Blog Profile / EconoSpeak


URL :http://econospeak.blogspot.com
Filed Under:Business & Finance
Posts on Regator:2205
Posts / Week:6.2
Archived Since:February 18, 2011

Blog Post Archive

Proposing A Judicial Coup Via A Tax Bill

On today's Washington Post editorial page in a column entitled "Packing the courts like a turducken" (a deboned duck within a deboned chicken within a deboned turkey, or something like that, all for Thanksgiving, thank you), Ronald A. Show More Summary

Two Powerful Women Losing Power

That would be respective Angela Merkel and Janet Yellen, both reported to have lost a lot of power in today's Washington Post. During at least the last year, if not the last four, they have been probably the two most powerful women on...Show More Summary

Stranded Assets Rewind

There’s a Dangerous Bubble in the Fossil-Fuel Economy, and the Trump Administration Is Making It Worse..."In reversing many of Obama’s keystone climate and environmental policies, Pruitt and Trump are conveniently ignoring these market signals in order to help out the fossil-fuel millionaires and billionaires who put them in office. Show More Summary

Saudi Crown Prince Attempts To Destabilize Lebanon

Of course that is not what Muhammed bin Salman (MbS) or his mouthpieces claim, but it is pretty much what every commentator I have seen outside of Saudi Arabia thinks is the likely outcome of his most recent actions, taken on the heels...Show More Summary

Freedom of Speech for Fascists?

I just finished reading the Chronicle of Higher Ed’s profile of Mark Bray, author of Antifa: The Anti-Fascist Handbook. I don’t know how accurate it is as a portrayal of Bray and his ideas, but it seems like a sober, fair-minded overview...Show More Summary

President Trump Must Release His Tax Returns

I know, boring boring boring old news. But now that he has had his hind end kicked by the recent off-off election results, it is time to get real. He has managed to cover up massive amounts of crimes and violations of ethical norms because he has violated so many. Show More Summary

Saudi Crown Prince Consolidates Power With Anti-Corruption Arrests

Everybody is against corruption, so it has become the new cool way to concentrate power in dictatorial societies to engage in an anti-corruption drive, as Putin and Xi Jinping have done. Actually corrupt people may well be arrested,Show More Summary

The Virginia Governor's Race

I rarely talk directly about specific political races, but I live in Virginia where in less than a week there will be the most closely watched election in the nation for governor. It is very close, and the Republican, Ed Gillespie, might well win, even though his Dem opponent, Ralph Northam, leads by narrow margins in most polls. Show More Summary

Barzani Out, Puidgemont In Belgium

It seems that the two recent independence referenda have largely collapsed. One was in Iraqi Kurdistan, with President Massound Barzani having it done with the eye that it would give him leverage in negotiations with the Iraqi central government. Show More Summary

Everything Is Going Great, So Let's Change It

Well, the actual headline on the front page of the Washington Post below the fold today reads, "Economy shows strong growth, could provide GOP momentum." The strong growth is the 3.0% annual growth rate of GDP in the third quarter (supported...Show More Summary

A Serious Misreading of Coase

Corey Robin is very insightful about a lot of things. I think his take on conservatism, that the thread running through it is opposition to attempts to demolish pre-existing hierarchies, explains ideological twists and turns that would otherwise remain mysterious. Show More Summary

Marxism-Leninism In China Update

The once-every five years Chinese Communist Party conference is now over. It appears that Xi Jinping has not identified an heir to himself as his two predecessors did at the time of this equivalent meeting during their presidencies.Show More Summary

Corporate Profit Tax Cuts and Wages: the UK Experience

Kimberly Clausing and Edward Kleinbard have each written some interesting papers on transfer pricing. Here they team up on a different topic: The President’s Council of Economic Advisers claims that slashing the corporate tax rate to...Show More Summary

Remembering Black Monday

The largest single one day decline in percentage terms of the Dow-Jones average (22.6%) happened 30 years ago today, on October 19, 1987. It was a Monday, hence "Black Monday." Although unlike after the second largest such one day decline...Show More Summary

The Dow Chemical Demonstration In Madison, October 18, 1967

A half century ago today on the University of Wisconsin campus in Madison, Wisconsin was the first seriously violent demonstration against the war in Vietnam, which resulted in 76 injuries. It brought a resounding end to the naïve idealism...Show More Summary

Marxism-Leninism And The Chinese Communist Party Congress

At this moment I am watching live on Bloomberg News the opening speech by President/Party General Secretary/Chairman of the Military Commission Xi Jinping of the once-every-five-years Chinese Communist Party Congress. This is far more...Show More Summary

Iraq Conquers Kirkuk

The central Iraqi government based in Baghdad has conquered oil-rich and ethnically-mixed Kirkuk from its recent Kurdish rulers, who hoped to continue ruling it as part of their recently declared independent state of (Iraqi) Kurdistan, clearly consisting of three provinces, but which they also wanted to include the fourth one of Kirkuk province. Show More Summary

The Case of the Spitting Legionnaire

A couple of days ago, the New York Times published an opinion piece by Jerry Lembcke The Myth of the Spitting Antiwar Protester. Lembcke wrote a book a few decades ago debunking that myth but it is still going strong... stronger than ever, actually. Show More Summary

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