The new head elephant

Posted by | 6:11 PM
Looks like Michael Steele won . I applaud the choice, given the alternatives. There's plenty I could say about the implications of the...

Vitriol

Posted by | 11:51 AM
Commenter "l" (it's a lower-case "L") notes that I've become more vitriolic toward the Republican party. This is...

The new Head Elephant

Posted by | 9:57 PM
So we're on a bit of a Republican-bashing kick around here (I believe "vitriolic" was the word used in a recent comment), for ...

Texass

Posted by | 11:07 AM
In a review of a new book about Texas oil barons, the Economist glibly notes : On a scale not always appreciated, the Texas oil billionaire...

The silent, invisible, intangible majority

Posted by | 10:50 AM
As the Republican party struggles to reinvent itself , it would be wise to admit that the political strategies of the last eight years are a...

Ry is angry, but not surprised

Posted by | 7:34 PM
The (first) stimulus bill passed with zero Republican support . To those of us old enough to remember the last time we had a Democrat's...

the bankS

Posted by | 10:49 AM
Obama's administration is still squeamish about outright nationalization of banks. According to Geithner and Summers, this is because go...

Krugman/Thoma/DeLong: "Real Business Cycle" Theory is Teh St00pid

Posted by | 12:53 PM
Amid all the arguing about the effectiveness of this or that kind of fiscal stimulus, the big liberal econ bloggers hadn't gotten aroun...

Terrorism as fund-raising

Posted by | 9:10 AM
The Economist this week reports on the decline of al-Qaeda - due, somewhat predictably, to a combination of external pressure and intra-jih...

Manipulative

Posted by | 11:23 AM
Tim Geithner, in a break with Bush policy, has accused China of "manipulating its currency." In terms of plausibility, this is rat...

If you ain't cheatin' you ain't tryin'

Posted by | 7:27 AM
Never again will I make fun of China for faking stuff at the Olympic opening ceremonies. Not when our finest musicians pull a Milli Vanilli ...

It's the Marignal Cost, stupid!

Posted by | 6:45 AM
Largely forgotten in the Great Stimulus Debate (latest broadsides here and here ) has been the question of public goods creation. Or rather...

Once again.

Posted by | 9:18 AM
First black president. Liberal resurgence. Worldwide prestige. New approach to the economic crisis. Yes, those things matter a lot. But what...

Economics explained, unfortunately

Posted by | 10:47 AM
The debate over Obama's proposed stimulus bill has sparked a public clash of academic economists the like of which has rarely been witne...

Nationalize Teh Banks!

Posted by | 10:13 AM
Paul Krugman thinks we should nationalize our banks . Felix Salmon thinks we should nationalize our banks . Willem Buiter thinks we should n...

Can't win em all

Posted by | 12:41 PM
The Economist's awesome Bush retrospective points out something unprecedented about Bush's response to 9/11: Sean Wilentz, a histor...

On second thought, let the door hit you in the ass on the way out

Posted by | 12:34 PM
The Economist, on economic and international issues, is generally perceived as a right-leaning magazine. So it's really worth a "Wo...

Of church and state

Posted by | 9:33 AM
I guess I should be prepared to denounce this column by Michael Gerson, neocon hack and evangelical blowhard. And indeed, its contempt for ...

Is American power on the wane?

Posted by | 7:34 AM
Paul Kennedy literally wrote the book on the rise and fall of great powers. So when he writes that American power is on the wane , shouldn&...

India: the part Bush got right

Posted by | 8:19 AM
As George W. Bush thankfully prepares to slink away forever from an office to which he was disastrously unsuited, and as we all dust off our...

The Lost Decade

Posted by | 8:26 PM
Many people are wondering if, as a result of the financial crisis, America will suffer a "Lost Decade" similar to that suffered by...

Macroeconomics has really, really, really dropped the ball

Posted by | 1:56 PM
Matt Yglesias puts the idea of a recession in startlingly simple terms : We have lots of people now with the ability to do useful work and t...

Look at me still talking when there's Science to do

Posted by | 11:14 AM
The Economist sums up the weird anti-science philosophy of the Bush administration: One of the stranger beliefs of some politicians is that...

Economic Nationalism

Posted by | 9:33 AM
If you're interested in international trade/finance issues, and you lack the patience or technical knowledge to wade through Brad Setser...