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justoneminute.typepad.com - 1/26/2009

Old Dogs, New Tricks, All Change

— justoneminute.typepad.com — Republicans are out, Democrats are in, and everyone must change sides! This dynamic may create awkwardness for those who have left a paper trail but will also create a target-rich environment for others. Let's start with the Most Influential Lib... (more) Old Dogs, New Tricks, All Change

White House

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5

firedoglake.com - 1/25/2009

Krugman Pwns Donaldson on Effectiveness of Stimulus Programs

— firedoglake.com — This morning on "This Week," Sam Donaldson found out why you shouldn't talk about economics if you don't know anything about economics while sharing the stage with a Nobel laureate in economics. DONALDSON: The new head of the ... (more) Krugman Pwns Donaldson on Effectiveness of Stimulus Programs

White House

Paul Krugman

Stimulus Plan

Comments vote downundo vote up INSTAPUTZ found this 1/25/2009found this

4

meganmcardle.theatlantic.com - 1/14/2009

The Laffer curve of the Democrats

— meganmcardle.theatlantic.com — From Paul Krugman's website, a commenter asks an incisive question : Is it just me, or is this argument for government spending starting to sound just a bit like the Democratic version of the Laffer Curve? i.e. more borrowing means more tax revenue, ... (more) The Laffer curve of the Democrats

World

Paul Krugman

Comments vote downundo vote up The Glittering Eye found this 1/14/2009found this

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Should Obama Seize Citigroup?
Opinionator — ... to generate that many years of profits? Will banks owned by the government be allowed to pursue profits, rather than lending to troubled industries in the districts of influential Congressmen? Or will government just stick money in the bank and hope they have thereby created a sound enterprise? Quiggin’s argument is that current rescue efforts — especially including leaving current bank managers in place — simply won’t work. Blogging today in response to Surowiecki and others, Quiggin writes : Financial restructuring is going to be a huge challenge, involving both a radical ...

Save the mad scientists
The Reality-Based Community — ... a welcoming culture for off-the-wall ideas, and tolerance for failure. It is then no surprise that historically creativity has tended to cluster strongly in particular and exceptional times and places: the Athens of Pericles, Medici Florence, London around 1600, Amsterdam a little later, Göttingen in the 1920s, Silicon Valley in the 1960s. Manhattan today offers an example of a culture that rewards misplaced creativity in finance - banking should be a boring public utility, as John Quiggin says. Some cultures have welcomed innovation only in certain fields - Baroque Germany ...