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    Economics / economic theory /

    Some Issues Re-visited

    August 10, 2015

    Hmmm. It seems that some people misunderstood my comments regarding neoclassical economics. Allow me to reiterate and, perhaps, clarify. I want to say that I regard neoclassical economics as a triumph. A wonderful achievement. Brilliant. Please read the fine print: that brilliance has nothing to do with relevance, reality, or any other such yardstick. All […]

    Commentary, Politics / Jade-Helm, Obamacare /

    America the Bizarre

    August 5, 2015

    I think I mentioned here the lunacy of the Jade-Helm conspiracy. For those who missed it Jade-Helm 15 is the name of a rather large US military exercise being conducted over the summer. The activities extend through a number of southern states. Those are the states who benefit most from US military base spending – […]

    Commentary, Economics / Dodd-Frank, inequality, Obama, SEC, wages /

    The SEC rules on CEO Pay – Sort Of

    August 5, 2015

    I have a friend who counts bank reform as one of Obama’s signature achievements. Maybe. But what he probably doesn’t realize is that it is only just now getting implemented. Hidden amongst the weeds of the Dodd-Frank legislation was a provision authorizing the Securities and Exchange Commission to order publicly traded companies to publish the […]

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