Because I am a bad blogger.
The real IRS argument
To talk now of a “smoking gun” is like witnessing the Battle of Waterloo and saying: “Hah! A smoking gun! Over there!” True, but daft.
Why pre-tax inequality matters. Basically because other people getting big pre-tax numbers make people feel bad. To the left, such feelings are a good reason for government action.
More Interest-Rate Graphs. Cool remedial interest-rates-for-dummies post.
Reservists in lieu of a standing, trained army? Really?
Mean Liberals. My only dispute is with the word ‘liberal’. The American left is anything but.
“Margot at the Wedding”. Maybe I’m misreading but seems like he didn’t like it. I loved it!
The ”I-Word” Isn’t a Curse. As I’ve said many times, we need more impeachments not fewer. Ideally, all Presidents would be pre-emptively impeached upon swearing-in.
I Wonk, Therefore I Am: The Limits Of Republican-Bashing. For the Smart People file.
The Obamacare Shell Game (Part 1)
Freddie, Fannie Profits
I expect these profits to continue, because the business model right now is excellent. The government is saying to mortgage originators:
1. Do not originate any loans that do not comply with our rules.
2. We cannot tell you what the rules are yet, because they are not final (it’s only been, what, 3 years since Dodd-Frank passed?)
3. But Freddie and Fannie have an exemption, so anything they will take you can originate and we won’t bother you.
People also need to keep in mind that ‘profits’ in year M>N are not so impressive when you took a buttload of writedowns (losses) in year N. (I can easily produce ‘profits’ for your business if you transfer all of its assets, whatever they are, over to me at a mark of 0 and take that loss yourself.)
Another Obamacare Implementation Success Story—Hospitals Finally Getting Serious About Handwashing. Unsurprisingly Matthew Yglesias buys the (I’ll tell you right now, BS) idea that hospitals haven’t been handwashing and that “Obamacare” has fixed that.
Will No One Rid Me of This Meddlesome Economist?
Who Has the Squeeze Box? Compelling case for TSLA short squeeze.
Joblessness causes mortality, not obesity
I’ve previously suggested that the government pay people to play online games like World of Warcraft…
What a coincidence, I’ve previously suggested that (if you consider the big-picture of what welfare & unemployment is), in some sense, we already do.
Don’t worry, the only bad impact from higher debt is higher taxes. Feel better?
The declining importance of non-human capital
Common sense from lefties on the Cheap Labor bill
Seriously, if you ever catch me using the word ‘derp’ in earnest and thinking I am making a real tangible point of some sort, just kill me. Of course it would be my new favorite economist Noah Smith who invents a dumb-ass, facile defense of how it’s being (embarrassingly) used. Literally, I am vicariously embarrassed for the people like him who keep using this 15-year-old term on Twitter thinking it makes them hip.