The first in a series on socialist calculation, the work done by the price system, and some things we can already know about any future resource allocation strategies that might supplant the strategy of using markets. The responses to this post surprised me. Show More Summary
by Robert Henderson http://livinginamadhouse.wordpress.com/2013/04/24/margaret-thatcher-and-the-cult-of-personality/ Two Cults Margaret Thatcher was the subject of a cult of personality. This was not the result of calculated propaganda, but simply the creation of her extraordinary personality. Because the cult of personality developed not in … Continue reading ?
In the last post I said I wanted to see the Senate gun bill vote calculated by number of people represented. Well, Jonathan Cohn and Eric Kingsbury have worked it out – If you assume, for sake of argument, each senator represents half of his or her state’s population, then senators voting for the bill [...]
Washington (CNN) – Opponents of a bipartisan Senate effort to reform the nation's immigration policies calculate that dragging out debate by offering so-called "poison pill" amendments designed to tank support and stoking conservative ire on the airwaves will derail the proposal. It is a strategy that stymied the immigration overhaul efforts of 2007.
The single most important piece about the shameful defeat of Toomey-Manchin yesterday is this New York Times op ed by Gabrielle Giffords, who blasts Senators for basing their vote on cowardice and cold political calculation. The single most important paragraph in … Continue reading ?
2012 Presidential Results by Congressional District Daily Kos Elections is pleased to announce the preliminary completion of our project to calculate presidential results from the 2012 election for all 435 congressional districts nationwide. All of the results are available on this page. Show More Summary
By Richard K. Barry I know it's easy to have fun with numbers, especially when fooling around with percentages, but this is not good. BuzzFeed has done some calculating on the arrest rates of New York State politicians, and the results...Show More Summary
Destroying the economy brick by brick– What a disaster– Youth unemployment rate in March was 11.7%. If labor force participation rate were factored into the 18-29 youth unemployment calculation, the actual unemployment rate would rise to 16.2 percent. Generation Opportunity … Continue reading ?
Human Accomplishment and the English by Robert Henderson In his book “Human Accomplishment” the American Charles Murray calculates the contribution to civilisation made by individuals throughout history up until 1950. To give his calculations as much objectivity as possible he … Continue reading ?
This chart from Calculated Risk shows 4.7 million Americans have been unemployed for 27 weeks or more. Republicans in several states have reduced unemployment benefits to 20 weeks or fewer. Given that practically everyone who isn't in...Show More Summary
This week marks the 100th anniversary of the passage of the 16th amendment to the Constitution, which made it legal for the federal government to impose taxes upon the income earned by Americans. Political Calculations marks the occasion:...Show More Summary
Rep. Steve Zaiser introduced HB1414 which would have mandated annual increases in North Dakota’s minimum wage indexed to inflation as calculated by North Dakota State University. It was debated on the floor of the House today and voted down by a 24 – 70 vote. Here’s video of the floor debate. Zaiser and fellow Democrat [...]Show More Summary
By Michael J.W. Stickings and Frank Moraes MJWS: Like Frank, I'm interested to see how this will go. And, obviously, there's still a long way to go to get anything meaningful done. But there's a political calculation at work for Republicans here that may very well lead to meaningful bipartisan reform. Show More Summary
From the GREAT STATE OF MAINE… Inauguration Observations---2013 Edition -- Myrlie Evers-Williams' invocation was, by my calculation, a thousand million times better than Rick Warren's. Probably more, but my calculator exploded. -- I think I saw #45 walking in on #42's arm. Show More Summary
New York (CNNMoney) – Employers may be hiring, but there's another big problem with the job market that isn't being tracked as closely: the hopelessly unemployed. An often overlooked number calculated by the Labor Department shows millions of Americans want a job but haven't searched for one in at least a year. They've simply given [...]
By Frank MoraesIn the past, I've written about little economic tools that the Wonk Blog people put up. They are fun and even enlightening. But they aren't that great. For example, theFiscal Cliff Calculator only allowed you to try discrete binary budget items: you repeal the defense sequester or you don't. Show More Summary
These guys suck. A lot. Exactly how much did the Republican House suck in 2012? Unfortunately, the math does not yet exist—but don't worry, the gay wizards are working on it!—to calculate a number that huge. This is no easy task, considering just how hard House Republicans worked at sucking. Show More Summary
Senate Republicans emerged from a closed-door caucus meeting and said that they would drop a proposal to save money by slowing the growth of Social Security cost-of-living increases, using a different calculation called chained CPI.
The year 2012 was defined by the calculated re-emergence of Obama worship, no matter how obvious his failures in office. After his reelection, the actor Jamie Foxx let it all hang out in a tribute at the BET Awards on November 25: “First...Show More Summary
Pity those poor politicians who want to cut Social Security benefits by changing the way cost of living adjustments (COLAs) are calculated.