“I got a lot of respect for Jim Comey, but I don’t understand this idea of dropping this bombshell which could be a big dud,” said former federal prosector Peter…

…crisis has persisted, with gross financial flows falling from about 10-15% of global GDP to approximately 5%. Second, this retrenchment has occurred primarily in the advanced economies. particularly in Europe….

…who are playing early, visible roles in the new power structure. Some of Trump’s biggest political donors are shaping the incoming administration, including Rebekah Mercer, a daughter of billionaire Robert…

…shorter working time or concerns about persistent unemployment. Curiously, according to these experts, employment and wages are somehow impervious to the effects of automation, immigration, overtime work, off-shoring of manufacturing…

…had it easy, of course, just that they were significantly less destitute in some regions than others. If increasing labor productivity is a major social goal—and it should be—then making…

…be the same in a world in which labor markets operated according to a two-sided instantaneous matching algorithm, something designed by Google with no human interference at any stage of…

…and civil order, while their counterparts in Germany (e.g. Bild) had heartwarming portrayals of immigrants overcoming great odds to save themselves and their families. This is true; I saw it…

…of the working class as a whole in electing Trump, if at all? The working class is multiracial, and it is also a working class. There’s nothing either/or about it….

by Peter Dorman (originally published at Econospeak) Climate of Complete Incomprehension I finally got around to reading the NY Times new “responsible conservative”, Bret Stephens’, call for skepticism and moderation…

…“protecting” Social Security and Medicare, a reassuring political promise that removes over one-third of the budget from consideration.” “trying to square the circle of balancing the budget while taking the…