Yellen Again Rejects Trillion Dollar Coin
A silly workaround to an infuriating problem that won’t go away.
China Trade Wars the New Normal
The elite consensus that free trade would bring them around is gone.
Biden Wants Credit for Economy Worse Than the One He Inherited
Prices are coming down but they’re way higher than they were.
About that Unit Root Thing
A decade after the Great Recession, we now have data to answer the question.
A Map Is Worth A Thousand Votes
Democrats are approaching an “Electoral College lock.” Republicans are trying to pick it.
Did Roberts Switch Vote on ObamaCare Ruling?
Either the majority and dissenting opinions in NFIB v. Sebelius were among the sloppiest in Supreme Court history or the Chief Justice switched sides at the 11th hour.
Political Fantasy World
It never ceases to amaze me how many smart people manage to believe, against all evidence to the contrary, that their political philosophy has massive support.
US Bond Prices Soar: No, It’s Not Good News
The 30-year bond has actually gained more than a point in early trading after the S&P downgrade!
A Home Is A Lousy Investment (Unless You Need A Place to Live)
Two economists look at a 30 year investment in a home versus putting the same money in the stock market.
What, Exactly, Is The Federal Reserve Up To?
The Federal Reserve is injecting $ 600,000,000,000 into the economy, primarily in the hope that it will boost stock prices and, in turn, the economy. It might work, but if it doesn’t the consequences could be severe.
Merle Haggard and the Gay Serial Comma
Merle Haggard was not gay. But he’s been retroactively gay married — twice! — for want of a comma.
More on Taxes and Incentives
More on Greg Mankiw’s thought experiment on taxes and incentives to work.
TED Talks: Online Ivy League?
An essay claiming that the TED talks are “the new Harvard” is gaining some traction from a lot of people who ought know better.
