Wonkery vs. Reality

The concentration of policy wonks in the Washington-New York-Boston corridor produces skewed analysis.

Glenn Beck – Goldline Scam

If you’re buying your gold from Glenn Beck, you’re a fool.

All Lawyers Aren’t Rich!

Some lawyers make a fabulous salary right out of law school. Most don’t.

Is Megan McArdle Always Wrong?

Megan McArdle cites an academic article someone disagrees with, proving she’s a dishonest hack.

Political Fight Over Expiring Bush Tax Cuts Heats Up

Congress and the White House are starting to stake out sides in the upcoming battle over extending the Bush tax cuts.

Europe Passes Stress Test

84 of 91 European banks passed their stress tests. How will investors react?

Journalists: Offline Publications Doomed

A rare case of a headline underhyping the story: “Survey: Half of Journalists Think Their Offline Publications Will Eventually Fold.”

Facebook Nation

Unemployment Duration

Most research shows that unemployment benefits/insurance increases the duration of unemployment.

#ATTFAIL Hashtag

The inside story about a crappy wireless network’s loveless marriage with a beauty queen phone.

Steve Jobs: Phones Suck

Steve Jobs took the heat off his crappy iPhone 4 by pointing out that other phones suck in different ways.

Social Security and Life Spans

It’s a myth that the problem with Social Security is that people are living much longer after retirement than they used to. The reality is that a whole lot more people are living long enough to draw benefits.

How ObamaCare Could Kill Small Businesses With Paperwork

Yet another “hidden” provision of ObamaCare is revealed to hold nasty surprises for America’s small business owners.

Did The Bush Tax Cuts Reduce Federal Tax Revenue ?

Recent debates over the economic and fiscal impact of the Bush tax cuts indicate that Republicans still haven’t learned the lessons of the Bush years.

Unpaid Internships Unfair, Just Like Life!

Unpaid internships aren’t education and give kids of wealthy, well connected parents even more advantages. Should we get rid of them?

CPI Declines Again…Deflation?

The Bureau of Labor Statistics is reporting that the CPI declined 0.1% last month. This makes for the third straight month that the CPI has declined. Is there reason to think that there is widespread deflation in the economy?

Did the Stimulus Work?

Nobody can really say whether the stimulus worked — or even define “worked” — but that doesn’t stop them from issuing pronouncements.

Stimulus Funds Spent On Stimulus Road Signs

You’ve probably seen a lot of these signs popping up lately.

Pabst Blue Ribbon PBR 1844

PBR is going upscale for the Chinese market.

DC Highest Earning Metro Area in America

The Washington DC area has the nation’s highest incomes.

Extend Unemployment Benefits

The Senate’s stonewalling of unemployment benefits extension makes no sense.

Toyota Acceleration Problem Caused By Driver Error ?

Remember all those suddenly accelerating Toyotas ? Now, we’re learning the rest of the story.

Offshore Drilling Moratorium Reimposed

The Department of the Interior has, unwisely and unnecessarily, reimposed the ban on deep water offshore drilling.

Republicans Ready To Repeat The Same Mistakes All Over Again

If Jon Kyl’s recent comments are any indication, Republicans haven’t learned their lesson just yet.

So Much For The Summer Of Recovery

There are further signs that the economy will remain anemic through the end of 2010, if not longer.

Economics of Spongeworthiness: An Option Value Problem

A Princeton economist has devised a formula for a classic sitcom paradox.

Did Income Taxes Send LeBron James To Miami ?

Did LeBron James pick Miami because of income taxes ? Probably not.

The Lie of Shovel Ready Jobs

President Obama was shocked –SHOCKED! — to learn that bureaucracy and contracting hassles delay construction projects.

Earnings Plummet Over Last 30 Years

A picture is more misleading than a thousand words.

The War Against Air Conditioning

What exactly is it about air conditioning that has some people so upset ?

Democrats Seeing Wall Street Backlash?

Two widely-hyped reports have Wall Street firms donating less money to Democrats as payback for financial reform efforts. But a closer look reveals no such thing.

Unemployment Worse than 1982

Age-adjusted unemployment is at its worst in more than a quarter century

Is the Recovery Fizzling?

There are a whole lot of reasons to be concerned about the economy.

June Unemployment Report Shows Anemic Job Growth

So much for the Obama Administration’s “Summer of Recovery.”

John Boehner Steps On The Third Rail

The House GOP Leader is proposing that we get serious about Social Security reform.

Third Depression: Barriers to Recovery

A lot stands in the way of returning to pre-collapse employment levels in the USA.

Obama Loses Deficit Spending Argument At G-20 Summit

President Obama’s powers of persuasion were severely lacking at the G-20 Summit this weekend.

TED: Sweat the Small Stuff

Brilliant, funny TED Talk about the disconnect between cost and effectiveness.

LSU Facing Massive Cuts

LSU is facing some potential deep cuts in its budget.

G-20 Shows US-Europe Divide

The European drive — led by Germany, naturally — to tighten spending to get their fiscal house in order and the Obama administration’s insistence on Keynesian stimulus will make for tense negotiations at the G20 Summit.

Food Police Declare War On The Happy Meal

The legendary food police are going after Ronald McDonald and his Happy Meals.

Is Surfing During Work Stealing?

If you’re reading this at the office, are you stealing from your boss?