Occupy Wall Street Not Our Arab Awakening

A meme is emerging that the Occupy Wall Street protests are America’s version of the Arab Awakening. That meme must die.

College Students Skipping Law School Amid Stagnant Economy

College students finally seem to be listening to the market.

Everybody Still Hates Congress

Public disapproval of Congress continues to fall.

James Carville To Obama: Time To Get Tough And Fire Some People

James Carville has some advice for Barack Obama. It boils down to “be like Bill Clinton.”

Poll: Americans Say Asia More Important To U.S. Interests Than Europe

A new poll shows that Americans are starting to look East.

Democrats Starting To Worry About Obama’s Re-Election Prospects

Top Democrats are starting to voice public concerns about 2012.

President Obama’s Job Ratings Sink Amid Economic Pessimism

With most of the public looking at the future and not seeing anything good, the President is suffering

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.

Academia Embraces Social Media

Contrary to myth, the college classroom is a rapidly evolving place.

Our Present Crisis: Recession, Depression, Or Something More Fundamental?

The world is likely to get worse before it gets better.

Government Fighting Back Against S&P?

Is S&P’s downgrade of the US bond rating “free speech” and thereby protected by the Constitution?

Why Businesses Aren’t Hiring, And Why The Government Can’t Do Anything About It

Any politician telling you that solving our problems will be easy is lying to you.

Risk and Sovereign Debt

Upon further review, S&P’s downgrade of the United States bond rating . . . still makes no sense.

Dow Plunges Over Double Dip Worries

Apparently, getting the debt deal done was not a panacea.

White House Pressuring Geithner To Stay At Treasury

Rumors of Timothy Geithner’s departure from the Treasury Department may have been exaggerated.

The Second Great Contraction

Harvard economist Kenneth Rogoff says we’re undergoing much more than a mere recession.

One Year Ago Today: “Welcome To The Recovery”

One year ago, Timothy Geithner said them things about the economy he probably wishes he could take back right now.

The Debt Ceiling Debate: Social Democracy v. Limited Government?

Charles Krauthammer claims we are in the midst of a great debate. I am not so sure.

Tea Party Leader Tries to Explain Position on Debt Ceiling

He doesn’t do a very good job.

The Impact of the U.S. Defaulting

Christine Lagarde believes the impact could be large and global.

In Dueling Speechs Obama And Boehner Talk Past Each Other, Accomplish Little

Their mouths were moving, but nothing of substance was coming out.

Obama’s Negotiation Strategy, Such As It Is

I never would have negotiated in the first place.

A Question for the Business Types in the Audience

A question about borrowing.

Is Washington Fighting The Wrong Economic War?

While unemployment remains stubbornly high, Washington is spending its time fighting over the budget deficit

Plurality Of Americans Say They’re Worse Off Since Obama Took Office

Are you better off than you were three years ago? 44% of Americans say no.

U.S. in Worse Shape than Greece

We might be looking at a potential fiscal crisis.

Austan Goolsbee Stepping Down

Austan Goolsbee is resigning as chairman of the Council of Economic Advisors to return to the University of Chicago.

Job Growth Weakens, Unemployment Rate Jumps To 9.1%

After several months where it seemed like things were turning around, the May jobs report was depressingly bad.

The Eurozone Crisis Won’t Just Go Away

Despite what appear to be the fond hope of European central bankers that it will just all go away, something needs to be done. But what?

Tyler Cowen’s Productive Mind

A profile of George Mason economist and blogger Tyler Cowen offers this amusing description: “Cowen, 49, has round features, a hesitant posture, and an unconcerned haircut.”

President Obama’s Address to Parliament

While President Obama has had some amusing gaffes on his trip to London, including getting the year wrong in the guest book and an awkward toast to the Queen, his speech to Parliament today hit all the right notes.

Ranking The Pundits

A study shows that most national columnists and talking heads are about as accurate as a coin flip.

Obama: Moderate 90s Republican?

Obama’s main politics are hardly as leftist as many make them out to be. Indeed, much of them could have fit well in the the GOP of 1990s and early 2000s.

High Gas Prices Hurting Obama

President Obama is suffering in the polls because of high gas prices, but is there really anything he can do about them?

The Ryan Plan’s Political Problem

Will the Ryan Plan ever be voted out of the House?

What Lessons Has The Economy Learned From 2008? Apparently None.

The systemic risks of financial institutions haven’t changed much since 2008.

Cutting Federal Workforce Costs Money?

The most likely cuts in federal spending are likely to actually increase the deficit over time.

Disaggregating the Conversation about Wisconsin

There are a lot of issues on the table, so to speak, in the WI situation. Here I try to entangle them a bit.

Retirement: No Good Options

We can’t rely on private companies, the stock market, or the taxpayers to maintain our lifestyle in our golden years.

Wisconsin Teacher Showdown

Neither side is covering themselves in glory in the battle over the Badger State budget.

Unemployed? Don’t Bother Applying.

Being unemployed, especially in the long term, makes it less likely to get hired.