…nothing at all. Mex replied: Here we are pressing the frontiers of utility theory. The fact of an economic change in material circumstances depends on what is in peoples’ heads,…

…the “homo-economicacus rationalis” (to coin Fester’s phrase) model adhered to by many of the proponents of privatization: Privatization that converts mandatory “contributions” into “IRAs, 401Ks, PCOs, Keoghs, SEPs and other…

…administration’s “axis of evil” label, accusations that Iran harbors al-Qaida terrorists, and threats of sanctions for the country’s nuclear ambitions. Historically, Democrats have harmed Iran more than Republicans, said Hasan…

…that the actual song is “Let’s Get Retarded”, and “Let’s Get it Started” is the radio version, have the Democrats at long last cast off the political correctness label? AB…

Another Shrill Economist Shrill is, of course, the word conservatives often use to label an economist when said economist makes a case that they cannot refute with logic or data….

…to avoid the label of a liberal bias? The NYT? Somehow I don’t buy that one… Now the standard response is to talk about Jeff Gerth and the NYT’s role…

Moderately Positive Outlook? CNN has a story, “Mañana economics: Economists keep saying the sun will come out tomorrow … and tomorrow … and tomorrow.” Here’s the outlook: GDP actually grew…

…title, the answer is either “both” if you dislike MS, or “Businessman and Philanthropist Extraordinaire” if you like MS. Either way, the Philanthropist label seems deserved and will be even…

It’s really hard to kill this meme. Note the label on this graph from today’s Free Exchange post: Now change that heading to read “Business borrowing.” Sort of gives a…

…some doubt on the usefulness of such labeling. For example, the label “cyclical” often implies — whether implicitly or explicitly — that declines in the participation rate explained by “cyclical”…