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

Remembering the Carter-Reagan Race

Barkley Rosser made an interesting comment on one of the threads which is worthy of a separate posting. He is pointing out similarities between Trump and Reagan in saying whatever they want to say, backing away from them (it was just a suggestion), and never being held accountable for making statements devoid of facts. People […]

The Revenge Of Joan Robinson: Capital Theory Controversies Revive

by Barkley Rosser The Revenge Of Joan Robinson: Capital Theory Controversies Revive It is easy to argue about what is the most important or influential thing that the late Joan Robinson did in economics.  More conventional types would probably point to her widely accepted and even textbookified Economics of Imperfect Competition.  Some would point to […]

Gas All Boomers" Or At Least Tax And Cut Their Benefits More Says WaPo

by Barkley Rosser    “Gas All Boomers” Or At Least Tax And Cut Their Benefits More Says WaPo No, nobody in today’s Washington Post Outlook section devoted to the boomers said that first line, although it has become a commonplace on such sites as Economics Job Market Rumors where anonymous and frustrated millennials very frequently and […]

VSPs Get Their Way With Budget Deal: Social Security Benefits Are Cut

by Barkley Rosser     (Econospeak) VSPs Get Their Way With Budget Deal: Social Security Benefits Are Cut All the Very Serious People are jumping up and down and cheering.  We have a budget deal in the House and the debt ceiling is being raised and there will be no more artificial budget crises until […]

Why Are We Rushing To Get Rid Of Fannie Mae and Freddie Mac?

by Barkley Rosser via Econospeak (reposted with authors permission) Why Are We Rushing To Get Rid Of Fannie Mae and Freddie Mac? “How many Virginians does it take to change a light bulb? Five: One to change the bulb and four to talk about how great the old bulb was.” I think I am turning […]

Barkley Rosser’s Review of Behavioral Economics (ROBE) Website Goes Live

Review of Behavioral Economics (ROBE) Website Goes Live Amazingly enough, today on my 65th birthday, the website of the new journal that I am Editor-in-Chief of, the Review of Behavioral Economics (ROBE), has gone live.  So, we are open for business at http://www.nowpublishers.com/…. Prof. J. Barkley Rosser  .

Norquist and LaPierre: Emperors Losing Their Clothes?

Barkley Rosser at Econospeak offers his take on the current political situation and two players. (re-posted with permission from author) Norquist and LaPierre: Emperors Losing Their Clothes? Two figures have held near-dictatorial sway over a majority of members of Congress for several decades: Grover Norquist and Wayne LaPierre.  However, both may be losing their grip […]

"The young will pay more and get less." More Nonsense from Robert Samuelson

by Barkley Rosser  from Econospeak “The young will pay more and get less.” More Nonsense from Robert Samuelson Our old friend, Dean Baker at Beat the Press, does a good job of taking apart yet another screed by the execrable Robert J. Samuelson, faux economist for WaPo, whining about why nobody is jumping on board […]