Politics Roundtable

Politics Roundtable

Political blogs of interest to economists.

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August 28, 2015, 10:18 pm, 1536041
(Steven Hayward)

One of my fellow cruisers on the Baltic Sea last week was Seth Lipsky of the New York Sun, who wrote a terrific column about 10 days ago for the New York Post arguing that since Democrats are giving up on Thomas Jefferson and Andrew Jackson (because, ...

August 28, 2015, 10:18 pm, 1536042
(John Hinderaker)

There are several reasons why Donald Trump is popular with Republicans, even though he probably isn’t a Republican himself, and certainly is not a conservative. One of them is the way he stands up to left-wing media. This is a classic, from earlier today:

Republican presidential candidate Donald ...

August 28, 2015, 8:18 pm, 1536031
(Steven Hayward)

Last year we reported on the case of John Beale, the career EPA employee who was busted for fraud for claiming to be a covert CIA operative while bilking the EPA for years as one of its highest paid employees, who was spending his time at home ...

August 28, 2015, 8:18 pm, 1536030
(Steven Hayward)

So what happens when a politician says, “I am, you know, adamantly against illegal immigrants”? Oh wait, the person who said that was Senator Hillary Clinton, to WABC Radio’s John Gambling in a 2003 interview. Whatever.

Today Hillary trumped (heh) her suggestion yesterday that Republicans are the moral equivalent ...

August 28, 2015, 6:18 pm, 1535990
(Steven Hayward)

Over at Commentary today Noah Rothman raises a great question: by tacking left to reflect the current center of gravity in the Democratic Party, Hillary Clinton is essentially repudiating the policy orientation of her husband’s presidency:

Does Hillary Clinton believe her husband’s presidency set the Democratic Party back?

. ...

August 28, 2015, 6:18 pm, 1535989

Live from Jackson Hole 2015 Weblogging: Memo to National Park Service: I think you should add some signs saying: "Are you carrying water? How much water?" next to the "Please don't feed the animals" signs...

August 28, 2015, 4:18 pm, 1535937
(John Hinderaker)

That’s what Democratic Senator Chris Murphy says:

I think change is going to happen. I just don’t think that democracy can work with when you have 90 percent of the American public that want changes in our gun laws and Congress not responding.

This is sheer fantasy. In fact, ...

August 28, 2015, 4:18 pm, 1535936
(Steven Hayward)

The Energy Institute at the Haas School of Business at the University of California at Berkeley has posted a working paper entitled “The Distributional Effects of U.S. Clean Energy Tax Credits.” The paper is a devastating indictment of who’s getting Cecil the Lion’s share of the tax ...

August 28, 2015, 2:18 pm, 1535860
(Steven Hayward)

Paul notes below the extremism of Hillary Clinton’s likening of Republicans to Islamic terrorists, but this morning MSNBC went off on Hillary. Money quote from Bloomberg reporter Mark Halperin: “If a Republican did this, the world would come to a halt.” Here’s the three-minute video:


Keep in ...

August 28, 2015, 2:18 pm, 1535859
(Scott Johnson)

Jeffrey Goldberg is a trusted interlocutor of President Obama and a hand-wringing supporter of the Iran deal. Robert Satloff is executive director of the Washington Institute for Near East Policy and a scholarly critic of the deal. Goldberg has posted Satloff’s 10 questions for ...

August 28, 2015, 2:18 pm, 1535856

Live from Jackson Hole 2015 Weblogging: Peggy Noonan Wall Street Journal column or Onion parody?

Peggy Noonan: America Is so in Play: "Something is going on, some tectonic plates are moving ...

August 28, 2015, 2:18 pm, 1535858

Over at WorldPost: China's Market Crash Means Chinese Supergrowth Could Have Only 5 More Years to Run: Ever since I became an adult in 1980, I have been a stopped clock with ...

August 28, 2015, 2:18 pm, 1535857

Over at Project Syndicate: A Cautionary History of US Monetary Tightening: BERKELEY JACKSON HOLE – The US Federal Reserve has embarked on an effort to tighten monetary policy four times in ...

