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    Economics / economic theory /

    New Year’s Resolutions

    January 7, 2016

    Well, that didn’t last long. I promised myself I would not waste any time this year on complaining about mainstream economics. There is no value in expending precious energy on something as stupid and ridiculous. It is cartoonish, silly, utterly worthless, irrelevant, and socially destructive. It is also demonically anti-democratic. Which upsets me above all. As […]

    Commentary, Politics / bank reform, banking, democracy, Dodd-Frank, health care, plutocracy, regulation /

    Extreme or Not Extreme?

    January 7, 2016

    That is the question. A friend of mine pointed me to Thomas Friedman’s latest effort in the New York Times. It’s too long for me to copy over en masse, so let me highlight a few things. Set aside the silly column title: “Up With Extremism”, I assume Friedman had nothing to do with that choice. […]

    Commentary, Politics /

    A New Year, Same Old

    January 5, 2016

    While I was taking  year-end break the world seems to have taken a few steps towards the decidedly weird. I think the oddest story of the lot is the activity out in Oregon where a small group of gunmen have hold themselves up in a Federal bird sanctuary as an act of defiance against the […]

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