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Monday, September 30, 2019
There Is No Economic Justification for Drilling in the Arctic Wildlife Refuge There are companies that expect to profit from this degradation of the environment, but they are not the driving force here. There just is not that much money at stake. Rather, people in power are spitting in the face of people who value the environment to show they can wreak destruction for no good reason whatsoever.
Monday, September 30, 2019There Is No Economic Justification for Drilling in the Arctic Wildlife Refuge There are companies that expect to profit from this degradation of the environment, but they are not the driving force here. There just is not that much money at stake. Rather, people in power are spitting in the face of people who value the environment to show they can wreak destruction for no good reason whatsoever.
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Friday, January 1, 2021
New York Times Joins Trump's Anti-China Crusade The New York Times reported if China's leadership had responded effectively to the pandemic, it could have been quickly contained and not spread around the world. The biggest problem with this assertion is that there is evidence that the pandemic was already present in Europe before the end of 2019.
Friday, January 1, 2021New York Times Joins Trump's Anti-China Crusade The New York Times reported if China's leadership had responded effectively to the pandemic, it could have been quickly contained and not spread around the world. The biggest problem with this assertion is that there is evidence that the pandemic was already present in Europe before the end of 2019.
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Monday, May 18, 2009
The Health Care Industry: Protectionism the Free Traders Love Suppose people in the US paid twice as much for our cars as people in Canada, Germany and every other wealthy country. Economists would no doubt be pointing out the enormous amount of waste in the US auto industry. They would insist we take advantage of the lower cost cars available elsewhere and take steps to make our own industry more efficient. For some reason, economists do not have the same attitude toward health care.
Monday, May 18, 2009The Health Care Industry: Protectionism the Free Traders Love Suppose people in the US paid twice as much for our cars as people in Canada, Germany and every other wealthy country. Economists would no doubt be pointing out the enormous amount of waste in the US auto industry. They would insist we take advantage of the lower cost cars available elsewhere and take steps to make our own industry more efficient. For some reason, economists do not have the same attitude toward health care.
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Tuesday, October 2, 2012
Cracking Down On China Means Cracking Down On Mitt Romney As a superpower, no one expects China to simply accept a list of demands handed to them by the US president. Inevitably there is a negotiation process and if the US gets concessions on the value of the currency, it will almost certainly come at the expense of progress on other demands.
Tuesday, October 2, 2012Cracking Down On China Means Cracking Down On Mitt Romney As a superpower, no one expects China to simply accept a list of demands handed to them by the US president. Inevitably there is a negotiation process and if the US gets concessions on the value of the currency, it will almost certainly come at the expense of progress on other demands.
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Tuesday, April 28, 2015
The Battle Over the Trans-Pacific Partnership and Fast-Track Gets Hot Not all economists agree that all reductions in trade barriers are good. But more importantly, the TPP is not primarily about reducing trade barriers. The TPP is essentially a pact in which the Obama administration invited industry representatives to get together a wish list and see what they could impose on the other parties to the deal.
Tuesday, April 28, 2015The Battle Over the Trans-Pacific Partnership and Fast-Track Gets Hot Not all economists agree that all reductions in trade barriers are good. But more importantly, the TPP is not primarily about reducing trade barriers. The TPP is essentially a pact in which the Obama administration invited industry representatives to get together a wish list and see what they could impose on the other parties to the deal.
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Saturday, April 18, 2020
It's the End of the World Economy as We Know It, Just Like the Great Recession In the case of the United States, it is helpful to have access to producers worldwide rather than being forced to just rely on domestic sources, especially since the timing and severity of the pandemic have varied greatly across countries.
Saturday, April 18, 2020It's the End of the World Economy as We Know It, Just Like the Great Recession In the case of the United States, it is helpful to have access to producers worldwide rather than being forced to just rely on domestic sources, especially since the timing and severity of the pandemic have varied greatly across countries.
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Saturday, August 4, 2018
The Trump Administration's Giant F**k You to Working People: Playing Games with Capital Gains Tax Rates Given the open contempt that the Trump administration routinely shows for the rule of law, inventing a huge tax break for the richest people in the country is pretty much what we have come to expect. After all, if they didn't get to lie, cheat, and steal, how could rich people get by on today's rapidly changing economy?
