Archive for the 'politics' Category
Paul Krugman has written a new column arguing that the government should receive equity, ownership shares in the financial firms in return for the capital we’re going to inject into them. I agree with him, but I think that his column neglects a critical part of the case for ownership.
At this point, absolutely no one [...]
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A Political Deal for California
Everyone seems to acknowledge that California’s financial system has on the verge of collapse. The 80-day budget crisis that we are just now, hopefully, past and the sham of a budget that emerged from the crisis are only the latest, brutal, undeniable pieces of evidence.
The major reform being suggested is elimination of the 2/3 majority [...]
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Obama is Boring
The newspapers, the last couple of days, are full of headlines about John McCain the “risk-taker” and the “maverick” due to McCain’s selection of Sarah Palin as his running mate. I’m not going to talk about Palin, except to note that taking an inexperienced, provinicial, secessionist-loving, creationism-promoting, polar bear-hating, global warming doubting, Federal earmarks addict [...]
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Here is an excellent discussion of Obama’s economic program from David Leonhardt at the New York Times; after reading it I certainly I feel like I have a better grasp of Obama’s overall vision of the economy. What is interesting is the way that Obama integrates a very real appreciation of the virtues of unfettered [...]
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God Answers Conservative Prayers
This is funny. It almost makes me believe in the power of prayer.
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Obama and Oil Drilling
I think that Obama is making the right call about compromising on oil drilling in order to get renewable energy tax credits passed.
Here’s my thinking:
In order to make any serious progress on reducing oil burning, we have to develop renewable energy sources in quantities sufficient to replace the energy we get from oil.
An absolute, necessary [...]
Filed under: climate change, natural commons, politics, renewable energy | Leave a Comment
I found a fun little piece about “The Public Transit Projects That Should Have Been” over on io9, the science fiction site run by Gawker Media. There is no economic analysis, but a couple of the proposals (and their “artist’s conception” illustrations) are fun and there are some nice links to historical background information. [...]
Filed under: fun, infrastructure, politics, transportation | Leave a Comment
I just finished reading a great book, No One Makes You Shop at Walmart by Tom Slee, and it ought to be assigned reading in every high school and college introductory economics class in the country. Like any good, cost-conscious citizen of the commons, I got this book from my local library but I just [...]
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A Strange, but Fun, Map
One of my favorite blogs is “Strange Maps,” which presents an ongoing series of maps of a staggering variety of spaces both physical and intellectual, real and imagined.
Today’s offering is relevant to economics: a map of the United States with the state names replaced by the names of countries that have a similar Gross Domestic [...]
Filed under: off topic, politics | 1 Comment
I seem to hear lately that Bush and the politicians and the punditry all want to “move forward” on Iraq. By “moving forward” it is generally meant that we shouldn’t dwell on how we came to be there, more specifically, we shouldn’t dwell on whether or not the Bush administration lied to get us there. [...]
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