or, Pertaining to a conversation about political philosophy basics, interrupted by a Comcast service interruptionIn a strictly unpolitical setting, one of my many online acquaintances recently said something without warning that spurred a fun dialog that we were forced to carry on in private; "OBAMA HAS SPENT MORE IN THE FIRST THREE MONTHS OF HIS ( Read more... )

People on my side of the economic spectrum have a strong distrust of everything "globalization," so I try and compensate for that bias. Still, I can't get over the fact that a global economy will not follow the same rules of a local economy, and the repercussions of moving an industry to another country are far different from moving to another city ( Read more... )

I almost wanted to do a comparison of fiscal and monetary policy, but I don't know if it can really be done since the biggest proponents of monetary policy say the best monetary policy is to not do anything. How boring. I guess I just wanted to write about fiscal policy anyway, and deficit spending in particular ( Read more... )

There's nothing new about Limbaugh and Coulter, and nothing interesting except in a horrific car wreck kind of way, but I was struck by the wording of one of his daily incendiary comments when he said "I hope Obama fails". He later went on to clarify that he "hopes liberalism fails," and implied that the two statements are essentially the same. ( Read more... )

My economics teacher (or The Prof, as I would call him if we were at all familiar) mentioned the "Tragedy of the Commons" today, and I really had to squirm to prevent myself from interjecting the status of that story as being debunked. It's still meaningful as a parable but it should come with some serious asides. This article details what I'm ( Read more... )