Saturday, August 4, 2018The Trump Administration's Giant F**k You to Working People: Playing Games with Capital Gains Tax Rates Given the open contempt that the Trump administration routinely shows for the rule of law, inventing a huge tax break for the richest people in the country is pretty much what we have come to expect. After all, if they didn't get to lie, cheat, and steal, how could rich people get by on today's rapidly changing economy?
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Tuesday, January 21, 2014
The Trans-Pacific Partnership: Warnings From NAFTA As has frequently been noted, the TPP is not really about trade. The tariff barriers and quotas between the TPP countries are already low in most cases. Rather the point of the deal is to put in place a structure of regulations that will be more friendly to the large corporations who are in many cases directly part of the negotiating process.
Tuesday, January 21, 2014The Trans-Pacific Partnership: Warnings From NAFTA As has frequently been noted, the TPP is not really about trade. The tariff barriers and quotas between the TPP countries are already low in most cases. Rather the point of the deal is to put in place a structure of regulations that will be more friendly to the large corporations who are in many cases directly part of the negotiating process.
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Wednesday, November 21, 2018
Bernie Sanders wants corporations to fulfill Trump's tax cut promise There is no evidence of any speed-up in wage growth due to the tax cut. Wages are in line with baseline projections. At this pace, workers are going to have to wait a very long time to make up the ground lost during the recession. The Sanders-Khanna bill raises important issues. Perhaps it will be a step in the process of bringing CEO pay back down to earth.
Wednesday, November 21, 2018Bernie Sanders wants corporations to fulfill Trump's tax cut promise There is no evidence of any speed-up in wage growth due to the tax cut. Wages are in line with baseline projections. At this pace, workers are going to have to wait a very long time to make up the ground lost during the recession. The Sanders-Khanna bill raises important issues. Perhaps it will be a step in the process of bringing CEO pay back down to earth.
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Tuesday, August 7, 2012
Beating Back the CEO Attack on Social Security and Medicare There are few issues more important to voters than Social Security and Medicare. People should harangue their local newspapers and television stations to ask candidates their positions on cuts to these programs. This is far more important than most of the gossip about the campaigns that dominates news coverage.
Tuesday, August 7, 2012Beating Back the CEO Attack on Social Security and Medicare There are few issues more important to voters than Social Security and Medicare. People should harangue their local newspapers and television stations to ask candidates their positions on cuts to these programs. This is far more important than most of the gossip about the campaigns that dominates news coverage.
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Monday, February 5, 2018
Donald Trump as Mr. Magoo Donald Trump will undoubtedly continue to boast about his great economy. He is right about the economy looking comparatively good, but the credit belongs to Federal Reserve Board Chair Janet Yellen and President Obama, not to Mr. Magoo in the White House.
Monday, February 5, 2018Donald Trump as Mr. Magoo Donald Trump will undoubtedly continue to boast about his great economy. He is right about the economy looking comparatively good, but the credit belongs to Federal Reserve Board Chair Janet Yellen and President Obama, not to Mr. Magoo in the White House.
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Thursday, October 22, 2015
Paul Ryan Wants to Shut Down the Government, Permanently In addition to wanting to privatize both Social Security and Medicare, Ryan has indicated that he essentially wants to shut down the federal government in the sense of taking away all of the money for the non-military portion of the budget.
Thursday, October 22, 2015Paul Ryan Wants to Shut Down the Government, Permanently In addition to wanting to privatize both Social Security and Medicare, Ryan has indicated that he essentially wants to shut down the federal government in the sense of taking away all of the money for the non-military portion of the budget.
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Tuesday, December 31, 2019
Bill Greider and Secular Stagnation Bill Greider died on Christmas day. Greider, who was 83, was an old-time journalist who believed that the job meant exposing the corruption of the rich and powerful, rather than becoming their friends in order to get inside stories.
Tuesday, December 31, 2019Bill Greider and Secular Stagnation Bill Greider died on Christmas day. Greider, who was 83, was an old-time journalist who believed that the job meant exposing the corruption of the rich and powerful, rather than becoming their friends in order to get inside stories.
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Wednesday, April 2, 2014
Obamacare secret: if you quit your job, you have a plan -- and keep wages up It's too early to say much from the data we have, but the early impacts of Obamacare are getting clearer as it passes the signup milestone: not just more people with insurance than had it before -- more people looking for better work, more people able to spend time with family, more people retiring when they want and, yes, maybe even some job creation.
