Recent Economics Posts

The Krugman Blues

A little night music: Loudon Wainwright III performs 'The Krugman Blues' at Madison Square Park in NYC (June 17, 2009)Note: The last music video I posted featuring an economist was… Read more »

Back to the Stimulus Debate: W, Timing, the States, and Baselines

A "W" Recession? Martin Feldstein has recently raised the possibility that we might experience a relapse into recession (a perfect symmetrical W), with the next dip in 2010. In my… Read more »

Another Involuntary Landlord and Summary

A little sublease space in D.C.Click on photo for larger image in new window.Photo Credit: a reader in dcTaken today, July 2, 2009. Employment Here is a repeat of one… Read more »

Aw, shucks

From the inbox: Tim and John, Thank you for your posts on Environmental Economics about the ACES bill. The Sierra Club has put together this YouTube video that thanks activists… Read more »

Bank Failure #52, 7th Today, Founders Bank, Worth, Illinois

Six was not enoughFounders gambled deposits Then rolled a seven.by Soylent Green is PeopleFrom the FDIC: The PrivateBank and Trust Company, Chicago, Illinois, Assumes All of the Deposits of Founders… Read more »

Three More Bank Failures: #49, #50, #51

Sextuplet failureLike Whack-A-Mole, banks pop upHammered by the man.by Soylent Green is PeopleFrom the FDIC: Millennium State Bank of Texas, Dallas, Texas From the FDIC: As of June 30, 2009… Read more »

Naught for the Naughts?

On the '00s (the "Naughts") ...Employment Dec 1999: 130.53 millionEmployment Jun 2009: 131.69 millionA gain of just 1.16 million. What are the odds that the economy loses another 1.16 million… Read more »

Three More Bank Failures: #46, #47, #48

John Warner collapseThis Lincoln State bank fell hardNow worth a penny.First State... Second FailWinchester, shot by bank RegsAny more Partner?A vein has openedRed ink drains from Rock RiverNo stop to… Read more »

What’s up with Political Theory?

I asked this question over at the Monkey Cage, a political science blog that I also contribute to, and was greeted with a resounding silence (political theorists perhaps being disinclined… Read more »

America's terrible institutions

Not unique, but pretty awful Read more »