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EconoSpeak

The Econospeak blog, which succeeded MaxSpeak (co-founded by Barkley Rosser, a Professor of Economics at James Madison University and Max Sawicky, an economist at the Economic Policy Institute) is a multi-author blog . Self-described as “annals of the economically incorrect”, this frequently updated blog analyzes daily news from an economic perspective, but requires a strong economics background.

Why Does MbS Want Hllary Clinton’s Emails?

 In yesreday's Washington Post David Ignatius reports in a column about serious efforts by Saudi Crown Prince Mohammed bin Salman (MbS) to get the infamous emails of Hillary Clinton publicized, something that President Trump also wants and SecState Pompeo has been promising while complaining about problems getting them out.  My guess is there is nothing in them not already known, but MbS has really been pushing on this.  Aside from trying to help his pal, Trump, what is up with this?Ignatius...

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Stealing Signs

 I know this is a widespread basically trivial matter, but since I had posted earlier about all of the BLM signs on my block (including at our house) accompanied more recently by signs related to the various political races (we have a Senate race, as well as House, and city council here) on the block, where we had some apparently hostile drivebys some while ago.So last night somebody came and stole all the signs off our block that were not clearly for a GOP candidate in some race, with all...

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In The Face Of Total Turbulence, Go Totally Conventional For The Nobel Prize

 I have noted in various places that I could not make a forecast this year on the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel because of all the turbulence on so many fronts going on.  So it occurred to me that the committee might avoid political controversy by going technical, although I thought it more likely they would give it for something in econometrics. But this year's award was clearlyi in the works after Jean Tirole and Alvin Roth got theirs.  The real...

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When did Israel Become “America’s Best Ally”?

 In the recent US Vice Presidential debate, the current US VP, Mike Pence dropped a throaway line that until nobody has noticed until now. He labeled Israel as America's "best ally," or a term meaning the same thing.I think that from at least 1917 the "best ally" of the US was either Canada or UK. Under Trump both of those alliances were downgraded, although they were loyal to us for all that time.So now we have the supposedly new "best ally" (might be slightly different wording, but it...

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Voting in a Time of Covid: A Question about Judicial “Originalism”

The originalist theory of legal interpretation holds that judges, in reviewing the implementation of a statute, should be guided by the “plain meaning” of its language at the time it was adopted.  This is in opposition to the notion of a “living law”, whose interpretation should evolve as the conditions it addresses evolves.  For instance, originalists are appalled by Supreme Court decisions like Roe v Wade, since nowhere does the Constitution establish a right to bodily privacy, nor could...

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“Papa Haydn” or “Papa Bach”

 So a cultural diversion from all the current shouting.  Was it "Papa Haydn" or "Papa Bach"? And if the latter, which one, hint, probably not the more famous Johann Sebastian.So Franz Josef Haydn (1732-1809) gets called that as he largely invented the modern form of the string quartet and the symphony (of which he composed 104), starting in the late 1750s as he held positions with various aristocratic families, following a youth in which he suffered extreme poverty and serious malnutrition. ...

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“The Masque of the Red Death” by Edgar Allan Poe, 1842

The red death had long devastated the country. No pestilence had ever been so fatal, or so hideous. Blood was its Avatar and its seal -- the madness and the horror of blood. There were sharp pains, and sudden dizziness, and then profuse bleeding at the pores, with dissolution. The scarlet stains upon the body and especially upon the face of the victim, were the pest ban which shut him out from the aid and from the sympathy of his fellow-men. And the whole seizure, progress, and termination...

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