Politics Roundtable

Politics Roundtable

Political blogs of interest to economists.

RSS Feed

- Recent Entries


August 29, 2016, 2:18 pm, 1668510
(Steven Hayward)

Warning: This post can’t achieve a PG-13 MPAA rating even with a heavy use of asterisks. As regular readers know, we have some regulations informal guidelines about content here, but sometimes the news, like the latest junk about Anthony Weiner’s junk, compels testing the outer limits. The ...


August 29, 2016, 2:18 pm, 1668509

Zack Beauchamp: You can’t explain Trump’s conservative media appeal without talking about race:

Oliver Darcy... argues that Republican elites encouraged conservative voters to embrace alternative, hard-line right-wing media outlets--which made ...


August 29, 2016, 12:18 pm, 1668462

Over at Equitable Growth: Larry Summers says that he is disappointed along three dimensions at what came out of the Federal Reserve's Jackson Hole Conference. I think Summers is right to be disappointed. ...


August 29, 2016, 12:18 pm, 1668461

Read MOAR Over at Equitable Growth WTF?! A 15% chance that the Fed Funds Rate will be 4.75% or higher in 27 months? Only a 15% chance that the Fed Funds rate will be effectively zero in 27 months?

Janet Yellen: Figure 1: ...


August 29, 2016, 12:18 pm, 1668459

Must-Read: Anna Aizer et al.: Do Low Levels of Blood Lead Reduce Children's Future Test Scores?:

Linking preschool blood lead levels with third grade test scores for eight birth cohorts of Rhode Island children born between 1997 and 2005...

...


August 29, 2016, 12:18 pm, 1668460

Wikipedia: Battle of Rhode Island:

On the morning of August 28, the American war council decided to withdraw the last troops from their siege ...


August 29, 2016, 10:18 am, 1668418
(Scott Johnson)

This past October 16 the Rathergate film Truth opened in more than a thousand theaters around the country. John and I warned viewers not to take the film at face value in the Weekly Standard article “Rather shameful.” On the film’s opening weekend the Star ...


August 29, 2016, 10:18 am, 1668417
(Scott Johnson)

Following up on Andy McCarthy’s NR column on the $1.31 billion in ransom payments to Iran (apart from the $400 million in cash) and on my related post, a reader with background in federal law enforcement writes:

I saw your post regarding the suspicious transactions totaling ...


August 29, 2016, 10:18 am, 1668416

Must-Read: Indeed, I think Summers is right to be disappointed. From my perspective, the most interesting things about the Fed and monetary policy to come out in the past week were written by people who were not at the Federal Reserve's Jackson Hole Conference...

Larry Summers: ...


August 29, 2016, 10:18 am, 1668415

August 29, 2016, 8:18 am, 1668376

Over at Equitable Growth: Must-Reads:

Patrick Wallis et al.: Puncturing the Malthus Delusion: Structural change in the British economy before the industrial revolution, 1500-1800: Accounts of structural change in the pre-modern British economy vary ...


August 29, 2016, 6:18 am, 1668334
(Paul Mirengoff)

The name Gilbert Chagoury will be familiar to many readers. He’s a friend of Bill Clinton and a major donor to the Clinton Foundation. According to Judicial Watch, which cites Clinton Foundation documents, Chagoury has appeared near the top of the Foundation’s donor list ...


August 28, 2016, 10:18 pm, 1668284
(John Hinderaker)

I will guest host the Laura Ingraham radio show tomorrow from 9 to 12 Eastern time. I think Laura may be off prepping Donald Trump for the debates, but I am not sure about that.

We will have some excellent guests, including Larry Kudlow, Michael Barone, Kelli Ward and ...


August 28, 2016, 10:18 pm, 1668282
(Paul Mirengoff)

We’ve written from time to time about America’s under-incarceration problem — the fact that criminals whose records clearly show they should be in jail are instead free and on the streets committing violent crimes, including some very bloody, high-profile ones.

