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    Economics / consumption, GDP, jobs, recession, recovery, unemployment /

    Dear Me: Jobs Outlook Worsens?

    February 4, 2010

    Well now, this is not good news. For a couple of weeks I have been arguing we should not panic when the report on new claims for unemployment insurance showed a slight worsening. First it was because the statistics were messed up by reporting glitches at the state level – or so we were told. […]

    Economics / defense spending, deficits, Federal Budget, federal deficits, fiscal policy, health care reform, Medicare, monetary policy, recession /

    The Budget [non] Debate

    February 3, 2010

    Well the so-called debate about the federal budget deficit has not started well. Apparently we cannot even agree on the place at which to begin, let alone the place to which we need to travel. This is not good. Sometimes I feel so downcast at the juvenile nature of our discourse. Other times I simply […]

    Politics / free market theory, Supreme Court /

    Freedom of Speech?

    February 2, 2010

    This is a little off topic for me, but the recent Supreme Court decision defending corporate ‘freedom of speech’ is something worth commenting upon because it is based upon a free market doctrine drawn from economics. The decision was in a case called Citizens United v. The Federal Election commission. By a five to four […]

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