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Tag Archives: Featured Stories

The Supreme Court on trial

The Supreme Court needs to decide whether the 14th Amendment bars Trump from running for or serving as President again, and whether the President – and therefore Trump – enjoys broad criminal immunity for acts taken while in office.  These cases highlight the intrinsically political nature of the Court itself.  Many legal and political commentators believe that a unanimous decision is important for the country, and that consensus will be important...

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Soft Landing

Brad DeLong asked me if I had an explanation of how the US economy managed to land softly. He is confident that it is softly landing. This encourages me to actually try to do my job for once and act as a macroeconomist, and also to return to blogging here some. In the spirit of challenging reopening, I will indulge myself by skimping on links, simply asserting things which I could and should back up with a bit of Google. The basic story is that...

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Introduction to the Social Security Northwest Plan

Bruce Webb introduced the Social Security Northwest Plan in 2009.  He credited Arne and Dale as co-authors.  The NW Plan only increases payroll taxes if increases are needed.  For years before 2009 Bruce had confidence that forecasts were too pessimistic, but he was convinced by Arne to consider a plan that included triggers.  Arne’s solution was overly complicated, but Dale Coberly showed that a permanent solution could be had by simply increasing...

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Is Redistribution the Solution?

Toward the end of a very interesting and worthwhile conversation about how right-wing “populism” co-opts righteous anger at established institutions, Vincent Bevins asked Naomi Klein how she would counter that co-optation. Her answer was to advocate a “real left that has a political program that is actually redistributive,” which sounds good until you realize that the capitalist economy is already massively redistributive so “redistributing the...

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Comparing energy efficiency of boiling water: household appliances

Comparing energy efficiency of boiling water: household appliances Michael D. Eissenberg, BSME, PE, Leed AP*, and Joel C. Eissenberg, Ph.D.* *co-corresponding authors Abstract Kitchen appliances use various mechanisms to heat, with differences in energy sources and geometry. The goal of this study was to compare energy efficiency across common household appliances. To facilitate comparison, 1 L of water was used as the heating substrate...

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Divine Right

We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator with certain unalienable Rights, that among these are Life, Liberty and the pursuit of Happiness.–That to secure these rights, Governments are instituted among Men, deriving their just powers from the consent of the governed, –That whenever any Form of Government becomes destructive of these ends, it is the Right of the People to alter or...

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Heirloom crops and global warming

The biggest near-term threat to human civilization from global warming is loss of fresh water and arable land for crops. It turns out that nature has confronted the challenges of increased temperature, increased salinity, disease resistance and violent weather. Recently, as strain of maize called “Jimmy Red corn” has been resurrected from a population bottleneck in which only two ears remained. Why should we care about Jimmy Red?“Jimmy Red dwindled...

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Getting serious about illegal immigration

I see where the latest gambit by House Republicans is to tie Ukraine aid to immigration “reform.” Setting aside the fact that aid to Ukraine is, like most foreign aid, a subsidy for US business, the linkage to immigration is a red herring. All the current approaches are failing, are doomed, and are a waste of taxpayer money, something the GOP pretends to care about.I’ve long held that the solution to most undocumented immigration is to reduce...

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When America Became a Banana Republic

Eight out of ten of our poorest states are former states of the Confederacy. Less than a handful of the original Confederate states have been able to begin to rise. The ‘again’ was always impossible. Because, in the antebellum South, one percent of the population had all the wealth; most whites were little, if any, better off than slaves. —, politically unstable, economy dependent on the export of one or two products such as agricultural products,...

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What Can be Done With This House of Representatives ?

Obviously the only thing any reasonable person would do is point and laugh at the Republicans. I am not that reasonable person, so I will try to think of a solution. Obviously one very boring possibility is that the Republicans will finally get their act together and elect a speaker. This is the most likely outcome, but very far from optimal. The other possibility is that a speaker will be elected by a bipartisan majority like the majority...

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