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Blogs about: Economic Follies

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McArdle Mini-Me Follies, Real Estate Economics Division

Tom wrote 2 days ago: Blogger’s note: You’ll find below that I use an anonymous source to support my attempt t … more →

Tags: bad ideas, glibertarians, crash of 2008, Great Recession, McArdle, Mortgage backed securities

How's That Austerity Thing Working For You?1 comment

Tom wrote 3 months ago: Just to remember how bad Republican notions that we should cut spending in the midst of a recession, … more →

Tags: Republican follies, David Cameron, austerity, Europe, Republican Voodoo Economics

By The Way, David Brooks Is Still Always Wrong5 comments

Tom wrote 6 months ago: I know this is already long since fishwrap, but amidst the many disembowelings of David Brooks disco … more →

Tags: Republican knavery, stupidity, Bad writing, MSM nonsense, Health Care, david brooks, Markets, MAR

You Can Always Tell A Harvard Man (And Woman)...

Tom wrote 8 months ago: …You just can’t tell how much damage they will do. The reality-based community took it o … more →

Tags: Republican knavery, Fiscal Policy, Economics, republican fail, budget woes, Hawks and Doves, Deficit nonsense

Eternal Vigilance...

Tom wrote 9 months ago: … is the condition upon which God hath given liberty to man, you know. And while “libert … more →

Tags: words mattter, Republican knavery, Journalism and its discontents, MSM nonsense, Decline and Fall, New York Times, federal reserve, Inflation, David Leonhardt

Even When They're Right, They're Wrong.

Tom wrote 10 months ago: So, the banks, some of them, finally figure out that (some) loan modification is better than the alt … more →

Tags: stupidity, The Crash of 08, Mortgages, WASF, Banksters, Banks

And In Other News...WASF2 comments

Tom wrote 1 year ago: Just got round to Richard Wolff’s Friday column at Guardian.com, and he paints a macrocosmic v … more →

Tags: Republican knavery, Decline and Fall, Economics, Political Economy, double dip recession, Political Dysfunction

Children With Matches, Playing in the Powder Magazine.

Tom wrote 1 year ago: …That would be your present-day Republican party. The just concluded budget skirmish was a mer … more →

Tags: Republican knavery, stupidity, Recklessness, Bad Behavior, Two Parties -- Not the Same, Debt, Republicans

Reality Has A Well-Known Liberal Bias, Wisconsin Edition

Tom wrote 1 year ago: I know that probably everything below is obvious to this audience and/or already presented better by … more →

Tags: political follies, Republican knavery, stupidity, Republican follies, Wisconsin, Governor Walker, massive stupidity, Social Contract

Lest We Forget: How The Banks Are REALLY Screwing Us In The Foreclosure Mess6 comments

Tom wrote 1 year ago: Everyone, and I mean everyone you ought to be reading, has been working through the mechanics and th … more →

Tags: Who thought that was a good idea?, quis custodiet ipsos custodes, deceit, fraud, foreclosure, Banksters

Too Busy To Post, Too Enraged Not To Note The Latest Bit of Fraud/Nonsense--Mortgage Backed Securities/Foreclosure disaster edition6 comments

Tom wrote 1 year ago: On multiple deadlines today, but I couldn’t resist this juxtaposition. First, this, from two w … more →

Tags: quis custodiet ipsos custodes, stupidity, deceit, Bad Behavior, massive fail, mortgage crisis, WASF, fraud, foreclosure

My latest letter to President Obama/Alan Simpson must go edition13 comments

Tom wrote 1 year ago: I’m back, sort of, though still buried in start of term nonsense, But just to dip my toe back … more →

Tags: Republican knavery, stupidity, Democratic knavery, Barack Obama, Alan Simpson, Social Security

Just a Wee Bit of McArdle Snark to Keep My Hand In: She's Still Always Wrong, but Makes a (Sad) Funny Nonetheless, Krugman, Ryan and Judt edition2 comments

Tom wrote 1 year ago: I’m off on a two week holiday to a secure undisclosed location that is blessed by no landline … more →

Tags: Republican knavery, In Memoriam, stupidity, Policy, snark

McGeorge Bundy Lives! (Or Harvard's Revenge on Itself and America, Larry Summers edition)7 comments

Tom wrote 1 year ago: While I’m trying not to start drinking Mezcal at noon, reading stuff like this (h/t Atrios) an … more →

Tags: Larry Summers, Christine Romer, mcgeorge bundy, Requiem for the American Economy

On Gary Johson, via E. D. Kain -- The Eternal Return of the Magic Pony Salesman, Libertarians Hate Reality edition7 comments

Tom wrote 1 year ago: Note:  this is an expansion of a comment left over at Balloon Juice. Over at Balloon Juice, new fron … more →

Tags: stupidity, Fiscal Policy, Decline and Fall, Conservatives, libertarian nonsense, Data matter, republican fail, Gary Johnson, federal reserve

Why Friends Don't Let Friends Cite The Atlantic's "Business and Economics Editor": Further to the Megan McArdle is Always Wrong chronicles.114 comments

Tom wrote 1 year ago: Update: Greetings to everyone coming here via TBogg, Susan of Texas, Eschaton and Brad DeLong … more →

Tags: words mattter, Caveat lector, Journalism and its discontents, Health Care, Bad Journalism, Data Hygeine, health-care reform, megan mcardle, Elizabeth Warren

Sitting Republican Senators Who Voted to "Raise" Taxes for Next Year

Tom wrote 1 year ago: I started this post yesterday, put it aside to listen to some very loud, very find jazz last night, … more →

Tags: Politics, Republican knavery, Bad Behavior, Fiscal Policy, credit where credit is due, GOP follies, Tax nonsense, selective amnesia

Now I Remember Why I Never Read the Daily Beast: LLoyd Grove/"Elites" (sic) edition6 comments

Tom wrote 1 year ago: Here I am, sitting at my desk, trying to get my head around an email inbox of more than 1700 items, … more →

Tags: bad ideas, words mattter, stupidity, Journalism and its discontents, Bad writing, daily beast, Niall Ferguson, conventional wisdom

A Tale of Two Financial Stories, or Why it Helps to Pay Attention to the Man Behind The Curtain -- Paul Krugman and NPR edition3 comments

Tom wrote 2 years ago: Two stories caught ear and eye this morning. First, in terms of my attention, this one from NPR, hea … more →

Tags: Journalism, radio, Journalism and its discontents, Decline and Fall, Economics, npr, Goldman Sachs, Paul Krugman, ratings agency


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