Politics Roundtable

Technical Problems 3/9/15

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Politics Roundtable

Political blogs of interest to economists.

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May 28, 2015, 12:18 am, 1481601
(Steven Hayward)

Very interesting first day of the new Parliament in Britain this morning, where some Labourites expressed their anger at the SNP—the Scottish nationalists who crushed Labour’s former stronghold up north and threaten to make Labour a permanent minority party—but which culminated in the Speaker of the House upbraiding ...


May 27, 2015, 10:18 pm, 1481567
(Paul Mirengoff)

The Washington Post reports that Iraq’s Shiite militias have launched an offensive intended to put a stranglehold on ISIS fighters in Ramadi by cutting off ISIS supply lines and besieging the city.

The Shiite militias in question are heavily influenced, if not dominated by Iran. ...


May 27, 2015, 8:18 pm, 1481544
(Steven Hayward)

Richard Horton, the editor of The Lancet, the pre-eminent medical journal that was stung by one of the worst science frauds of the last decade (Andrew Wakefield’s phony vaccine-autism link paper), has a fascinating note reporting on the conversations at a recent conference of scientists in the ...


May 27, 2015, 8:18 pm, 1481543

Note to Self: Rereading Etienne Mantoux: La Paix Calomniée, ou les Conséquences Économiques de M. Keynes. "The Calumniated Peace" of Versailles. OK. So why is the title of the English translation The Carthaginian Peace? Who decided to replace "Caluminiated" with "Carthaginian", and why?

Recall ...


May 27, 2015, 4:18 pm, 1481401
(Steven Hayward)

Lenin said capitalists would sell the rope with which they’d be hanged, which intersects Churchill’s famous definition that  “An appeaser is one who feeds a crocodile, hoping it will eat him last.” Both of these came to mind a couple years back when the news leaked out that ...


May 27, 2015, 2:18 pm, 1481324
(Paul Mirengoff)

Bill Clinton is unsurpassed at spotting and exploiting corrupt entities. This ability forms the subtext of Clinton Cash, Peter Schweizer’s expose of the Clinton Foundation.

If there is a corrupt government with which to engage ...


May 27, 2015, 2:18 pm, 1481321

Must-Read: Claudia Goldin: The Quiet Revolution: "The National Longitudinal Survey... began in 1968 with women who were between 14 and 24 years old...

...One of the questions the survey asked was, 'What do you think you're going be doing when you're ...


May 27, 2015, 2:18 pm, 1481320

Must-Read: Nathan Pippenger: Democracy Journal: Arguments: Arthur Brooks and the Desperate Search for a Smarter Conservatism: "President Obama spoke on poverty at Georgetown...

...Event planners needed to find someone of suitable stature to sit alongside the president. They chose Arthur Brooks, ...


May 27, 2015, 2:18 pm, 1481323

Must-Read: Scott Lemieux: David Brooks is not on a Path of Upward Intellectual Mobility: ""David 'vast, lavishly taxpayer-subsidized spaces for entertaining' Brooks’s scorching Burke-abject-morons hot take on the killing of Freddie Gray...

...cites Robert “alas, not Paul” Samuelson favorably.... [One should] ...


May 27, 2015, 2:18 pm, 1481322

Must-Read: Julie Nelson: Poisoning the Well, or How Economic Theory Damages Moral Imagination: "Contemporary mainstream economics has widely ‘poisoned the well’...

...from which people get their ideas about the relationship between economics and ethics. The image of economic life as inherently ...


May 27, 2015, 2:18 pm, 1481317

Live from Strada at Bancroft and College: Last year's journamalism. Is there a trend, is there a number that is correct? And is there an argument other than the sadistic undercurrent that the bottom third of America's white population (and a much greater fraction of the minority ...


May 27, 2015, 2:18 pm, 1481316

Comment of the Day: Peter T.: Regional Economics and Living Standards: Portland OR vs. Kansas City MO/KS:

How much of the greater amount of money in Kansas City is just money, as opposed to goods and services? How much is money generated by grifts ...


May 27, 2015, 2:18 pm, 1481318

Suppose that we have a box: kind of box that might contain, for example, a cat. Suppose that no energy is flowing into or out of the box. And suppose we them ask: what is going on inside the box?

Sean Carroll will answer, in accord with ...


May 27, 2015, 2:18 pm, 1481319

Must-Read: John Quiggin: The Most Misleading Definition in Economics (Draft Excerpt from Economics in Two Lessons): "‘Pareto optimal’ is arguably, the most misleading term in economics...

...Pareto sought to undermine the utilitarian version of liberalism that dominated 19th century economics, according ...


May 27, 2015, 12:18 pm, 1481234
(Steven Hayward)

Our first installment in this series took note of the NY Times op-ed by AdamMarcus, managing editor of Gastroenterology & Endoscopy News, and Ivan Oransky, global editorial director of MedPage Today (both are co-founders of retractionwatch.com), but now they’re back with another, longer piece at


May 27, 2015, 12:18 pm, 1481233
(Paul Mirengoff)

FIFA, the governing body of world soccer, has taken a huge and well-deserved hit. The Department of Justice announced the unsealing of a 47-count indictment that charges 14 FIFA officials with racketeering, wire fraud, and money laundering conspiracy.

Meanwhile, Swiss authorities announced an investigation ...


May 27, 2015, 10:18 am, 1481158
(Scott Johnson)

We have followed the performance of Marie Harf as a spokesman for the Obama administration foreign policy at the State Department. Harf gives the catastrophic foreign policy of the Obama administration a lighter than air, Valley Girl kind of feel. She is a walking self-parody. As such, ...


May 27, 2015, 10:18 am, 1481157


May 27, 2015, 10:18 am, 1481156

WWII Diary of Chick Bruns:

Slept till 10 am. Wrote a letter home. Went on another picnic. Lore and I and her mother and father. We really had a swell time. When we got back her brother had come home. He had been ...


May 27, 2015, 8:18 am, 1481080
(Scott Johnson)

Unfortunately for the people of Minnesota, Minnesota Governor Mark Dayton had a free hand adopting Obamacare in Minnesota, and Minnesota has gone all in. Courtesy of Governor Dayton and a Democratic legislature, we have bought into the Medicaid expansion and all the rest.

In Minnesota the ...


May 27, 2015, 12:18 am, 1480879
(John Hinderaker)

The Left’s ceaseless attacks on law enforcement are having the predictable effect: elevated homicide rates in the cities where policemen have come under attack. Paul wrote here about out-of-control violence in Baltimore in the wake of the anti-police protests there, and the indictment of six officers. Baltimore’s ...


May 27, 2015, 12:18 am, 1480878
(Paul Mirengoff)

Hillary Clinton doesn’t talk much to reporters and when she does, she reveals as little as possible. But she revealed plenty when she described Sidney Blumenthal as “an old friend.”

It’s hardly surprising Blumenthal is a friend of Hillary’s. For her, his combination ...