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

You searched for: label/severe povery

What’s in a name?

…no matter the labels thrown upon them, going back 1000s of years. Its recurring features — concentrated power, weak accountability mechanisms, suppression of organized opposition — are structural problems of…

Debt Ceiling Consequences

…negative impact on the economy. Given the severe weakness in the economy this shock most likely would tilt the economy into a recession. This is rather straight forward analysis, but…

More on Poverty

Robert Waldmann Matthew Yglesias has a post on poverty which is, shall we say, very different from my post on severe poverty below. In particular he wrote We then had…

If the Bubble Bursts

…repercussions of the housing downturn were severe, other types of tax cuts might be an appropriate response. Needless to say, Democrats could and should advocate tax cuts that would look…

Genes, Violence, and Testing

…a small group of antisocial recidivistic offenders, but no genes have been shown to contribute to recidivistic violent offending or severe violent behavior, such as homicide. Our results, from two…