SUVs illustrate how the US is rejecting greenhouse gas reduction.
Thursday, September 25, 2025
Impoverished Economics? Unpacking the Economics Nobel Prize
Yves here. Even thought the mainstream media, as usual, duly applauded the winners of this year’s “Nobel” prize in economics, there’s been less attention paid to the recipients than usual and far more criticism, some very measured, others more critical. The winners helped develop and promote an approach to development economics they called “randomized control […]
2:00PM Water Cooler 10/18/2019
Today’s Water Cooler: Biden, Bloomberg (!), Buttigieg, Gabbard, Sanders, Warren, impeachment (Mulvaney and Biden), leading indicators, Extinction Rebellion, water follies, Amazon, feet loaf
Brexit: Over to Parliament
Hand to hand Brexit combat is on.
Researchers Detail How Slashing Pentagon Budget Could Pay for Medicare for All While Creating Progressive Foreign Policy Americans Want
Even if you beleve that taxes fund federal spending, a new study shows it is not necessary to raise taxes to pay for Medicare for All.
Marshall Auerback: Will the GOP Become the Party of Blue-Collar Conservatism?
Is the GOP willing to embrace a historical political realignment to become an ally of laborers, or at least manufacturing workers?
2:00PM Water Cooler 10/17/2019
Today’s Water Cooler: Open thread
Are Cognitive Frameworks Hard-Coded in Language Driving Humanity to Crisis?
Is language, or more specifically, notions strongly represented in major modern languages, a big culprit in our inability to contend with self-induced existential threats?
Facebook’s Libra Faceplant: Beware of CEO Bright Ideas
Libra is going nowhere fast.
A Bitter(Sweet) Pill: The Impacts of Private Provision of Medicaid
A study on Texas turning Medicaid over to private contractors shows mixed results, which is better than most critics would expect. But does this study attribute bennies to privatization that aren’t justified?
Automation Armageddon: a Legitimate Worry?
Yves here. Readers will notice a marked disconnect between Michael Olenick’s grim account of the impact of the automation of the early industrial era on workers’ lives as to his more sanguine posture for the future. One way to reconcile the two is that major shift in automation can have significant transition costs in terms […]
2:00PM Water Cooler 10/16/2019
Today’s Water Cooler: Turkey and automobile production, Biden, Sanders squad endorsements, Warren, the debate, impeachment, retail sales, business inventories, housing market, retail, Dutch tulips, the Cloud, OS X mail bug, shale, autumm leaves, GM strike, brain tuning, Pumpkin Spice for Men
The People’s Money (Part 1)
An explanation of the Federal Reserve money system.
