Say what? I know, you all think I am nuts. Not content with bashing away endlessly at my fixation with Coase and his simple question, now I am asking an even more ridiculous one. Why money? Actually it’s not my question, but was posed by that sly Paul Davidson in a comment on one of […]

Please do not get excited over this morning’s report of a 40,000 drop in new claims for unemployment assistance. It is largely fiction. The weekly total was 404,000, which is much better than where we were a few months ago, but is nowhere near where it needs to be for us to argue strong job […]