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    The End Is Nigh!

    October 1, 2013

    The end, that is, of Reaganism. The Republicans have shut down government because no one is taking their demand that health care reform is abandoned seriously. In a nutshell the fight is over the part of reform that increases taxes on the top 1% of income earners, reduces subsidies to insurers within the Medicare system, […]

    Economics / economic theory /

    Has Economics Done Anything?

    September 30, 2013

    One of the blogs I read regularly is that called “Unlearning Economics”. I recommend it to you. A recent entry questions the efficacy of economic theory/thought. The challenge it issues is to come up with notable cases where economics has a definitive positive effect. The conclusion is that there are few. Certainly far fewer than […]

    Commentary /

    Happy Shutdown Eve

    September 30, 2013

    With dysfunction the norm and with the extremists in control, shut downs are likely to become more frequent. So we need to invent a whole panoply of shut down humor, salutations, and perhaps even note cards we can send each other. Heck shut downs may become a national holiday right up there with Thanksgiving. I […]

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