economics
"The relationship between the slack in the economy or unemployment and inflation was a strong one fifty years ago ... and has gone away."
"At least twenty years ago, that period was over and the relationship between unemployment and inflation became weak. And it’s become weaker and…
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economics
"Why Uber must be stopped/The touted start-up is proving to be the embodiment of unrestrained hyper-capitalism. What happens when it wins?"
Hysterical headline at Salon , illustrated by a photoshop of Michael Douglas as Gordon Gekko and Leonardo Di Caprio as the Wolf of Wall Street, toget…
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economics
"The New Deal is demographically obsolete. You can’t fund the dream of the 1960s on the economy of 2010."
Says Richard Lamm, the former Governor of Colorado. A Democrat.
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economics
"He said that, unlike Marxists, he rejected the assumption that individuals were motivated solely by the prospect of selfish, material gain."
"Rather, he insisted, 'behavior is driven by a much richer set of values and preferences' that can also include altruism, loyalty and sp…
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economics
"The GOP has persuaded the public of the wisdom of its fetish for populating the U.S. coastline with oil rigs."
From a New Republic editorial on "How Democrats got bulldozed on energy": That Republicans have, against the odds, won the first round of …
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economics
"One of the key differences between mistakes that we make in our own lives and mistakes made by governments is that bad consequences force us to correct our own mistakes."
"But government officials cannot admit to making a mistake without jeopardizing their whole careers." Can you imagine a President of the Un…
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economics
"Right now, the most important task for us is to stabilize the patient."
"The economy is badly damaged — it is very sick. So we have to take whatever steps are required to make sure that it is stabilized." So say…
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economics
"The Paradox of Declining Female Happiness."
"By many objective measures the lives of women in the United States have improved over the past 35 years, yet we show that measures of subjectiv…
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economics
"In the United States, emissions dropped by a remarkable 7 percent in the recession year of 2009, but rose by just over 4 percent last year..."
"This country is the world’s second-largest emitter of greenhouse gases, pumping 1.5 billion tons of carbon into the atmosphere last year."…
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economics
"If I see somebody who’s earning over $50,000 a year, who has made the calculated decision not to buy health insurance..."
"I’m looking at somebody who is absolutely as irresponsible as anybody who was ever on welfare." Because what they’ve said is, a) I’m gambl…
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economics
A return to conservative business suits and accessories.
An aesthetically pleasing side-effect of the economic crisis.
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economics
Why didn't Scott Walker realize he was talking to a prankster who was only pretending to be David Koch?
Because Walker had never spoken to David Koch in his life. That fact begins a Weekly Standard article called "The Paranoid Style in Liberal Poli…
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economics
Want to take advantage of the proposed buy-in to the federal health care plan? Got $9,900?
But you think you're getting a government subsidy? Oh, but you are. The buy-in will cost $20,000 — according to a CBO estimate — and — assuming …
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economics
"I think we're slipping toward a recession. A couple of people that I met on the street, they work in construction. They tell me it's slowed down."
Economic analysis, campaign style. That one's from Hillary Clinton, but it's not as if they don't all spout nonsense like that.
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economics
"The entire two-income trap... is actually a two-income tax trap..."
Explains Todd Zywicki , correcting Christopher Caldwell, who was explaining Elizabeth Warren. ... Caldwell’s interpretation of what Warren and Tyagi …
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economics
Women working in Hillary Clinton's Senate office were paid 72 cents for every dollar paid to a man.
"During those years, the median annual salary for a woman working in Clinton’s office was $15,708.38 less than the median salary for a man, acco…
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economics
"Penile length alone can explain over 15% of the between-country variation in 1985 GDP."
"Startlingly the male organ coefficients are statistically significant at the 1% level in all model specifications." Scholarship!
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economics
"I love Bruce for the simple reason he is, from all appearances, a social phobe and a depressive."
Says Stephen Metcalf, bemoaning the fact that Springsteen gave a powerfully energetic performance at the Super Bowl halftime. Nothing will ever comp…
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economics
"The economy continued its sluggish performance in June as employers added just 80,000 jobs..."
"... and the nation’s unemployment rate remained at 8.2 percent, the government reported Friday...." During the first quarter of 2012, empl…
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economics
"What was America in 1492 but a Loose-Fish, in which Columbus struck the Spanish standard by way of waifing it for his royal master and mistress?"
"What was Poland to the Czar? What Greece to the Turk? What India to England? What at last will Mexico be to the United States? All Loose-Fish. …
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