Tag Archives: Politics and Economics

Republicans’ Lust for Gold – Paul Krugman, in The New York Times

“As I said, this hard-money orthodoxy is relatively new. Republicans used to base their monetary recommendations on the ideas of Milton Friedman, who opposed Keynesian policies to fight depressions, but only because he thought easy money could do the job … Continue reading

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Paul Krugman attacks one of the major themes of Tom Friedman.

Paul Krugman attacks one of the major themes of Tom Friedman. Round one to Krugman. Can Friedman get up off the mat and reply. Krugman writes: “You see, writing and talking breathlessly about how technology changes everything might seem harmless, … Continue reading

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Paul Krugman: Triumph of the Unthinking – NYTimes.com

Paul Krugman: “Words,” wrote John Maynard Keynes, “ought to be a little wild, for they are the assault of thoughts on the unthinking.” I’ve always loved that quote, and have tried to apply it to my own writing. But I … Continue reading

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Tom Friedman: On Trade: Obama Right, Critics Wrong

I am still looking for a synopsis of the new Pacific Trade agreement, but it is significant that Tom Friedman supprorts it. He writes:”With rising disorder in the Middle East and Africa — and with China and Russia trying to … Continue reading

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Do we really need more military spending than we have?

I don’t agree with raising the Pentagon’s budget.It is already the size of the next 17 largest militaries in the world according to one report. Republican Budget Games How to pay for the nation’s defense spending could lead to another … Continue reading

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Paul Krugman demystifies Netanyahu.

Paul Krugman demystifies: “According to Luxembourg Income Study data, the share of Israel’s population living on less than half the country’s median income — a widely accepted definition of relative poverty — more than doubled, to 20.5 percent from 10.2 … Continue reading

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NYT: The Detroit police are rounding up the scrappers.

The Detroit police are rounding up the scrappers. It is necessary but heartbreaking. A huge national jobs program would have been helpful to all kinds of people. A beautifully written report by John Eligon. Crackdown in a Detroit Stripped of … Continue reading

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NYT: “Budget Battle in G.O.P. Is Test of Governance” Fiscal hawks vs military hawks

My favorite comment is: Tuhay NYC 15 hours ago Despite their supposed fixation on the debt, the debt has risen 60% as a percentage of GDP under Republican presidents after Eisenhower and fallen 9% under Democratic presidents during the same … Continue reading

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NYT — Saint Nich throws another lightning bolt.

When Liberals Blew It Fifty years ago, Daniel Patrick Moynihan argued presciently that the rise of single-parent households would make poverty more intractable. Have we learned anything since? nytimes.com|By Nicholas Kristof

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Frank Bruni illuminates “Benjamin Netanyahu, John Boehner and America’s Evangelicals”

A good friend of mine recently said she would like to know a right wing Republican writer or two, to understand the other side better. Here you go. I don’t understand this story, but I learned a lot from it, … Continue reading

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