Here’s the latest example. ...


August 28, 2016, 10:18 pm, 1668283
(John Hinderaker)

We are bombarded with claims that some month or year (e.g., 2016) is the “warmest ever.” But what does that mean? We are living in a relatively cool era. Temperatures today are lower than they have been something like 90% of the time since the last Ice Age ...


August 28, 2016, 8:18 pm, 1668272

Live from the Journamalists' Self-Made Gehenna: I see an extremely strange, weird, and wrong white-washing of Barry Goldwater by Louis Menand in the New Yorker...

Goldwater, according to Menand, was: "[no] kind of racist... a lifelong opponent ...


August 28, 2016, 4:18 pm, 1668248
(John Hinderaker)

At the Telegraph, Simon Heffer reviews the condition of Britain’s National Health Service after 68 years and finds: “The NHS will simply collapse unless politicians have the courage to reform it.”

According to Government figures, the £437 million spent in the first year of the NHS’s existence in 1948-49 ...


August 28, 2016, 4:18 pm, 1668247
(John Hinderaker)

Mylan NV has been taking a lot of abuse for sharply raising the price of its popular EpiPen. The Wall Street Journal explains the background on the price increase. It isn’t, as I would have assumed, a case of patent protection. The patent on epinephrine ran out ...


August 28, 2016, 12:18 pm, 1668224
(Scott Johnson)

When Don McLean came to Dartmouth in the spring of 1972 or so, he might have been the last man on the circuit I wanted to see. I was done with folk music, so I thought. I had moved on to the Grateful Dead and the ...


August 28, 2016, 12:18 pm, 1668223
(Scott Johnson)

At the New York Sun last week, Claudia Rosett tentatively reported the mechanics of the Obama administration’s payment of the $1.3 billion tranche of the ransom to Iran. She discovered what Andy McCarthy calls “a bizarre string” of 13 identical money transfers of $99,999,999.99 each ...


August 28, 2016, 12:18 pm, 1668222

Must-Read: I don't know if I dare show this to Joachim Voth, lest he be thereby driven into shrill unholy madness, and have to abandon his cushy chair at Zürich for one at Miskatonic University in haunted Arkham, MA...

There were a great many people who firmly ...


August 28, 2016, 10:18 am, 1668194


August 28, 2016, 10:18 am, 1668195

Must-Read: One of the pieces of the Bagehot rule for dealing with a financial panic is the penalty rate piece: the managers, option holders, and shareholders of institutions that need the lender of last resort should not profit thereby. Lender-of-last-resort loans should be made at painfully ...


August 28, 2016, 10:18 am, 1668193

Must-Read: Bradley A. Hansen: Ironic Origins of Libertarianism:

"Some liberty-loving soul had donated a copy of John Hospers’s Libertarianism: A Political Philosophy for Tomorrow (1971) to my local public library... 

"...While I doubt I would find Hospers’s ...


August 28, 2016, 4:18 am, 1668149
(Paul Mirengoff)

This past week, Turkey entered the fight in Syria against ISIS to much ballyhoo from the mainstream media. But according to Christoper Caldwell, who quotes the German weekly Der Spiegel, “ISIS is a pretext, the Kurds are the target.”

Says Caldwell, Turkey’s ...


August 28, 2016, 12:18 am, 1668136
(John Hinderaker)

At the New York Post, Carl Campanile and Danika Fears make a good point: “Hillary, Trump too busy insulting each other to focus on Obama’s weak economy.”

Hillary Clinton and Donald Trump are too busy trading barbs on hot-button topics like race and immigration to discuss the economy, ...


August 28, 2016, 12:18 am, 1668135
(Paul Mirengoff)

FBI director James Comey says he didn’t recommend indicting Hillary Clinton over her use of a private server to send and receive classified information because she lacked intent to mishandle such information. The relevant statutes didn’t require intent, but Comey read the requirement into the law based ...