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

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Waiting for the DeLong-Fish Cage Match

While I’m trying to decide whether unmanaged funds are preferrable to mismanaged ones, and wondering whether any discussion of Mark Cuban (I like the picture better than CNN’s) belong here,*…

New savings vehicles in the works?

…before Mr. Miller’s Education and Labor Committee on her proposal. George Miller: Looking at redirecting tax breaks to a new system of guaranteed retirement accounts. At that hearing, the director…

You Can Lead a Horse’s Arse to Water, but…

…contains no safeguards against the possibility that banks will simply sit on the money. “Unlike the British government, which is mandating lending requirements in return for capital injections, our government…

Economic theory and workers

…join unions to improve working conditions. A book review considered whether globalization could improve working conditions. Two articles mentioned legislation that took working conditions into account. One article disputed that…

The US economy is in a funk

…and households, generally, to restore their balance sheets through more conservative spending patterns. Getting the economy going again will require getting the banks on a sound footing, so that mortgage…

China to be the world’s workshop

Hat tip Movie Guy China reverting to form as the world’s workshop By Peter Marsh Published: August 11 2008 03:00 Excerpts: China is set to overtake the US next year…

10 best gloom and doom sites

…4. DollarCollapse.Com 5. Angry Bear 6. Mish’s Global Economic Trend Analysis 7. Naked Capitalism 8. Peter Schiff 9. GREG MANKIW’S BLOG 10. The mess that greenspan made Barry had a…

Global warming policy on taxes report

…Institute Martin Weitzman, Harvard University Peter Wilcoxen, Syracuse University Gary Yohe, Wesleyan University Anyone you know? The report is quite long, and I have not scanned it. Perhaps another person?…

BW on Soc Sec V: What does Lenin have to do with this?

…Real reform, therefore, may require constitutional change that effectively limits the taxing and spending powers of government.” The Cato types see it as welfare, they disagree with government welfare programs…