…true. cf. Krugman/Eggertsson. So, in Steve Randy Waldman’s words, “Everything that matters is captured by the portfolio preference of nonbanks.” We can ignore the banks. Steve, Cullen Roche, Scott Fullwiler,…

There’s great discussion out there on this topic, see Steve Randy Waldman’s links list here. Karl Smith gives us this graph and asks: I mean, honestly, would you look at…

…affluent economy could deliver the secular stagnation symptoms we’ve seen over recent years and decades. As usual, Steve Randy Waldman tells one of the best stories, and tells it best….

…prompts me to finish this post, started long ago, and to point to Steve Randy Waldman’s eloquent rejoinder to the pessimistic view. Steve ingested this contrary view with his mother’s…

Steve Randy Waldman has utterly pre-empted the need for this post, cut to the core of the thing, in the opening line of his latest (collect the whole series!): When…

…but from him who has not, even what he has will be taken away. —Matthew 25:29, Revised Standard Version Steve Randy Waldman reminded me recently of this great 2014 Matt Bruenig post from Demos. (The post…

…what occurred, as reported yesterday by the Washington Post’s Ben Terris and summarized by Paul Waldman on the Post’s Plum Line blog last evening: Some reporters actually got within talking…

Paul Waldman has a lengthy post today at the Washington Post’s Plum Line blog titled “Despite what you’ve heard, Democrats aren’t in disarray. Their party is under attack from the…

…Waldman, the Washington Post, this afternoon Well, you already know what he said. You knew what he said before he said it. Long before. Months before. So I won’t bother…

…States, period. Now we all want to get back to making America strong and great again. — Donald Trump, today I took that quote from Paul Waldman’s post at the…