Category Archives: Economics

2020 Or 2024 Is The Pivotal Election

This column by John Feffer about Poland gets at something I’ve been trying to clearly state (boldface mine):  Since its post-Communist transition, that country is often described as having cleaved into two parts, commonly known as “Poland A” and … Continue reading

Posted in Economics | Leave a comment

BREAKING: Mainstream Pundit Rediscovers The Difference Between The Positive And The Normative

Only the finest analysis from the Grey Lady (boldface mine): Here is an overarching theory of what we might have missed in the march toward a hyper-efficient global economy: Economic efficiency isn’t all it’s cracked up to be. Efficiency sounds … Continue reading

Posted in Economics, Fucking Morons | 4 Comments

Austerity And Fascism

A while ago, I argued, in the context of Greece’s imploding economy, that a key economic policy benchmark should be not encouraging fascism: When you read about the political mess that Greece has became, the press for austerity–led by Germany–is … Continue reading

Posted in Authoritarianism, Economics | 4 Comments

Clinton’s Deficit Straitjacket

Recently, Clinton said the following about deficit spending (boldface mine): Trump also said we can just print more money to pay our debt down. Well, we know what happened to countries that tried that in the past like Germany in … Continue reading

Posted in Economics, Funding

The Other Cost of Gentrification

We’ll ignore for purposes of this post that there are different kinds of gentrification, this older story I’ve been meaning to get to illustrates a major problem: After more than a decade of serving Scandinavian-Slavic comfort food in what was … Continue reading

Posted in DC, Economics

A Possible Explanation For The Stall In Productivity

When technology is used to manage as opposed to produce goods or services. A couple of weeks ago, the Boston Globe described how Partners, the largest hospital system, is stumbling through the adoption of its new electronic records system, EPIC … Continue reading

Posted in Economics | 8 Comments

One Reason Why There Might Be Economic Discontent

It’s the net worth, stupid. Recently, Kevin Drum has written several posts wondering why U.S.-ians are so cranky about the economy when, based on the statistics he cites, things seem to be doing pretty well. Well, here’s a simple table … Continue reading

Posted in Economics, Uncategorized | 3 Comments