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Chris Rock, campus conservatism, ‘The Interview’ and the outrage economy

18 hours agoNews : ComPost

In a somewhat neglected quote from his much-shared interview with Frank Rich, Chris Rock nails an increasing problem: I stopped playing colleges, and the reason is because they’re way too conservative…. Not in their political views — not like they’re voting Republican — but in their social views and their willingness not to offend anybody. Kids raised […]

Capital Journal Daybreak: Mood Brightens on Economy, Not on Race Relations–WSJ/NBC Poll | The 2016 Race Begins | Senate Votes to Extend Tax Breaks

The Journal's morning rundown of the biggest news stories and exclusive features from Washington on politics, policy, financial regulation, defense and more.

Why both the Tories and Labour now want a fight on the economy

Tomorrow, in a sign of how keen the Tories are to keep the political debate focused on it, both David Cameron and George Osborne will give speeches on the economy.… Continue reading The post Why both the Tories and Labour now want a fight on the economy appeared first on Spectator Blogs.

Political illiteracy

Alex is right: The debate over the economy occurring within the Westminster bubble may now have become completely detached from anything that is happening in what the rest of us would recognise as the economy...The everyday “reality” as it is...

The Globalization 5 - How Globalization Changed America in 2014, and What It Might Mean for 2015

It is the season of lists: best movies, best books, and so on. Since I teach and write on globalization and international political economy, I thought I should continue a tradition I started several years ago of creating a differentShow More Summary

Does China Really Have the Most Powerful Economy in the World?

Market Watch columnist Brett Arends wrote that China has surpassed America as the number one economy, a move he claims may lead to a collapse of U.S. political and military hegemony. But does China truly have the strongest economy in the world? Arends writes: There's no easy way to say this, so I'll just say it: We're no longer No. Show More Summary

Politics Counts: The Politics of Retailers’ Holiday Sales

The U.S. economy is a difficult thing to get a handle on this holiday season. But when you add the element of politics to the economic discussion, the numbers can look especially odd.

Falling Oil Prices Turn Up The Heat On Venezuela’s Maduro

Oil and gas accounts for a quarter of Venezuela's economy, which was already struggling when global oil prices turned south, compounding Nicolás Maduro's political woes

Businessmen Don't Understand Politics, Part 3,486

2 weeks agoUS Politics / Liberal : Tapped

Yesterday, Barack Obama, who as we all know is on a mission to destroy capitalism, sat down with a group of capitalists from the Business Roundtable to hear their sage advice and answer their insightful questions about the economy and the state of the nation. Show More Summary

Why Economic Benefits of Political Action Trump Risks of Inaction

One of the biggest potential upsides for the economy next year, both in the U.S. and abroad, could stem from political action. The benefits of action, in other words, outweigh the risks of inaction.

The perils of the precarious: at work in the gig economy

2 weeks agoTechnology : GigaOM

A set of economic, political, and societal forces is currently causing profound changes in work and in the relationship between workers and the businesses that benefit from their labor.

Statshot: Money, Super PACs and What Crime Americans Fear Most

This week in Statshot: money may not buy happiness, but countries with growing economies, as well as more stable politics, tend to have more satisfied citizens; also, computer hackers’ theft of credit-card information tops the list of what Americans fear most; and more.

Guest Post: The Flawed 75% Tax Solution From Hollande And Piketty

Submitted by Richard Epstein via, The recent world of political economy features the deep paradox. By common consent Thomas Piketty’s recent volume Capital in the Twenty-First Century has been hailed of the intellectual triumph of the year. Show More Summary

Assorted links

1. The political economy of Bitcoin. 2. Pizza Hut reads your mind. 3. Chris Rock won’t play colleges any more: “You can’t even be offensive on your way to being inoffensive.” 4. The economics of Seinfeld. 5. How much do different quintiles benefit from government? 6. Twitter-driven economic history reading list.  And more writers’ book […]

The Politics of the Sharing Economy

Trebor Scholz explains why, though he supports peer production and sharing practices, he is vexed by attempts to subsume them into the new corporate hype of “the sharing revolution” that comes with calls to make the world a better place.

Tories to shut up about immigration and talk about the economy instead

There is a simple political test for the autumn statement, does it make the economy Topic A again? The Tories’ election strategy relies on the economy being the dominant issue… Continue reading The post Tories to shut up about immigration and talk about the economy instead appeared first on Spectator Blogs.

This Country Will Be The Next Zimbabwe...

Submitted by Bill Bonner via Acting Man blog, Fantasy World Meanwhile, as Chris pointed out yesterday, in politics and economics we live in a fantasy world. The feds claim to improve our economy. We pretend to believe it. Did a central...Show More Summary

Should we believe the institutions and growth literature?

Dietz Vollrath at the Growth Economics Blog has a three part series on problems with the the empirical institutions and growth literature. If you’re a development economist or political economy person you should read these posts, and follow the blog. Show More Summary

The Backward State of Behavioral Political Economy

(November 26, 2014 09:31 AM, by Bryan Caplan) John Cochrane's grumpy about the state of behavioral political economy. From his review of Schnellenbach and Schubert's recent literature review: I came away horribly disappointed. Not with the paper, but with the state of the literature that the authors ably summarize.... (0 COMMENTS)

Prosperity Amidst the Ruins

Submitted by Charles Hugh-Smith of OfTwoMinds blog, The fundamental problem facing the global economy is not slow economic growth but political inequality. It's striking: as economies stagnate, the top tier is living even larger while the low-income masses sink further into marginalized poverty. Show More Summary

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