Category Archives: Economics and the like

A fascinating article from 1945: An economist who was a P.O.W. during WW2 describes the POW Camp economy which developed. We reached a transit camp in Italy about a fortnight after capture and received ¼ of a Red Cross food … Continue reading →

Over at The American Prospect, a centrist democrat and a liberal (Will Marshall and Robert Kuttner) are proposing economic strategy for the Democrats, under the slogan “If these two can agree on a progressive strategy, so can you!” I actually … Continue reading →

The Fifty Minute Hour approvingly quotes from this New York Post columnist: On the issue of affluent Americans paying more income taxes, John Kerry is, as always, consistent in his inconsistency. On the campaign trail, he’s in favor of raising … Continue reading →

This post by economist Brad DeLong is worth reading for a couple of reasons. First, because he quotes a skeptical American Prospect article about outsourcing at length. So go over and read that bit. Second, because of the extraordinary weakness … Continue reading →

Finally, it is not true that the remedy to the problems of globalization is “more globalization.” We often hear, for instance, that cutting trade barriers to farm goods from the Third World is the big solution to many development problems. … Continue reading →