The Links:
Thoughts on real estate prices in San Francisco and Los Angeles.I think he is missing one crucial aspect: demand.
A case study in why I never want to own a home. Condo, townhome? Maybe. But never a house.
The budget deficit, you know, the one those republicans are always harping about, has reached a 7 year low. Democrats: they'll slash spending!
Which raises the question, should we aim for a budget surplus? Keynesians should say no. I suppose that it's not a bad idea during a strong economic boom (like at the end of the Clinton years) but not during tenuous recoveries.
Iceland removed it's capital controls this week. Are those lessons generalizable elsewhere?
Does Finance have a role in macroeconomics. Yes, obviously.
I read this as yet another example of firms behaving exactly the opposite of how economics text books say they should behave. The freshwater school would look for some kind if distorting regulatory apparatus but that doesn't exist in this case.
Goodbye UW Madison. Yeah, if anyone is thinking about starting a graduate program there, maybe loos elsewhere. Your faculty are going to be very busy polishing resumes and interviewing for jobs elsewhere. I can't wait until a Scott Walker presidency.
Criticism of the Clinton campaign's focus. I agree whole heatedly and I'd add climate change and our various international crises to the list of things Clinton is mostly silent on. However, look at the list of things she's been vocal about. Those are the issues the modern left cares about. Those are the issues which will get out the vote.
This week in particular, the president Clinton hopes to replace — if she can break the historical trend that has allowed a party to win a third consecutive term in the White House only once since 1948 — is on edge. President Obama is simultaneously awaiting the outcome of a House vote on trade promotion authority, negotiations on a nuclear deal and a Supreme Court decision on the Affordable Care Act that could potentially dismantle the country’s healthcare system. On all of these issues Clinton has been silent...
Clinton doesn’t like answering questions, so she likes to say the campaign isn’t about her, it’s all about the voters. That might be fine this year because she believes no one can defeat her for the Democratic nomination, but next year in the general election it will actually be about her. Support for same-sex marriage, debt-free college, campaign finance reform and more access to early voting may be appealing to her base, but they aren’t the most urgent issues. She should find the guts to confront them soon if she really wants to be president.A most excellent glossary of terms used in reference to the new civil right movement.
Thug: The so-called "criminals and thugs" described by President Barack Obama in his response to the events of 2015 Baltimore are, in the century of the US prison, a racialized group. Despite arguments to the contrary, "thug" is not a universally or equally applied term, making it the reserve of a select few. As Seattle Seahawks Cornerback Richard Sherman and Baltimore City Councilman Carl Stokes separately argued, "thug" is now a proxy for "nigger," exhibiting a kinder, gentler racism that is no less consequential for its target.Our reinvasion of Iraq escalates.
Did you ever watch Are You Afraid of the Dark? Here's a lisitcle.
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