Politics Roundtable

Politics Roundtable

Political blogs of interest to economists.

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April 15, 2014, 10:18 pm, 1256121
(John Hinderaker)

I am no fan of Trotsky, but he was right about one thing: “You may not be interested in war, but war is interested in you.” Many Americans seem to think that they can swear off foreign policy, but it isn’t that easy. I wrote on ...


April 15, 2014, 10:18 pm, 1256120
(John Hinderaker)

Since they lose pretty much every argument, the global warming fraudsters try to tell us that the science is settled, and we should all just shut up. In fact, however, debates over various aspects of climate science are constantly raging. This one is a great example: ...


April 15, 2014, 8:18 pm, 1256093
(John Hinderaker)

The Associated Press tabulates Federal Election Commission findings, and finds that Democrats have opened up a big advantage among outside groups:

Deep-pocketed donors are turning over multimillion-dollar checks to influence November’s elections, and the sums raised by the national parties and their super PAC allies are ...


April 15, 2014, 2:18 pm, 1255895
(Steven Hayward)

I know I wasn’t alone when I heard the news last year that Francis Bacon’s triptych “Three Studies of Lucian Freud” had sold for a staggering $142 million at an art auction.  Who could have been the buyer? ...


April 15, 2014, 12:18 pm, 1255815
(Paul Mirengoff)

Scott Walker has a 16 point lead (56-40) among likely voters in his race for governor, according to a poll from Wisconsin Public Radio/St. Norbert’s. Among registered voters, his lead is essentially the same (55-40).

The survey was conducted between March 24 and April 3. ...


April 15, 2014, 10:18 am, 1255733
(Scott Johnson)

The TCM (Turner Classic Movies) cable channel celebrated its twentieth anniversary yesterday. It did so in grand style, rebroadcasting movies from its first day on the air (Gone With the Wind and It Happened One Night). After GWTW, TCM broadcast an interesting interview with host-for-life Robert Osborne ...


April 15, 2014, 10:18 am, 1255732
(Steven Hayward)

We’ve got a link in our “Picks” section this morning to Bret Stephens’s Wall Street Journal column mockingly titled “Rand Paul for President,” whose subhed suggests that perhaps the GOP, like Democrats in the 1980s, needs to suffer a landslide defeat to get its head on ...


April 15, 2014, 10:18 am, 1255731

Over at the WCEG/EPI:

Please join the Economic Policy Institute and the Washington Center for Equitable Growth: "for a presentation by Thomas Piketty...

...economist from the Paris School of Economics and ground-breaking researcher on income inequality—of the findings in his new book, Capital ...


April 15, 2014, 10:18 am, 1255730

From World War II Today: Edward Young: One of Our Submarines:

04.58. Dived eighteen miles ESE of Port Blair. Ran in at four knots.

Sighted merchant ship steering eastward from Port Blair, escorted by same “screen” as ...


April 15, 2014, 10:18 am, 1255729

Digby: Wingnut welfare queens rebel against the usurpers: "I must admit that I find this to be hilarious:

Republican leaders are stepping up their campaign to discredit tea party activists who are challenging them on Capitol Hill ...


April 15, 2014, 10:18 am, 1255728

April 15, 2014, 2:18 am, 1255559
(Paul Mirengoff)

Fox News reports on a recent survey of 148 insurance brokers which shows that Obamacare is sending premiums upwards at the fastest clip in decades. The survey, conducted by Morgan Stanley, shows an increase in premium costs nationally of about 12 percent. California experienced a ...


April 15, 2014, 12:18 am, 1255529
(John Hinderaker)

I was on the Bill Bennett show this morning talking about the Bundy Ranch confrontation, when suddenly the power went out. So we didn’t get to finish the conversation. Therefore, I will be on again tomorrow at 7:05 EST, 6:05 CST, and we will take it from ...


April 15, 2014, 12:18 am, 1255528
(Steven Hayward)

The Ford Mustang turns 50 years old this week.  Ford’s financial wizards projected that it would sell 100,000 to 125,000 units in the first year.  Even though the car got good advance reviews from the trade press, Ford’s bean counters were unenthusiastic about the Mustang because they ...


April 14, 2014, 10:18 pm, 1255514
(John Hinderaker)

On Saturday, I wrote about the standoff at Bundy Ranch. That post drew a remarkable amount of traffic, even though, as I wrote then, I had not quite decided what to make of the story. Since then, I have continued to study the facts and have ...


April 14, 2014, 6:18 pm, 1255470
(Steven Hayward)

So it’s everyone’s favorite day of the year tomorrow.  Just in time, our pal Remy Munasifi and ReasonTV bring you a remake of Pharrell Williams’ tune “Happy.”  Lyrics at the link to the left.  About two minutes long.

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itVids=function(){}})(jQuery)};jwplayer('jwplayer-
1').setup({"aspectratio":null,"width":580,"height"
:326,"primary":"html5","logo":{"file":"http://www.
powerlineblog.com/pl_vid_bug_BW.png","hide":false,
"link":"http://www.powerlineblog.com","position":"
top-left"},"file":"http://youtu.be/R7-ApK63X_U"});


April 14, 2014, 6:18 pm, 1255469

April 14, 2014, 6:18 pm, 1255468

April 14, 2014, 4:18 pm, 1255408

Reread Essentials, chapter 15 "Fiscal Policy”. Read chapters 18 and 19: “Crises and Consequence” and “The International Economy”

M Apr. 14: The Lesser Depression

Administrivia Fiscal Austerity Monetary Orthodoxy Financial Paralysis Employment Hysteresis The Euro Doing Problems with AD-AS, etc…](http://delong.typepad.com/sdj/2014/04/prin
ciples-of-economics-macroeconomics-doing-problems-
with-ad-as.html)


April 14, 2014, 4:18 pm, 1255407

April 14, 2014, 4:18 pm, 1255405

April 14, 2014, 4:18 pm, 1255406

April 14, 2014, 12:18 pm, 1255228
(Paul Mirengoff)

When a lie becomes an article of faith not just for a movement for an entire political party, that lie is probably here to stay. So it is with the Lilly Ledbetter lie, repeated most recently by Ruth Marcus of the Washington Post.

...


April 14, 2014, 12:18 pm, 1255227
(Steven Hayward)

When Colorado and Washington state moved to legalize consumer use of marijuana, it seemed obvious to me that setting up snack food carts (and Girl Scout cookie stands) outside of pot dispensaries was the obvious growth industry.  Well behold–the nation’s first pot vending machine, coming soon ...


April 14, 2014, 12:18 pm, 1255226
(Paul Mirengoff)

We will, I suspect, be reading other stories about Hillary Clinton like this one, if the mainstream media is willing to pursue them. From today’s Washington Post, under the headline “For Clinton and Boeing, a beneficial relationship”:

On a trip to Moscow early in ...


April 14, 2014, 10:18 am, 1255153
(Scott Johnson)

I am advised by a knowledgeable source that Brandeis University has engaged or is in the process of engaging a crisis management firm. Brandeis finds itself needing to manage the crisis created by its invitation to Ayaan Hirsi Ali to receive an honorary degree, followed by the ...