This book sounds interesting: Like a pair of financial sleuths, Ms. Reinhart and her collaborator from Harvard, Kenneth S. Rogoff, have spent years investigating wreckage scattered across documents from nearly a millennium of economic crises and collapses. They have wandered … Continue reading →
One of Obama’s biggest boosters, Eleanor Clift of Newsweek, bemoans the fact that somehow, the great articulator/communicator/orator has failed to clarify his economic policy. Oh, if only he could explain to the slow-on-the-draw people the big picture—which is, which is…what, … Continue reading →
…to the Democratic Party and to the nation. The former, however, may not realize that fact, and can’t or won’t get rid of her, due to the power she’s amassed and her ability to pass legislation that an increasingly left-leaning … Continue reading →
Yesterday I wrote a post that was about (among other things) Obama’s failure to deal with the unemployment problem. Then I saw this comment from “Ilion:” This off focus on “jobs” (for “jobs” are not in the bailiwick of government) … Continue reading →
Tim Cavanaugh writes that Paul Krugman has become a laughingstock both here and abroad for his devotion to Keynesian spending in the face of overwhelming deficits and the burgeoning threat of bankruptcy in many countries of the western world. The … Continue reading →
I hope that this isn’t another bill we’ll have to pass to find out what’s in it. But that appears to be the case. The much-touted compromise that’s finally been reached is an agreement mostly among Democrats. A spokesperson for … Continue reading →
There have been so many issues coming up fast and furious lately that the mind reels. But remember cap and trade? This administration does. Here’s my new PJ article speculating on what they might do about it.
Continue reading →He’s pretty sure you do. This article from NY Magazine makes it clear that Madoff’s arrogance remains undiminished, even (or perhaps especially) in prison. It contains some fascinating nuggets, such as a purported conversation between Madoff and convicted spy for … Continue reading →
Didn’t happen. I guess it was a 360 pivot rather than a 180.
Continue reading →And it’s simple: with low birth rates, the young end up working to support the old, and then the state is likely to run out of money before their time comes to benefit. It’s starting to happen all over the … Continue reading →
Are reports of the euro’s imminent demise greatly exaggerated? Or will we see its end in the not-too-distant future, because the life support system its richer members are trying to construct is doomed to failure? Jeff Randall thinks it’s the … Continue reading →
Timothy Garton Ash says that Europe needs a new Churchill to add “dynamism” to the moribund EU: The European Union is still the world’s largest economy. It has enormous resources of hard and soft power, at present much bigger than … Continue reading →