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The Debt Ceiling Will Be Here Sooner Than We Thought 27 Aug 2013 | 04:21 am
I’m just back from dual vacations, and I’m tempted to turn right back around. As readers may have noticed, I’ve been on a spiritual vacation from writing about the upcoming fiscal madness, including ...
Wage Stagnation, Market Outcomes, and the Progressive Target for Economic Policy 27 Aug 2013 | 03:23 am
Riffing off of an important new study from EPI, over at the NYT Economix blog. BTW, there’s one thing I wanted to add here, as the NYT piece was already getting too long. This is a key point of the ...
Sequester Watch, #19 27 Aug 2013 | 01:31 am
This week, as many students head back to school, the sequester’s Head Start cuts mean that 57,000 low-income kids will not. Wahpeton, ND illustrated Head Start spots that fell victim to the sequester...
Hey, What’d I Miss? OTE Summary, 8/20 – 8/26 26 Aug 2013 | 09:36 pm
Over at the NYT Economix blog: looking at the impact of the Affordable Care Act on part-time work. Explaining why economics doesn’t qualify as a science, and, more fundamentally, asking what is it g...
Is Economics a Science? (Spoiler alert: Nope…) 26 Aug 2013 | 09:05 am
Here’s an engaging read from this AMs NYT on why economics doesn’t qualify as a science, and, more fundamentally, asking what is it good for, anyway? On the first point, you’d probably be hard presse...
Dr. King, The March on Washington, and Full Employment 23 Aug 2013 | 03:41 am
As we approach the 50th anniversary of the historical civil rights march on Washington, a number of analyses have raised hard questions about the lack of economic progress among African-Americans. Th...
A Bit More on Obamacare and Part-Time Work 22 Aug 2013 | 10:45 pm
Could it be that Sen. Ted Cruz and other rabid opponents of Obamacare were just waiting for some simple, convincing econometrics showing the lack of evidence regarding the law’s impact on the creation...
The Sept. Taper Is Not a Slam Dunk (Plus: Here’s Benji, the Tapering Tapir!) 22 Aug 2013 | 07:03 pm
As regards the Federal Reserve beginning to taper its asset buying program in next month, I recently suggested that the it’s less of a slam dunk than many market participants think it is. The minutes...
A $20 Billion Wrinkle in the Upcoming Budget Battle 21 Aug 2013 | 11:20 pm
For those focused on the upcoming budget debate, Greg Sargent raises an important point, one that’s worthy of your attention. Put on your boots—we’re going deep into the fiscal muck on this one. At ...
I Can No Longer Sit on the Sidelines in the Debate Over the Next Fed Chair 21 Aug 2013 | 08:03 am
“I wouldn’t want Larry Summers to mow my yard.” That little gem was uttered Monday by Senator Pat Roberts (R-Kan) in what has to be a fight the White House really doesn’t want to have right now. The...