Politics Roundtable

Database Maintenance 7/4/15

Routine database maintenance will induce some duplicated items for the next day or two.


Politics Roundtable

Political blogs of interest to economists.

RSS Feed

- Recent Entries


July 30, 2015, 8:18 pm, 1518936
(Steven Hayward)

Sen. Tom Cotton shows how it’s done in his questioning of Secretary of State John Kerry in yesterday’s hearing on the Iran agreement. About eight minutes long: (more…)


July 30, 2015, 8:18 pm, 1518935
(Steven Hayward)

A great many readers were not happy with my analysis here the other day of the moving parts of Mitch McConnell allowing a vote on an amendment to the transportation bill that would revive the Export-Import Bank, after having apparently promised to Cruz and/or the GOP Senate ...


July 30, 2015, 6:18 pm, 1518870
(Steven Hayward)

As noted yesterday, Hillary is keeping a path open to head to the tall grass over Planned Parenthood. The White House is hedging over whether it will veto a bill from Congress defunding Planned Parenthood. I suspect Planned Parenthood has a pretty good idea of what is on ...


July 30, 2015, 4:18 pm, 1518796
(John Hinderaker)

The Center for Medical Progress released its fourth undercover Planned Parenthood video today. I won’t attempt to characterize it in detail, except to say that most will find it shocking, especially the last three minutes. There is one exchange that I can’t believe means what it seems to ...


July 30, 2015, 4:18 pm, 1518795

Live from Bullwinkle Plaza: Where oh where are Nate Silver and Sam Wang on this?:

PredictWise: 2016 President--Republican Nomination:

The only four things truly on-point are:


July 30, 2015, 4:18 pm, 1518794

Must-Read: Steven Greenhouse: Jeb Bush 'Should Be Embarrassed' by His Overtime Pay Claims: "Jeb Bush... said Barack Obama’s proposal to expand overtime pay...

...would result in “less overtime pay” and “less wages earned”.... Daniel Hamermesh, a University of Texas labor economist, ...


July 30, 2015, 2:18 pm, 1518712

Worth Attending If in Town: Bernie Sanders: Conference on the Greek Debt Crisis: Rm 902 Hart Senate Office Building. 2:30 PM, Thursday July 30th...

...Participants: U.S. Sen. Bernie Sanders. Joseph Stiglitz, Senior fellow and chief economist at Roosevelt Institute. James Galbraith, University ...


July 30, 2015, 12:18 pm, 1518625
(Paul Mirengoff)

By now, almost everyone has seen the list of presidential candidates who had excellent poll numbers the year before the race, but who eventually faded or collapsed. I won’t rehearse the full list, but think of Rudy Giuliani and Howard Dean.

I believe Donald Trump will join this ...


July 30, 2015, 12:18 pm, 1518624
(Paul Mirengoff)

Law professor John McGinnis finds that Ivy League schools are giving short shrift to conservative Supreme Court justices when they confer honorary degrees. Is anyone surprised?

The numbers are stark.

Of the fourteen honorary degrees bestowed by Ivy League institutions to living Supreme Court justices twelve went ...


July 30, 2015, 12:18 pm, 1518621

Live from Bullwinkle PlazaHarry Reid: On Twitter: "Been carrying this in my wallet a long time..." http://t.co/ZoiqsoVwdk

Been carrying this in my wallet a long time. It shows you how long Republicans have been wrong about health care. pic.twitter.com/ZoiqsoVwdk

— Senator Harry Reid ...


July 30, 2015, 12:18 pm, 1518623

Must-Read: I had always thought that we had a mixed economy and the social safety net in large part to counter and correct the market's judgment as to who deserved to have resources used for their benefit. And I had always thought that this was an obvious ...


July 30, 2015, 12:18 pm, 1518622

Must-Read: Paul Krugman: The Euroskeptic Vindication: "Conventional Hicks/Keynes macroeconomics--whether or not you dress it up in New Keynesian algebra--has performed very well...

...Anti-Keynesians keep making more or less desperate efforts to refute this proposition, usually by taking something I said out ...


July 30, 2015, 10:18 am, 1518541
(Scott Johnson)

McClatchy DC has three reporters with bylines on “Facts in Hillary’s ‘secret’ emails came from five intelligence agencies.” That headline should probably read “five (count ’em) intelligence agencies.”

The McClatchy story doesn’t add much to what we already know, but it is must reading. ...


