Quote of the Week:
“If you’re going to offer an across-the-board 20 percent tax cut without explaining how it’s getting paid for, hell, why stop there? Why not just offer everyone over 18 a 1965 Mustang? Why not promise every child a Zagnut and an Xbox, or compatible mates for every lonely single person?”
-Matt Taibbi, Rolling Stone
Economics
- Employment numbers – fact and fantasy
- Fact-checking financial recessions
- What Caused the Great Financial Crash?
- What Explains Poor Growth in the UK?
- The (Keynesian) fiscal multiplier depends on the monetary policy regime. (Translation: Deficit spending now is sensible policy whereas there is no intelligent case for austerity)
- Two books on the Budget and the Debt
- OMB Report on Implementation of the 2013 Sequester
Voter Suppression:
Miscellaneous:
- “The Measure of a Nation”
- Genetically-modified corn and soybeans less drought tolerant than conventional crops
- US sues Wells Fargo for fraud
- A moot point now but Romney’s tax plan really was a bad joke
Parting thought:
“Lord, enlighten thou our enemies. Sharpen their wits, give acuteness to their perceptions, and consecutiveness and clearness to their reasoning powers: we are in danger from their folly, not from their wisdom; their weakness is what fills us with apprehension, not their strength…”
– John Stuart Mill