On Appeasement Sometimes on Sundays I leave the dreary world of economics behind and write of broader things. Since most tomes covering American history have an underlying sunny optimism that is nowhere appropriate for our times, recently I’ve been reading more world history having to do with the rise of fascism or fall of democracy. Several of those books have been disappointing: they are thorough blow by blow descriptions, without organizing the...
Read More »The Fall and Rise of Public Heroism
Recently I watched The Man Who Was Too Free, a moving documentary about the Russian dissident politician Boris Nemtsov, who was gunned down in front of the Kremlin in 2015. A young, handsome rising political star in the 1990s, Nemtsov later refused to bend to Russian President Vladimir Putin’s authoritarianism and went into opposition, where he was harassed, imprisoned, and finally killed. The film left me thinking about the diminished role of heroism and courage in modern life, and also...
Read More »The Case for a Guaranteed Job
“Any government,” writes the economist and hedge fund manager Warren Mosler, “can achieve full employment by offering a public service job to anyone who wants one at a fixed wage.” Versions of this idea have received powerful endorsements from prominent Democratic politicians in the US, including presidential candidate Bernie Sanders and Rep. Alexandria Ocasio-Cortez, who has linked a government job guarantee to a Green New Deal. Moreover, versions of a job-guarantee program (JGP), more or...
Read More »Read Seth Cotlar
@sethcotlar has a very excellent thread asking never Trump conservatives what really changed with Trump. He says he is willing to be convinced that Trump isn’t just letting the mask drop and saying the quiet parts out loud, but that they haven’t made a case that Conservativism was ever worth anything. Zack Beauchamp fair used it over at Vox.com It is devastating and brief (Twitter is evil but it does prevent prolixity — might be the only medium for...
Read More »Grinding Old Axes II : This Time It’s Personal
So there wasn’t the groundswell of interest in my old axes in comments, so all continued grinding after the jump. Just to recall I stopped after 3 on a list which continued 4) John Kerry is much too stubborn. He won’t admit it when he is wrong. He should be more willing flip flop 5) Al Gore is a bearer of inconvenient truths who deserves much of the credit (or blame) for the existence of the internet 6) Bill Clinton is an ultra wonk who is relatively...
Read More »Grinding Old Axes
This post is self therapy and probably not worth your time. Outline before the Jump 1) Hillary Clinton is very honest. Too honest 2) Mitt Romney is extremely dishonest. He lies often and without shame. Also he made his money conning ex friends. 3) John McCain was a major flip-flopper 4) John Kerry is much too stubborn. He won’t admit it when he is wrong. He should be more willing flip flop 5) Al Gore is a bearer of inconvenient truths who deserves much...
Read More »Another Nail in the Coffin of Democracy and Journalism
Commom Dreams, Jake Johnson, August 6th, GateHouse Media announced it will purchase Gannett (USA Today, Detroit Free Press, Indianapolis Star, and other major American newspapers). GateHouse Media publishes 144 daily newspapers, 684 community publications, and over 569 local-market websites in 38 states. If approved the result will be a $1.4 billion news conglomerate. Common Cause stated a “combined GateHouse-Gannett entity would own one in every six...
Read More »The optics are as bad as they look
(Dan here…lifted from Robert’s Stochastic Thoughts) by Robert Waldmann The optics are as bad as they look Dean “The Optics aren’t as bad as they look” Baquet just confirmed that he actually doesn’t do his job any more. He doesn’t decide what is on the front page of the New York Times. He doesn’t explain what he does (except force reporters to tone down their story on the Trump campaigns connections to Russia until it falsely asserted that the FBI had...
Read More »Rick Wilson, His Former Party and 1984
I really enjoy Rick Wilson’s thoughts on the Republican Party, his former party until 3 years ago. I don’t know which part of his latest Washington Post Op-ed I like most but here goes As the saying goes, you had one job, Republicans. Now? Your job really isn’t representing your districts. It’s backfilling and wallpapering over your president’s latest excesses, outrages, racial arson and verbal Twitter dysentery. Every day is a new crisis, and every day...
Read More »Degeneration of Bipartisan Blog Sites: Econbrowser
Degeneration of Bipartisan Blog Sites: Econbrowser This is probably just a whiny complaint of well-known and long running issues. Indeed for a long time most blog sites (not to mention most twitterspheres and Instogram Idiotspheres) have been mono-partisan in those who participate in their discussions/debates. This has been true for a long time for most sites in the Econoblogosphere, including this site, which clearly tilts “left,” even though we have...
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