIAMI, Florida (AP)…