democracy

Doomed to Repeat?

by on November 16, 2017

One of the great pleasures of living here in southern Vermont is that we have a terrific local bookshop. I go there simply to absorb [more…]

More Fog

by on October 3, 2017

We still don't have much clue what the Republicans want to do with their tax plan. It isn't that we can't understand the details, it [more…]

Ugly and Uglier

by on September 25, 2017

Is uglier even a word? Anyway: this is not about economics.

One reason I have not been very communicative in the past two months is [more…]

Test Bed For Gridlock?

by on July 19, 2017

We all complain about the gridlock in Washington. Nothing, it seems, can get done. Everyone becomes more and more cynical and disenchanted with government. Our [more…]

Healthcare Abyss

by on July 18, 2017

What are we to make of a major political party that is prepared to cast tens of millions of voters into the abyss? Really?

What [more…]

Healthcare Update

by on June 27, 2017

The Congressional Budget Office released its analysis of the Senate's healthcare bill. It is as damning as expected. All you need to know is encapsulated [more…]

Channelling Galbraith

by on April 28, 2017

Jamie Galbraith's conclusion in his essay at Dissent magazine:
"The progressive alternative to an economic program of reckless stimulus and real-estate capital gains is a [more…]

Reflections

by on April 7, 2017

It is easy to be partisan. It is easy to believe in sweeping utopian solutions. It is easy to delude yourself that what you think [more…]

Firms: Who Knew?

by on April 4, 2017

One of the controversies buried by contemporary economists in their great cause of advocating market freedoms, is that of the role of central panning. There [more…]

Impossibilities and The Market Turn

by on April 4, 2017

One of the least credible aspects of economics, an enterprise that suffers from a credibility problem at the best of times, is that of general [more…]