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    Economics / economic policy, economic theory, Obama, plutocracy, Reagan, wages /

    Five Years and Counting Stuck

    August 26, 2013

    Depending on when you think the crisis started its fifth anniversary is either here now or about to be upon us. This is not the same, by the way, as fixing a date for the problem[s] that caused the crisis: they go way back, variously, to the election of Reagan and the victory of orthodox […]

    Economics / debt ceiling, fiscal cliff, health care, Obama, Republicans /

    Defund Obamacare? Really??

    August 20, 2013

    In the absence of much of anything on the economic front we are left to amuse ourselves with the sight of the Republican party hacking away at itself over Obamacare. We all know that health care reform was a hated event for the right wingers. Even the ones who acknowledge the need for our decrepit […]

    Economics /

    Poor Adam

    August 15, 2013

    Summer vacation is winding down, I have spent a great deal of time reading papers and books and not enough time doing useful things, so naturally I am continuing to bellyache about modern economics. Perhaps its that ‘end of summer feeling’, but suddenly I feel bad for Adam Smith. I really do. Remembered as he is […]

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