Wednesday, April 2, 2014Obamacare secret: if you quit your job, you have a plan -- and keep wages up It's too early to say much from the data we have, but the early impacts of Obamacare are getting clearer as it passes the signup milestone: not just more people with insurance than had it before -- more people looking for better work, more people able to spend time with family, more people retiring when they want and, yes, maybe even some job creation.
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Monday, March 9, 2020
Trump Bears Full Responsibility for Botched Response to Coronavirus in US Presidents always take credit for the positive things that happen on their watch, but Donald Trump has gone to a whole new level. He endlessly touted the "best economy ever," even though, under his watch, we just saw the continuation of trends from the Barack Obama years.
Monday, March 9, 2020Trump Bears Full Responsibility for Botched Response to Coronavirus in US Presidents always take credit for the positive things that happen on their watch, but Donald Trump has gone to a whole new level. He endlessly touted the "best economy ever," even though, under his watch, we just saw the continuation of trends from the Barack Obama years.
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Sunday, October 28, 2018
Yes, the Republicans Want People with Health Problems to Pay Up the Wazoo If we allow people to just pay for the cost of their own health care and no more, then we are telling people with heart conditions, cancer survivors, and other serious medical issues that they are screwed. Trump and the Republicans may think this is a good thing, but we should be clear on what they are doing. They want people with health problems to suck up their health care costs.
Sunday, October 28, 2018Yes, the Republicans Want People with Health Problems to Pay Up the Wazoo If we allow people to just pay for the cost of their own health care and no more, then we are telling people with heart conditions, cancer survivors, and other serious medical issues that they are screwed. Trump and the Republicans may think this is a good thing, but we should be clear on what they are doing. They want people with health problems to suck up their health care costs.
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Thursday, February 18, 2016
NYT Invents Left-Leaning Economists to Attack Bernie Sanders Whatever standard of scrutiny the NYT chooses to apply to presidential candidates it should apply them equally. It is not good reporting to apply one standard to Senator Sanders, and even inventing credentials to press its points, and then apply lesser standards to the other candidates.
Thursday, February 18, 2016NYT Invents Left-Leaning Economists to Attack Bernie Sanders Whatever standard of scrutiny the NYT chooses to apply to presidential candidates it should apply them equally. It is not good reporting to apply one standard to Senator Sanders, and even inventing credentials to press its points, and then apply lesser standards to the other candidates.
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Tuesday, June 9, 2015
Growth is not necessarily bad for the environment Growth is not necessarily bad for the environment. And, as a practical matter the only way we will be able to advance environmental goals is by tying them to a growth strategy. At the same time, growth is not an end in itself. It is important for ensuring people decent standards of living, but more growth is not always better.
Tuesday, June 9, 2015Growth is not necessarily bad for the environment Growth is not necessarily bad for the environment. And, as a practical matter the only way we will be able to advance environmental goals is by tying them to a growth strategy. At the same time, growth is not an end in itself. It is important for ensuring people decent standards of living, but more growth is not always better.
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Wednesday, December 27, 2017
Diverting Class Warfare Into Generational Warfare: Round LVIII We're not supposed to talk about any of the items that will hurt the living standards of our children and grandchildren. The generational warriors insist that our children's problem is their parents' Social Security and Medicare. Their argument doesn't make much sense, but you can get lots of money for saying it, and you can count on getting your stale recycled arguments printed in the nation's leading publications.
Wednesday, December 27, 2017Diverting Class Warfare Into Generational Warfare: Round LVIII We're not supposed to talk about any of the items that will hurt the living standards of our children and grandchildren. The generational warriors insist that our children's problem is their parents' Social Security and Medicare. Their argument doesn't make much sense, but you can get lots of money for saying it, and you can count on getting your stale recycled arguments printed in the nation's leading publications.
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Monday, December 9, 2019
Trump Is Raising Taxes on Middle-Class Consumers With His Trade War Just when many policy types thought that Donald Trump was about to wind down his trade war with China and work out a deal, he announced that he was in no rush to reach an agreement.
Monday, December 9, 2019Trump Is Raising Taxes on Middle-Class Consumers With His Trade War Just when many policy types thought that Donald Trump was about to wind down his trade war with China and work out a deal, he announced that he was in no rush to reach an agreement.
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