…superficially plausible, this myth has been debunked. My brother Mike, who is a retired mechanical engineer, sent me this explainer. Long story short, the problem wasn’t geology, it was land…

…in ’07 and ’08. Carter gets blamed for some rocky years under Reagan in ’81 and ’82. And etc., throughout the table. This is why we need to look at…

…took off under President Ronald Reagan.” Nonsense. Transportation was deregulated by a bill signed into law by Carter. It is true that Reagan didn’e re regulate it, but, for example,…

…profits, which would mean a decline in consumption by capital income. Well, today, an article came out in the Wall Street Journal by Josh Bivens, Debunking the Myth of Wage-Led…

…about two things: debunking the myth that manual labor doesn’t require brains, skill & judgement, and focussing readers on the existential question of “why am I doing this?” It came…

Read Brendan Nyhan. He is very convincing. The post is too good to excerpt but I was particularly struck by a figure the claim that he “transformed Americans’ attitude about…

…this whole thought process, this current iteration of the art of rewarding of the financial time bomb makers, dates back to Reagan, it pays to go back to Reagan… And…

…Reagan quotes, doesn’t it? Especially the third Reagan quote, right? I mean, there’s the balancing the budget bit, the keeping interest rates down bit, and the jobs bit. The two…

The Krugman-Summers 1982 Inflation Memo As members of the Reagan CEA, Paul Krugman and Lawrence Summers wrote a memo to Martin Feldstein and Willam Poole on 9/9/1982 with the first…

…RGDP Growth vs. Top Rate, 8-Yr Avgs.from Reagan on The eight years of the Reagan administration are indicated with red dots, GHW Bush in orange, Clinton in bright blue, and…