Lindsey Wilson writes:
Please look over your comment and make revisions (or let me know if everything is okay). The transcript wasn’t in good shape this time so we had to guess on some of the comments; therefore, please review your remarks carefully.
Bradford DeLong argued that the [...]
The Copenhagen climate summit is in disarray after developing nations walked out of the conference early Monday, reports BBC. At issue: Whether Copenhagen will ditch the old Kyoto Protocol. That means the climate confab is temporarily suspended.
A walkout by poor countries was always an option, The Guardian notes, [...]
I am bit embarrassed to admit this, but the answer is Lady Gaga. Her music reminds me Blondie, which I enjoyed back in my student days. I particularly like the Lady Gaga song Bad Romance.The fact that the ARRA was not big enough to put the unemployment rate on a downward trajectory is unfortunate. But now CBO joins in with its assessment that it is indeed working.
Menzie Chinn writes:
Econbrowser: CBO's Assessment of ARRA's Impact on Q3 Output and Employment: From CBO's just' [...]
From CBO's just released Estimated Impact of the American Recovery and Reinvestment Act on Employment and Economic Output as of September 2009 :
...Economic output and employment in the spring and summer of 2009 were lower than CBO had projected at the beginning of the year. But in CBO's judgment, that outcome reflects greater-than-projected weakness [...]
Suffolk University’s Ben Powell — a GMU economics PhD — reminds us why the pilgrims had reason to be thankful: they got rid of a turkey of an economic arrangement. Here’s a selection from Ben’s short essay:
In 1620 Plymouth Plantation was founded with a system of communal property rights. [...]
I've had many readers emailing me, asking what I think of the "trove" of emails unearthed from climate change researchers. I'll admit I haven't read through the rather embarrassing revelations, I've only read a few media summaries and excerpts. I see a few lessons:
1. Do not criticize other [...]
Here.
The narrative is more important than the facts. People like the narrative because it pleases them. Not because it’s true. Truth is elusive.
But evidence and facts do matter.
So when someone says the TARP was central to preventing disaster, don’t disagree. Don’t talk about how evil and anti-democratic it was [...]