SOCIAL SECURITY…Sweet Reasonableness and Fact Checkers
by Dale Coberly SOCIAL SECURITY Sweet Reasonableness and Fact Checkers Apparently the Big Liars are getting worried about the fact that "Social Security has nothing...
Author : Angry Bear
Modeling the Price Mechanism: Simulation and The Problem of Time
Today’s New York Times article on rapid online repricing by holiday retailers depicts a retail world starting to approach the “flash-trading” status of financial markets:...
Worst Socialist Ever
Many have noted that under success hating kenyan islamosocialist Barack Obama nominal... profits just set a new record. Uh so what. A dollar isn't worth...
Gigantic Journalistic Investigation into Tax Havens
While Mitt Romney may be fading from view in the wake of his defeat on November 6, the issue of tax havens is definitely not...
Econo Blogging
I have written several posts pointing to the role economics blogs play in the media, and am sorting out strengths and weakness to be addressed...
Modeling the Wealth, Income, and “Saving” Effects of Redistribution: More is Better?
It has long seemed to me that redistribution is, for some reason, necessary for the emergence, continuance, and growth of large, prosperous, modern, high-productivity monetary...
The Miasma School of Economics
I’ve been reading Steven Johnson’s The Ghost Map, about the London cholera epidemic of 1854, and one passage reminded me exactly of today’s economics discipline....
Politics and Specific Policies
by Robert Waldmann At Frum forum Justin Green extensively quotes Jeb Golonkin on how conservatism could be much better if conservatives made specific policy proposals. ...
Via Barry Ritholtz’s Big Picture comes this PBS six minute …
Via Barry Ritholtz's Big Picture comes this PBS six minute video on why health care costs so much. Watch Documentary: Why Does U.S. Health Care...
It’s No Wonder People Don’t Understand the “Public” Debt
The problem is that even in standard economists’ usage, “public” is used in two different ways: 1. “Public” debt: debt owed by the government. In...