Monthly Archives: April 2013

Woops!

If you want to know how economic reports influence your world for the worse, look no further. Here’s Yves Smith at Naked Capitalism. Linchpin Pro-Austerity Paper Rife with Errors; Recomputed Results Show No Growth Hit from High Government Debt Economist’s … Continue reading

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It’s all about the rents

John Maynard Keynes was famous for his acerbic quote: Euthanize the rentiers. How did we come to worship the rentiers in our economy instead? I’ve been nattering on about the scourge of rentiers since CK’s inception, and how classical political … Continue reading

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Eating Your Foot

We have an amazing amount of stupid in our country when it comes to economics. Case in point. One of our state legislators, representative Jake Andregg, R–Lehi, claims that taking federal money for Medicaid expansion, is akin to cannibalism. “It’s … Continue reading

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