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

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SCOTT SUMNER II

…rate of growth of US per capita real GDP growth has been 2.1%– calculated as the exponential growth rate from 1945 to 2009. This chart shows the level of US…

…published June 2010. DolB: I am a liberal. A label that “progressive” is used in exchange with. I am not a radical, fascist, loony, left winged, socialist, commie. In fact,…

Tri-Committee Health Care Bill Deficit Neutral

…released early Saturday morning still puts the matter as follows: Yesterday CBO released a preliminary analysis, conducted with the staff of the Joint Committee on Taxation (JCT), of H.R. 3200,…

Warren Buffet’s annual letter to shareholders

…purchasing companies] were known as “leveraged-buyout operators.” But LBO became a bad name. … Their new label became “private equity,” a name that turns the facts upside-down: A purchase of…

Paul Volcker Feb.20

…I won’t go into this forever, but one remark I will leave with you is the financial world follows a normal distribution pattern. If you think that you’re a financial…

Real world business for the economic buffs

…a lesson in buying local, especially now that the web allows one to do long distance local buying. It is a lesson reflecting the issue of the middle man economy…

Ms Parker, Mc Cain, Party and Honor

…the past several months: hope and change. In the end, did Ms. Parker know she was so prophetic? That’s potent medicine. It also should come with a warning label: “May…