Category: Uncategorized
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Justice Harlan rebukes Scalia and Kennedy
When this court had before it the question of the constitutionality of a statute of Kansas making it a criminal offense for a contractor for public work to permit or require his employees to perform labor upon such work in excess of eight hours each day, it was contended that…
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Justice Holmes rebukes Scalia
This case is decided upon an economic theory which a large part of the country does not entertain. If it were a question whether I agreed with that theory, I should desire to study it further and long before making up my mind. But I do not conceive that to…
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States Rights
Theodore Parker on the Fugitive Slave Act: Yes, we are the vassals of Virginia. She reaches her arm over the graves of our mothers, and kidnaps men in the city of the Puritans; over the graves of Samuel Adams aNd John Hancock. [Cries of’Shame!’]’ Shame!’ so I say; but who…
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Confederate economics
Protecting slavery and prohibiting government assistance for economic development – that’s most of what the Slave states changed when they seceded and came up with a modified “Confederate” constitution based on the actual US constitution.The leaders of the Confederacy wanted a nation composed of slaves, poor white people to be…
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Dividend Recap
“Dividend recap” is a great finance term that more people should know. It is a type of transaction that is common in the private equity world, the world of Mitt Romney’s Bain Capital. Basically the idea is that you take control of a company and then make the company borrow…
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Smearing Trayvon Martin versus 9th grade journalism
Rene Stutzman of the Orlando Sentinal published a terrible, deceptive, and propagandistic article on Trayvon Martin’s killing. The first paragraph, the lede as we learned to call it in 9th grade, is frankly despicable. Here’s what she wrote: With a single punch, Trayvon Martin decked the Neighborhood Watch volunteer who…
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Manufacturing, economics, and democracy
(From 2012 when Tesla and Facebook were far less pernicious and when Obama made things look more hopeful) President Obama wants the government to do more to help rebuild America’s manufacturing. Many economists have responded to his initiative by giving their opinion on the question of “Should the government intervene…
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Christina Romer and manufacturing
In the his state of the union speech, President Obama stressed the importance of rebuilding a manufacturing economy. This idea is not popular among “liberal” economists. During the worst of the panic in 2009, Robert Reich piped up attack the auto rescue because we should all work in the service…
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It is all about me, after all.
Fred de Boer has an essay up on his admiration for Ron Paul and how the mean people berate him about it. Fourteen paragraphs – not including updates. Here’s some starting phrases/sentences for each paragraph – except for the 4 that do not begin with I or we. When I…
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Left behind – the US “left” wanders off to nowhere
originally published at The People’s View. Dean Baker is widely seen as “to the left” of Barack Obama and Obama’s famously (among some people) evil “neoliberal” economic team. But Baker, like Robert Reich and to some extent Paul Krugman, are deeply committed to a orthodox economics ideology that is essentially…
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