August 28, 2015, 12:18 pm, 1535777
(Steven Hayward)

Time to update our series on science fraud from a few months ago, with news of a blockbuster research review effort that is making waves this week. The Chronicle of Higher Education reports today:

A decade ago, John P.A. Ioannidis published a provocative and much-discussed paper arguing ...

August 28, 2015, 12:18 pm, 1535778
(Steven Hayward)

So Donald Trump won’t name his favorite Bible verse because it is “very personal.” Here’s the video (just 40 seconds long):


Why do I have the suspicion that Trump’s “very personal” favorite verse is probably one of those Old Testament passages about onanism, which would fit him ...

August 28, 2015, 12:18 pm, 1535776
(Paul Mirengoff)

Here’s the video.

David French has more.

August 28, 2015, 12:18 pm, 1535775
(Paul Mirengoff)

The election of Muriel Bowser as mayor of the District of Columbia has sparked widespread optimism about the city’s prospects. And Bowser’s response to the wave of murders plaguing the District (murders are up 43 percent this year) suggests that the optimism is warranted. Unfortunately, the ...

August 28, 2015, 10:18 am, 1535700
(Scott Johnson)

Ammo Grrrll asks the question WHO IS WISE? She writes

The ancient Jewish text, the Talmud, asks, “Who is wise?” and answers, “Who learns from everyone.” (As a topic for a future discussion, it also asks, “Who is rich?” and answers, “Who is satisfied with what he has.” ...

August 28, 2015, 10:18 am, 1535699
(Scott Johnson)

Nebraska attorney Dave Begley continues his series on the appearances of presidential candidates in Iowa. Dave gave it up for Power Line readers this past Wednesday by looking in on Madam Hillary’s appearance in Sioux City, Iowa. Dave writes:

Hillary interrupted her vacation to campaign in Iowa. ...

August 28, 2015, 10:18 am, 1535698

Live from Jackson Hole 2015 Weblogging: It's 6800 feet up here. For the first time ever, I wish I were a vampire--I could really, really use some more oxygen-carrying red blood corpuscles right now...

What is the science on doping ...

August 28, 2015, 10:18 am, 1535697

Live from Jackson Hole 2015 Weblogging: Dan sunlight reflecting off of Mt. Moran with central bankers:

I am envious: Marty Feldstein (not shown) was in the Bloomberg Interview chair the moment that the sunlight ...

August 28, 2015, 10:18 am, 1535696

Must-Read: I cannot help but note strong divergence between the near-consensus views of Fed Chair Janet's and Fed Vice-Chair Stan's still-academic colleagues and students that tightening now is grossly premature, financial markets' agreement with the hippies as evidenced by the ...

August 28, 2015, 10:18 am, 1535695

Live from Jackson Hole 2015 Weblogging: I have finally figured out what I feel like here at the Jackson Lake Lodge: I feel like Jacob Marley's Ghost.

It was 23 years ago that Larry Summers and I came here to ...

August 28, 2015, 12:18 am, 1535481
(Steven Hayward)

While we await the legal challenge to Obama’s greenhouse gas scheme, today a federal judge moved to block the EPA’s attempt to re-write the Clean Water Act and defy a key Supreme Court ruling from a decade ago. From The Hill just a few hours ago:

A federal ...

August 28, 2015, 12:18 am, 1535480
(Paul Mirengoff)

Clark Griffith explains why he thinks “Tom Brady will lose and baseball players win.” It’s because “in Major League Baseball, grievances are heard and decided by an impartial arbitrator. In the National Football League, the person who hears and decides grievances is the commissioner.”

I ...

August 27, 2015, 10:18 pm, 1535440
(Steven Hayward)

Vox’s historical illiteracy is not their only embarrassment this week. Philosopher Brian Leiter, who runs one of the most widely-read academic blogs (Leiter Reports), tells the story of how Vox solicited an article from Torbjorn Tannsjo, a well-regarded philosopher at Stockholm University, about the concept known ...

