…is when information was obtained from people the CIA tortured. FBI agent Ali Soufan claims that he and his partner obtained valuable information from Abu Zubaydah *before* he was tortured…

…DSGE models refinancing doesn’t affect consumption. Consumption is modelled as the choice of a large number of identical people (called the representative agent) who have average income, wealth and consumption….

…not only a paradox; but, a dilemma. The horns of this dilemma are yoked together, not just ‘in principle’ but in the physical, mechanical agent of both the economy of…

…is true if there is monopsony (like monopoly but with one big agent on the demand side — in this case a firm big enough to affect the prevailing wage…

…(it can also happen if the trade is made by a sane and sophisticated agent whose incentive contract was written by a fool who is easily separated from his money)….

…another thing — [the problem with economic modeling] isn’t [limited to] new classical macroeconomics. The same criticisms apply to new Keynesian DSGE models. Adding totally unexplained Calvo alarm clocks doesn’t…

…the rally without the campaign’s permission. In February, a photojournalist from Time magazine, Christopher Morris,was roughed up by a Secret Service agent as journalists rushed to cover a protest at…

…the courts from the family of a Mexican teenager who was killed when a U.S. Border Patrol agent fired across the border from Texas into Mexico. The case involves the…

…that Obama will fire Comey right after the election. As for me, I want to forcefully retract my suggestion in this post yesterday that NYC FBI agents working on the…

…she didn’t win the Upper Midwest, nor Pennsylvania, because she just couldn’t run as a populist change agent, because she so, so wanted those speaking fees. So she didn’t win…