Why is Inflation So High?

The economy, it turns out, is complicated.

John F. Kennedy A Conservative? No, Not Really

Conservatives have their own Kennedy myth to compete with the myth of Camelot.

Keynes and the Long Run

Keynes and uncertainty about the the future: about childlessness or philosophical assumptions?

Do Voters Really Want A “Big Picture” Election?

Both campaigns seem to be focusing on an argument that the voters don’t want to hear.

Romney, Republicans Demonstrate Hypocrisy In Opposition To Sequestration Cuts

In calling for the sequestration cuts to be delayed, Republicans are demonstrating their lack of seriousness on the issue of fiscal responsibility.

OTB Caption Contest Winners

The Oompa Loompah Edition OTB Caption ContestTM is now over.

The 2012 Election And “The Soul Of The Country”

Mitt Romney said the other day that the 2012 Election is about “the soul of the country.” This is most assuredly not true.

What Lies Ahead For The Economy?

Where is the economy headed? The signals are mixed at best.

What If The Economy Never Really Gets Better?

The prospects for real economic recovery are not good.

Obama Jobs Speech Tough On Rhetoric, Light On Substance

Not surprisingly, there was very little about the President’s jobs speech to write home about.

Post Hoc Ergo Propter Hoc

Did World War II teach us anything about spending-as-stimulus? Not really.

Understanding The Other Side

Paul Krugman thinks liberals understand conservatives but not vice versa. He’s half right.

U.S. in Worse Shape than Greece

We might be looking at a potential fiscal crisis.

Economic Growth Slows In First Quarter. What If This Is As Good As It Gets?

Will days of strong economic growth ever return? And what happens if they don’t?

Explaining the NYT Paywall

Philip Greenspun wonders, “How did the New York Times manage to spend $40 million on its pay wall?”

Ben Bernanke: GOP Spending Cuts Will Not Harm Economic Growth

Speaking before Congress yesterday, Fed Chairman Ben Bernanke debunked the assertion that the GOP’s relatively modest $61 billion spending cut package would significantly harm economic growth.

Cocktail Party Fallacy

Is the only possible motivation conservatives could possibly have for calling out the lunatic fringe a desire for the acceptance of liberals?

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.

David Stockman’s Scathing Indictment Of GOP Fiscal Policy

Twenty-five years after retiring as President Reagan’s Budget Director, David Stockman is back with a scathing indictment of Republican fiscal policies over the past four decades.

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.

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