Relevant and even prescient commentary on news, politics and the economy.

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Confusion and language American Style

…governance of a country, including carrying out economic planning notwithstanding the ‘free market’ label.[1] I would suggest that the social structures referred to as “liberal”, “neoliberal”, “conservative” and “neoconservative” and…

GINNI THOMAS v. CLARENCE THOMAS

…of the government’s authority to label information it has as a “state secret” and thus to prevent its disclosure in court. It will do so, though, only in a narrow…

Politically Feasible Stimulus

label,” said one official familiar with the talks, speaking on the condition of anonymity because the deliberations were private. Check the quotes. A Obama administration source linked the words “stimulus”…

More than an election message

…and ‘message’ is constantly displayed in comments when it comes to political messaging…especially in a forced two party system. To illustrate, allowing the labels ‘pro-life’ and ‘pro-choice’ to define the…

FHFA Issues Subpoenas for PLS Documents

…in private-label securities. These securities included subprime loans, which were extended to people with thin or weak credit histories, as well as exotic loans such as adjustable-rate mortgages known as…

SCOTT SUMNER II

…I wonder if he is even aware that economic historians label the 1870’s as the “Long Depression”. I find it really amusing that he so proud of what others call…