Step 3: Profit!

Posted by | 9:11 AM
Via Yglesias , news that the U.S. government has made a big profit on the financial system bailouts . Yes, you heard me right. The TARP bail...

Republican racism, public goods, and the political economics of tribes

Posted by | 9:34 AM
HuffPo reports : Race-based attacks and criticism of President Obama have been on the rise during the dog days of August. And they're n...

The wondrous power of selection effects...

Posted by | 9:30 PM
Latest SAT score data is out, and the first thing people look at is the race gap , of course: Through the early 1990s and early 2000s, avera...

Why do conservatives hate bullet trains?

Posted by | 7:29 AM
Robert Samuelson writes that high-speed rail won't work in America because we're much less densely populated than the European and ...

Why government is good: theory, and maybe a little evidence too

Posted by | 11:21 AM
Paul Krugman rightly blasts the "zombie" Reaganite ideology of "government intervention in the economy = bad": Washing...

Imbalances

Posted by | 10:41 AM
Fred Bergsten and Arvind Subramanian lay it out : The Obama administration is increasingly signalling that the US will not continue to be t...

Malpractice

Posted by | 12:25 PM
...and, we're back! A little post on health care, here. Yglesias thinks Democrats should have taken on the issue back when Obama was mor...

Fear of a black planet?

Posted by | 8:15 PM
Quick post from Japan, here. Still out til the 18th... Via Yglesias, this comes as little surprise: nearly everyone who subscribes to the id...