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

Did Romney speak blasphemously?

Of all the things being deconstructed regarding the debate last night, this is the one that stood out for me: QUESTION: The outsourcing of American jobs overseas has taken a toll on our economy. What plans do you have to put back and keep jobs here in the United States? Romney:…which will allow me as […]

Employment Policy

Robert Waldmann Larry Summers, who is very very good at provoking debate, said “It may be desirable to have a given amount of work shared among more people. But that’s not as desirable as expanding the total amount of work.” Paul Krugman responds here True. But we are not, in fact, expanding the total amount […]

World Trade Organization ruling, IMF to rule

rdan The New York Times carries a story that is actually probably of more import than Fed announcement of not renewing the Treasury Bond program. Wednesday’s ruling goes to the heart of one of the biggest trade issues pending between China and the West: whether intellectual property, like copyrighted songs, books and movies, should be […]