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

You searched for: label/super committee

Marginal Cost

…out theater effect explains why matinee tickets are cheap. Yeah a super duper mega hit film might justify more expensive tickets because tickets are often sold out. But only for…

Are We in a Liquidity Trap ?

…— say a super liquidity trap and get to a second proposed answer Not when we are in a super liquidity trap. After the jump I criticize my second proposed…

Yglesias Wants to Soak the Rich

…day most of the super-rich would ultimately find it a relief to get off the treadmill of status-competition and the not-quite-so-rich would be thrilled to see their betters cut down…

Wal-Mart and Disaster Supplies

…Just don’t try this for the pizzas to be delivered at half-time of the Super Bowl. Actually, if might even work then because Super Bowl Sunday is one of the…

George Soros The three most famous super-rich liberals are George Soros, Warren Buffet (notwithstanding his advising the Shwarzenegger campaign), and Bill Gates Sr. (Gates Sr. is not personally rich, but…