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    Economics / austerity, bank reform, debt ceiling, Federal deficit, plutocracy, Republicans /

    There They Go Again

    September 26, 2013

    Are you tired? I’m tired. Our national dysfunction is sucking the energy out of everything. And here they go again. There have been a flurry of reports about the precise date when the Treasury department can no longer fudge paying the national bills. We will have hit the dreaded debt ceiling.  Presumably we’ll get a […]

    Economics / bank reform, banking /

    The Shiller Hedge

    September 25, 2013

    One of the reasons economists can be really annoying is that they always hedge. Or rather the more ethical, sober, and diligent ones do. This is, I think, because they have no strong theoretical footing. There is too little definitive in economics. Most of it is couched in excessive caveats. And even then it rarely […]

    Economics / health care, Obama, plutocracy, Republicans /

    The End Of The World. Again.

    September 25, 2013

    Conservative people always predict the end of the world as we know it when confronted by reform. They are right. That’s the point of reform. In the last two to three hundred years, during the great progress we have made towards our modern freedoms, every single step has engendered an “end of the world” reaction. […]

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