On Wednesday, December 19, 2012 Robert Heron Bork died at age 85. I did not mourn. Bork first became infamous in 1973 for his role in the “Saturday night massacre”…

We are a country not just divided, but fragmented along axes of race, age, religion, economic status and geography. There are now 15 States where citizens have filed petitions to…

It has been suggested that the rapid increase in the prices of fish, fowl, meat and eggs for about two years following October, 2009 was the result of QE causing…

Mike’s post here got me thinking. I’ll telegraph my conclusion. He dramatically understated his case. You can see the long range view of nominal and inflation adjusted GPD growth in…

Art at The New Arthurian Economics and I are looking at the relationship between debt and economic growth. Art started with an observation of two FRED series, total credit market…

If you listen to Randi Rhodes, you know she is still livid over Romney being declared the “winner” in last week’s – we’ll call it a “debate” for the nonce….

In comments to my previous post, Robert requested the unsmoothed data from Graph 3. Here it is. GPDI is plotted against the Capital Gains Tax Rate. Since the Capital Gains…

Matt Yglesias, servitor to our corporate overlords, suggests that the reduced capital gains tax rate paid by rentiers like Willard Romney is really a very, very good thing. To wit:…

My lovely wife shared this link with me on Facebook.  I got into a discussion in comments there with a right winger who suggested that $250,000 was a very reasonable…

Follow up to Afferent Input’s post. Ten states that are the highest in income tax non-payers are highlighted in (of all things) RED. It just gets better and better. Via…