August 27, 2015, 10:18 pm, 1535439
(John Hinderaker)

Today John, Paul and Steve got together for Episode 25 of the Power Line show, along with Eliana Johnson, Washington Editor for the National Review. We kicked around the latest news and Washington gossip about the presidential race on both sides of the aisle. The remainder of the ...

August 27, 2015, 10:18 pm, 1535438

Federal Reserve Bank of Kansas City Research Director Troy Davig and President Esther George have come up with the right topic for their program this year:

Inflation Dynamics and Monetary Policy:

Simon Gilchrist and Egon Zakrajsek: Inflation ...

August 27, 2015, 8:18 pm, 1535417

Jackson Hole 2015 Weblogging:

August 27, 2015, 8:18 pm, 1535416

Pet Shop Boys: Where the Streets Have No Name/I Can't Take My Eyes off You https://www.youtube.com/watch?v=YX3Zpks05Ns

August 27, 2015, 6:18 pm, 1535348
(Paul Mirengoff)

The Public Interest Legal Foundation (PILF), of which our friend Christian Adams is president, has put 141 counties on notice that they have more registered voters than people alive. These counties encompass 21 states. Michigan leads the way with 24 counties, followed by Kentucky ...

August 27, 2015, 6:18 pm, 1535347

We of Whose Recovery? and all of our friends at the Federal Reserve Bank of Kansas City Economic Policy Conference and Drinking Party are not the only people up in Jackson Hole this week. There is the American ...

August 27, 2015, 4:18 pm, 1535279
(John Hinderaker)

This is hilarious: Vox.com, the web site into which NBC is about to pour $200 million, tweeted this earlier today. It’s a screen shot because Vox deleted the tweet in response to intense ridicule:

I guess this is what happens ...

August 27, 2015, 4:18 pm, 1535278

Must- and Should-Reads:

Must-Read: Kris James Mitchener and Marc D. Weidenmier: Was the Classical Gold Standard Credible on the Periphery? Evidence from Currency Risk Cherrie Buckner: Young Black America Part Four: The Wrong Way ...

August 27, 2015, 12:18 pm, 1535122
(Scott Johnson)

What words represent the top choices that respondents associate with Hillary Clinton in the latest Quinnipiac poll (full results here)? Let’s play the Feud. Survey says the top three choices are “liar,” followed by “dishonest” and “untrustworthy.” This is one survey that represents ...

August 27, 2015, 12:18 pm, 1535120
(John Hinderaker)

We now know that Vester Flanagan was a sort of mirror image of Dylann Roof: black instead of white, gay instead of straight, but like Roof a nut with a cause. Like Roof, Flanagan’s cause was race. Flanagan was race-obsessed and, like Roof, wanted to incite a race ...

August 27, 2015, 12:18 pm, 1535121
(Paul Mirengoff)

Hillary Clinton’s lines of defense in her email scandal are as manifold as the Hapsburg’s defenses during the siege of Vienna in 1683. Some of Vienna’s protective walls were rotten, but the city’s defenders managed to reinforce them at the last minute. The Ottomans, fierce and ...

August 27, 2015, 10:18 am, 1535045
(Scott Johnson)

The Obama administration has used the August recess to promote the Iran deal. We reviewed President Obama’s speech earlier this month at American University. It was a most unsavory speech by a president who is losing the argument in the court of public opinion.

Obama himself has sunk to ...

August 27, 2015, 10:18 am, 1535046
(Scott Johnson)

The endless saga of the proposed Eisenhower Memorial is a horror story. In his latest report on it, Andrew Ferguson introduces the theme of monstrosity: “Like Lazarus, or maybe Frankenstein’s monster, the appalling plan for the Eisenhower Memorial in Washington, D.C., appears to be sputtering to ...

August 27, 2015, 10:18 am, 1535044

Live from Jackson Hole 2015 Weblogging: We of What Recovery? and all of our friends at the Federal Reserve Bank of Kansas City Economic Policy Conference and Drinking Party are not the only people up in Jackson Hole ...

August 27, 2015, 10:18 am, 1535041

Out on the back patio of Jackson Lake Lodge. Alas! Mount Moran and the rest of the Teton range are fogged in this dawn...