Number of comments: 15 Under depression-type conditions, with short-term interest rates near zero, there's no reason to think that lower wages for all workers - as opposed to lower wages for a particular group of workers - would lead to higher employment. [...]
Number of comments: 15 The anti-global-warming people are just filled with hate for anyone who suggests that maybe, just maybe, the vast majority of scientists are right. [...]
Number of comments: 15 It's just destructive to denounce the program we can actually get -- a program that can be made increasingly effective over time -- in favor of something that can't possibly happen in time to avoid disaster.' [...]
Number of comments: 15 If these countries can run up debts of more than 100 percent of GDP without being destroyed by bond vigilantes, so can we. [...]
Number of comments: 15 It would be a very, very bad thing if the administration is intimidated into passivity -- or, worse, into neo-Hooverism -- by the threat from invisible, probably imaginary enforcers. [...]
Number of comments: 15 By itself, the AIG story would be damaging enough. But it's part of a pattern -- and that pattern has ended up undermining the economy's prospects, big time. [...]
Number of comments: 15 Until now it really has seemed as if there was nothing, nothing at all, that someone on the right could say and do that would make them unacceptable in polite company. [...]
Number of comments: 15 Back when men were men and women were property, they had ways of dealing with obstructionist tactics from the legislative opposition: [...]
Number of comments: 15 In Dick Armey's world, in fact on the right as a whole, the affirmative-action-made-them-do-it doctrine isn't even seen as a hypothesis.' [...]
Number of comments: 15 If I had to make a guess, the fastest progress in the technology of daily life -- the biggest changes -- probably came between the 1880s and the 1920s. [...]
Number of comments: 15 There's no measure I can think of by which the U.S. economy has done better since 1980 than it did over an equivalent time span before 1980. [...]
Number of comments: 15 Obama, being who he is, apparently feels compelled to give at least rhetorical obeisance to the CW. We can only hope that his economists, who know better, can convince him not to act on it. [...]
Number of comments: 15 You might have thought that the worst economic crisis since the 30s, a crisis that should not have happened according to non-Keynesian models, would prompt at least a little intellectual curiosity. But no. [...]
Number of comments: 15 Basically, we started out with a year that matched the Great Depression, but have since pulled back a bit from the edge of the abyss. [...]
Number of comments: 15 Even now, any mention of anything good that happened between the end of 1992 and the beginning of 2001 is like waving a red flag. [...]
Number of comments: 15 If I were a politician, I'd focus on providing real improvements in peoples' lives, rather than seeking deficit reductions the public won't even hear about.' [...]
Number of comments: 15 The good news from the new GDP report is that the fiscal stimulus seems to be working just about the way a sensible Keynesian approach says it should. That's also the bad news. f [...]
Number of comments: 15 At this rate, we wouldn't reach anything that feels like full employment until well into the second Palin administration.' [...]
Number of comments: 15 Yhe problems that faced nations on the gold-standard in the 1930s are being replicated in countries pegged to the euro or the dollar today. [...]
Number of comments: 15 The idea that the typical American's retirement basically depends on the stock market is utterly wrong; that's only true for a small elite. [...]
Number of comments: 15 The refusal of the Superfreakonomists to take responsibility for their failed attempt to be cleverly contrarian on climate change is a sad spectacle to watch. [...]
Number of comments: 15 I sometimes think that the whole renminbi/yuan issue is a sinister plot by the Chinese designed specifically to deter people from discussing Chinese currency policy. [...]
Number of comments: 15 Sound-bites and slogans are mattering less, and CBO estimates are mattering more. And this is pushing reform in a progressive direction. [...]
Number of comments: 15 The persistent belief among some of the erstwhile loyal Bushies that they still represent the majority, that their supporters are the "real America", is, well, deranged. [...]
