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    Economics / austerity, economic policy, Federal Reserve Board, fiscal cliff, GDP, government spending, growth, Obama, Republicans /

    Mid Summer Blues

    August 5, 2013

    No I haven’t disappeared. This is mid-summer and the living is supposed to be easy. And it would be were it not for the perpetual lunacy in Washington. I wonder whether America has ever been this ill served by its collective leadership. Last week were treated to an outpouring of enthusiasm based upon the new […]

    Economics / economic policy, economic theory /

    Simple Model Mania

    July 25, 2013

    Economics, as we all know, is a bit of a shambles. There’s plenty of good stuff sitting about, and there’s plenty of bad stuff. On any given day we can witness two Nobel prize winners disagree and put forward totally contradictory theories to support radically different sets of policy advice. One example at the moment […]

    Economics / debt ceiling, Federal deficit, fiscal cliff, government spending, health care, medicare, Obama, Republicans /

    Ready, Set, Stop

    July 24, 2013

    It’s well into summer. The hot spell is over for now and cooler air has settled into Vermont. The flowers are doing well. The bear that visits us occasionally is looking extremely healthy. The birds are singing, and the frogs are enjoying the pond. Oh. And the Republicans are getting desperate. Really, really desperate. Their […]

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