Over at Bloomberg, Christopher Flavelle asks the excellent question “Why Are Corporate Titans So Clueless at Politics?” Chris covered a recent Business Roundtable shindig, and here’s what he has to say: The Business Roundtable, an association of chief executive officers of the largest U.S. companies, held a lunch for reporters this week on what’s wrong…
Search Results for: economic growth
Brad DeLong, Professor of Economics and Censorship
I’m a huge fan of Brad DeLong’s “Grasping Reality with Both Hands” blog. Like Brad, I’m a pro-stimulus Krugmanite (or at least “Krugmanite-ish”) with a special interest in economic history, particularly the whole “European Miracle” thing. Unfortunately, I part company with Brad on global warming. My position is, yeah, it’s getting warmer, and it’s definitely…
OMG! I’m turning into Larry Summers! But not all the time!
The truth can be ugly, can’t it? Here are, courtesy of frequent good guy yet employed by the American Enterprise Institute James Pethokoukis, a number of cogent (I think) charts to illustrate a recent cogent (I think) talk by Larry at the Peterson Institute for International Economics titled “What Should the 2023 Washington Consensus Be?”,…
Yeah, I flunked Econ 101! What’s your point?
As a matter of fact, I I didn’t flunk Econ 101, because I never took it! So what? To quote Mel Brooks, I’m an old man and I’ve got a right to talk. And, to quote another old man, Richard Nixon, “I am not an intellectual, but I do read books!” Well, I do and…
Yo, Fareed Zakaria! Biden administration national security advisor Jake Sullivan is not “fiercely intelligent”! Unless by “fiercely intelligent” you mean “totally stupid”!
The good news is that we have a “Biden Doctrine”, says the WashPost’s Fareed Zakaria. The bad news is, it’s a Biden doctrine. Innocently spelling out the bad news for us is Biden national security dude Jake Sullivan—“fiercely intelligent”, Fareed tells us, fiercely, as though a little afraid that Jake might punch him out at…
Q: Why did neoliberalism replace social democracy? A. Because social democracy failed. Next question!
“No, I Do Not Think the Microprocessor Doomed Social Democracy”, a substackin’ Brad DeLong exclaims, linking to a “very nice” (Brad says) piece by Arthur Goldhammer in Democracy, Chip Shots, a review of Chris Miller’s Chip War: The Fight for the World’s Most Critical Technology and quoting an extensive chunk of it, edited by Brad,…
Banning TikTok pushes buttons right and left.
Why ban TikTok? Because China! Because Internet! Banning TikTok may or may not be the answer to a maiden’s prayer, but for many Democrats and Republicans, it is a much needed balm for all their wounds, or so they are so foolish to believe. Democrats and Republicans are unhappy because neither can command the support…
The Republicans: WTF Happened to this Party? Part II Part 2: Matthew Continetti and The Right
A few years ago, I wrote an extended piece bearing the title The Republicans: WTF Happened to this Party?. Recently, in response to a couple of engaging (relatively) meas culpas—Matthew Continetti’s The Right The Hundred Year War for American Conservatism and Tim Miller’s Why We Did It—I began preparing an update. I originally planned to…
California’s high-speed rail project not so hot, the New York Times discovers
This just in! How California’s Bullet Train Went Off the Rails! Yeah, the NYT’s Ralph Vartabedian has the story on California’s long-struggling mega-mega project, a 200 mph bullet train running between San Francisco and LA, aka “the train to nowhere”: America’s first experiment with high-speed rail has become a multi-billion-dollar nightmare. Political compromises created a…
Ezra Klein is an idiot! And so is his wife! Occasionally!
Okay, let me unpack this. On Sunday, Ezra published a really stupid column, Why a Middle-Class Lifestyle Remains Out of Reach for So Many, which, among other things, quoted from a really stupid article in the Atlantic, The Great Affordability Crisis Breaking America: In one of the best decades the American economy has ever recorded,…