Mark Thoma has an interesting (and quite technical) piece examining the ramifications of Apple's iPhone price cut. I don't doubt that from an economic standpoint his analysis is correct, but... [More]
September 8, 2007
Why Economic Analysis So Often Gets Things Wrong
Mark Thoma has an interesting (and quite technical) piece examining the ramifications of Apple's iPhone price cut. I don't doubt that from an economic standpoint his analysis is correct, but... [More]
September 9, 2007
The Paradox That Isn't
You would think the editor in chief of Foreign Policy magazine would know better than this: It's an odd situation: Free-trade negotiations are crashing, one after another, but at the... [More]
September 15, 2007
$8 Million Later, He Finally Tells Us
Could someone please explain to me why Alan Greenspan waited until he was out of office to say this: In the 500-page book, “The Age of Turbulence: Adventures in a... [More]
September 19, 2007
Welcome Back NYT!
What better way to celebrate the re-emergence of the NYT columnists into the free world than to pick on Thomas Friedman? The man has one idea: the world is changing.... [More]
September 20, 2007
Maybe Bernanke Needs To See A Shrink?!?
Former Fed Chairman Alan Greenspan, earlier this week: Greenspan seems to argue that since the case for capitalism is so overwhelmingly rational, the opposition to it must surely stem from... [More]
September 21, 2007
"The most severe since the Great Depression""
Oh. My. God: Fresh economic shocks on the scale of the present credit squeeze will occur if US house prices continue to fall, one of the country's leading housing experts... [More]
September 24, 2007
If You Disagree With the President, You Must Be A Democrat
This isn't a new phenomenon. For years now, anyone on the right who has stood up to oppose the president has been declared an outcast, a traitor, and - gasp!... [More]
September 25, 2007
Quote of The Day II
Atrios: I just learned on NPR that "until recently" GM employees had health care benefits which were "extremely generous" because... get this... you could include your wife and children essentially... [More]
September 27, 2007
More Evidence of a Bursting Bubble
NYT: Purchases of new homes fell to an annual rate of 795,000, an 8.3 percent decline from July, as inventory levels rose to their highest level since March, the Commerce... [More]
The Myth of Moral Hazards
I noticed this in today's NYT article about the GM-UAW deal, too. Kevin Drum explains the NYT's nonsense here. I begin to answer his question over on the blog for... [More]
Headline of the Day
McClatchy: Greenspan sees threat of '70s-style inflation... [More]
September 28, 2007
A Nation of Tax Revolters? Hardly.
I know that I'm fighting a losing battle here, but I'm going to fight nonetheless. This story about our history being "founded in a tax revolt" is so deeply misleading... [More]
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