Politics Roundtable

Politics Roundtable

Political blogs of interest to economists.

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December 9, 2016, 4:18 am, 1701153
(Steven Hayward)

Andy Puzder

Trump has announced that he will nominate Andy Puzder, the CEO of the CKE Restaurants, which includes Carls Jr. and Hardees fast food outlets. ...


December 9, 2016, 4:18 am, 1701152
(Paul Mirengoff)

On December 8, 1967, the St. Louis Cardinals obtained home run king Roger Maris from the New York Yankees in exchange for Charlie Smith. The trade completed a nifty two-step. First, as discussed here, St. Louis acquired Orlando Cepeda to fill the void (and ...


December 8, 2016, 6:18 pm, 1701081

Must-Read: Tony Yates: The Perceived-Grievance-Wrong-Headed Sop Vortex: "A desire to respond to the perceived grievances of those who voted to give incumbent governments a kick...

...But in so far as these grievances are not genuine, responding to them in ways that harm ...


December 8, 2016, 4:18 pm, 1701039
(Steven Hayward)

John Maynard Keynes was right about one thing: economic dynamism depends on “animal spirits,” that is, the appetite for entrepreneurial risk-taking needs to reach a critical mass for an economy to boom. And this isn’t something that can be easily quantified, though the fact that new business startups ...


December 8, 2016, 4:18 pm, 1701041
(Paul Mirengoff)

Attempts to portray Senator Jeff Sessions as a racist continue to run into this problem — African-Americans who know him well aren’t buying in.

I wrote here about Donald Watkins, a Black attorney who attended law school with Sessions in the early 1970s. Watkins says ...


December 8, 2016, 4:18 pm, 1701040
(Paul Mirengoff)

Democrats and their many pals in the mainstream media have been able to find a hook through which to criticize nearly every nominee presented by president-elect Trump. For Sen. Jeff Sessions, it’s bogus allegations of bigotry. For Dr. Ben Carson, it’s lack of subject matter expertise ...


December 8, 2016, 4:18 pm, 1701038

Should-Read: Roberto Bonfatti and Kevin Hjortshøj O’Rourke: Growth, Import Dependence and War: "Existing theories of pre-emptive war typically predict that the leading country may choose to launch a war on a follower who is catching up...

...since the follower cannot credibly commit ...


December 8, 2016, 4:18 pm, 1701037

Live from Tea Party Headquarters: Jonathan Chait: Donald Trump Has Proven Liberals Right About the Tea Party: "Conservatives insisted that what spurred protesters... were the timeless principles of conservative movement thought...

...advocacy of balanced budgets, adherence to a strict constructionist version of ...


December 8, 2016, 12:18 pm, 1700956
(Scott Johnson)

One hundred and three year-old Pearl Harbor survivor Jim Downing was serving on the USS West Virginia at Pearl Harbor on the morning of December 7, 1941. On CNN, Jake Tapper invited former Lieutenant Downing to discuss the Japanese attack on the American fleet on the 75th ...


December 8, 2016, 12:18 pm, 1700955
(Scott Johnson)

Speaking at a gathering of Democrats in Denver last week, Keith Ellison argued that he could both represent Minnesota’s Fifth District in the House and lead the Democratic National Committee if elected its chairman. “All there is to do is to vote ‘no,’” Ellison explained, vowing ...


December 8, 2016, 12:18 pm, 1700953
(Paul Mirengoff)

Donald Trump’s administration will not be an entirely orthodox conservative affair. The Carrier deal so demonstrates.

However, Trump’s nomination of Scott Pruitt to head the EPA demonstrates that, in important respects, the Trump administration will likely be more conservative than that of George H.W. and George ...


December 8, 2016, 12:18 pm, 1700954
(Scott Johnson)

I think Tucker Carlson got the better of the incredibly smug Democratic Rep. Adam Schiff on Tucker’s FOX News show last night. The subject under discussion was Russian cyber hacking in connection with our just concluded election. Schiff should know what he is talking about; ...


December 8, 2016, 12:18 pm, 1700952

The very sharp Ken Rogoff predicts a boom over the next four years: "The biggest missing piece... is business investment, and if it ...


December 8, 2016, 10:18 am, 1700908

Should-Read: Barry Ritholtz: Putting the Minimum Wage Debate into Context: "The modern minimum-wage debate traces back to... Krueger and... Card...

...In the fast-food industry... no reduction in job growth in the market where pay was increased.... Many subsequent studies confirmed... [taht] modest increases ...


December 8, 2016, 10:18 am, 1700907

December 8, 2016, 10:18 am, 1700905

Must-Read: On one level, simply do not panic: Obama12 52.9%, Obama08 51.0%, Bush04 50.7%, Gore00 48.4%, Kerry04 48.3%, Clinton16 48.0%, Bush00 47.9%, Romney12 47.2%, Trump16 46.2%, McCain08 45.7%. This is the same country with the same activated political coalitions we have seen since 2000. Trump ...


December 8, 2016, 10:18 am, 1700906

Comment of the Day: Sherman Robinson: On the Economics of BREXIT: "I largely agree with Simon Wren-Lewis’s comments, and with the quote from Maurice Obstfeld...

...The trade-productivity links they discuss, as Wren-Lewis notes, “all make common sense”.

However, I ...


December 8, 2016, 12:18 am, 1700751
(John Hinderaker)

The federal judge in Michigan who ordered a recount to begin in that state on Monday has now reversed his ruling and withdrawn that order. His reversal was based on an order from a Michigan appellate court to the effect that Jill Stein did not have standing ...