Sure, schooling Nobel Prize-winning Ph.D.s from the London Schol of Economics on the folly/hypocrisy of cherry-picking is an ugly job, but someone’s got to do it! And who better, really, than someone with a BA in English from Oberlin College? Yeah, ole Daron put his foot in it, all right, and I’m just the guy…
Tag: Economic policy
Shorter Jamie Dimon: You’re calling me a “whore”? I prefer the term “businessman”.
Sorry, Jamie, but even by “businessman” standards—if they still exist—you’re a whore, and a pretty goddamn big one too. Here’s Jamie talking to CNBC about the state of the world, after meeting with Ukrainian president Volodymyr Zelenskyy (Ukrainian spelling as per Wikipedia): But, you know, my heart goes out to the guy. I mean, people…
Income inequality, muddle or myth? Or just plain irrelevant?
Brad DeLong, the grasping hands guy, with whom I have previously tussled on a number of occasions, recently ran a piece, Is America Today Really No More Unequal Economic Class-Wise than It Was in 1960?, attempting to sort out recent claims regarding prior claims regarding an alleged increase in economic inequality in the world today….
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?”,…
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,…