July 30, 2015, 10:18 am, 1518540
(Scott Johnson)

In his capacity as chairman of the relevant Senate subcommittee, Senator Cruz “gave a hard-hitting opening statement, comparing the [IRS]’s actual abuses of political opponents during the Obama presidency to Richard Nixon’s unsuccessful attempt to use the agency to target political adversaries.” So says Andrew McCarthy


July 30, 2015, 10:18 am, 1518539

History.com: Battle of Hooge:

In Flanders, Belgium, on July 30, 1915, the Germans put their new weapon, the flammenwerfer, or flamethrower, to devastating use against the Allies at the Battle of Hooge.

The Battle of Hooge represented one ...


July 30, 2015, 10:18 am, 1518537

Live from Bullwinkle Plaza: Michael Cohen: "The congressional debate on the Iran deal... will be high-volume Kabuki theater...

...For most Democrats, there is little interest in undercutting a president of their own party.... Republicans... have little to gain from its demise... the ...


July 30, 2015, 10:18 am, 1518538

Alfred Marshall and Mary Marshall (1885), Economics of Industry, Book III: Market Value: Chapter 1: Changes in the Purchasing Power of Money http://tinyurl.com/dl20110818j:

(4) After every crisis, in every period of commercial depression, it is said that supply is in excess of demand. ...


July 29, 2015, 10:18 pm, 1518213
(Steven Hayward)

Let’s begin with everyone’s favorite conservationist, Teddy Roosevelt. Roosevelt loved the big animals of Africa. He especially liked to shoot them. Somehow he is still a revered figure, unlike Thomas Jefferson and Andrew Jackson.

Well times change, you ...


July 29, 2015, 10:18 pm, 1518212
(Steven Hayward)

Haven’t had much climate change news for a while. Can’t Donald Trump say something outrageous about it so we can kickstart the issue?

There’s actually lots of fun climate news right now, but it is getting lost in the ether.

First, there’s a new explanation for the temperature pause that ...


July 29, 2015, 10:18 pm, 1518211
(Paul Mirengoff)

The IRS is in hot water once again with no-nonsense federal district court judge Emmet Sullivan over Lois Lerner’s emails. A year ago, Judge Sullivan ordered the IRS to explain in writing and under oath how some of Lerner’s emails went missing, and to detail ...


July 29, 2015, 10:18 pm, 1518210

Must-Read: Jérémie Cohen-Setton, Joshua K. Hausman, and Johannes F. Wieland: Supply-Side Policies in the Depression: Evidence from France: "The effects of supply-side policies in depressed economies... evidence from France in the 1930s...

...In 1936, France departed from the gold standard and ...


July 29, 2015, 8:18 pm, 1518150
(Steven Hayward)

Of course Hillary Clinton hedges over everything—did you see her dodge when asked about the Keystone XL pipeline? Even the Washington Post’s Chris Cillizza called it “ridiculous.”

I wonder what Cillizza makes of her comment this morning about the Planned Parenthood videos? While Hillary professed that she’s unalterably ...


July 29, 2015, 8:18 pm, 1518149
(Scott Johnson)

Testifying before the Senate Armed Services Committee today, Chairman of the Joint Chiefs of Staff Martin Dempsey put some daylight between himself and the Commander in Chief on the question of our options with Iran. President Obama, of course, serves up the choice as between the Iran ...


July 29, 2015, 8:18 pm, 1518148

Over at Equitable Growth: Last month the sharp and hard-working Jeff Spross wrote:

Jeff Spross: Why Americans Are so nostalgic About the Manufacturing Industry: "The U.S. still manufactures a lot of stuff, but most of it isn't stuff average American consumers buy...


July 29, 2015, 8:18 pm, 1518147

Must- and Should-Reads:

Martin Feldstein: The U.S. Underestimates Growth William Gale: State income tax cuts: Still a bad idea Jody Shenn: "Thanks ...


July 29, 2015, 6:18 pm, 1518079
(Steven Hayward)

Last weekend I declared an “open thread” on Trump along with some “interrogatories,” which is a little misleading since all of our posts are open to comment with everyone who is signed up for one of the filtering mechanisms that prohibit anonymous comments. (We do this, FYI, ...


July 29, 2015, 4:18 pm, 1518002

Live from Evans Hall (Must-Read If You Could): Jeremie Cohen-Setton**: How Binding Is the Trilemma in a Currency Union?: Evidence from the Fed: The semi-autonomy of the regional reserve banks and...

...in particular, the non-uniformity of discount rates across districts in the early ...