The problem that I have with Paul Krugman's argument here is that the shifts in income inequality seem to me to be too big to be associated with anything the government does or did. Yes, Roosevelt and ...

The economist's presumption is that freely-chosen acts of market exchange are good things: win-win. This presumption can be overturned: Perhaps those buying do not understand what they are really ...

Greg Clark of UC Davis points out that there had been previous narrowly-focused bursts of invention and innovation that had revolutionized particular sectors: printing, the windmill, the musket, the ...

The Chronicle of Higher Education has a symposium on the career of Juan Cole. Its anonymous editorial voice writes: The Chronicle: 7/28/2006: Can Blogging Derail Your Career?: Juan R.I. Cole became ...

(1) Michael Steele: 'The End Of Representative Government': Today, America witnessed the first vote for the end of representative government. ... The American people are sick of the blatant arrogance ...

In anticipation of the 70th anniversary of the bloody Stalinist suppression of the Partido Obrero de Unificación Marxista in the Barcelona May Days, we are--thanks to Jacob Levy--proud to bring you ...

I just voted for Barack Obama in the California primary. It has, this year, been an embarrassment of riches on the Democratic side--a half-dozen or so candidates any one of whom would have a ...

I wouldn't have done it. I would have kept the FF rate at 4.75% and dropped the discount rate to 4.75%. But it is a marginal change... Eoin Callan, Michael Mackenzie, and Daniel Pimlott report for the ...

Let's go back to May, to Boca Raton Florida, to the mansion of Sun Capital private equity magnate Marc Leder: Mitt Romney is trying to raise money. He is speaking to those who have paid $50,000 a ...

Here we have yet another unhappy camper: Confessions of a Community College Dean: In Which I Get a Little Panicky: I'm not an economist. Readers who actually understand economics are invited to ...

John Stuart Mill was perhaps the last who was substantially at home in and competent in all the branches of moral philosophy. Afterwards young scholars paying their dues found it impossible to learn ...

If It's Spring, There Must Be a Trustees Report: I always go first to this table, Table IV.B7, which shows the present value of Social Security's unfunded obligations over an infinite horizon. The ...