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Obamas Wrong Note on Foreclosures

As Election Day nears, President Obama is regaining his populist mojo. His State of the Union speech was mostly pitch perfect, evoking core American themes of opportunity and optimism, and calling for “an economy where everyone gets a fair shot, and everyone does...

The Bank Deal Ante Before The Cards Are Played

The bank settlement of $25 billion over three years from five major banks for robo-signing forgeries is being hailed in Washington and scoured by leading bank critics. It is hard not to be suspicious of any settlement that the banks would agree to. I’m reminded of...

Manufacturing On Planet Economus

Economist Christina Romer had an op-ed in the NY Times this weekend, Do Manufacturers Need Special Treatment? The question that keep coming back to me is why did she feel the need to write an op-ed to diss manufacturing? Is it just an economist thing? Or is she, like...

Professor Romer Needs Manufacturing 101

Christina D. Romer, the former chairwoman of President Obama’s Council of Economic Advisers, took U.S. manufacturing to task recently in a New York Times op-ed.  Headlined “Do Manufacturers Need Special Treatment?” Romer suggests that support for manufacturing...

Put A Ring On It The Economics of Equality

In my previous post, I wrote that I'm likely to hear an old favorite conservative talking point repeated over and over again while I'm at CPAC: Married cures poverty, economic inequality, and just about any other economic complaint you can name — especially for black...

John Galt is a Crybaby and So Are You

Dear Self-Described "Producer": I received your hate mail this morning. Thank you for emerging from your self-creating illusion long enough to write it. I particularly enjoyed your unstated rhetorical debt to the John Galt character in Ayn Rand's Atlas Shrugged, who...

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