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politics Uncategorized

The Political Legacy of American Slavery

The Political Legacy of American Slavery >Whites who currently live in Southern counties that had high shares of slaves population in 1860 are less likely to identify as Democrat, more likely to oppose affirmative action policies, and more likely to express racial resentment toward blacks But if you suggest racism is still a problem, or […]

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economics Uncategorized

we have turned good workers into criminals and turned criminals into bad workers

Jose Ranye, 37, bragged he’s the best picker in Americus, the largest community near the farm. His whirling hands filled one bucket in 25 seconds. He said he dumped about 200 buckets of cucumbers before lunch, meaning he earned roughly $20 an hour. He expected to double his tickets before the end of the day. […]

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economics Uncategorized

What is the case for the Fed?

If you take the relevant division to be “before and after WWII,” the Fed looks pretty good. From What is the case for the Fed? More honest discussion on the fed, demonstrating it is possible to debate its merits without hyperbole.

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economics Uncategorized

Has the Fed Been a Failure?

2013 will mark the 100th anniversary of the Fed.  What have we got for our money? From Marginal Revolution: Has the Fed Been a Failure? Fair critique of the FED.

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economics politics Uncategorized

Apportioning Blame for the Deficit

David Leonhardt’s column breaking down the “causes” of the budget deficit has been widely reported and the bottom line repeated many times: President Obama’s agenda, ambitious as it may be, is responsible for only a sliver of the deficits, despite what many of his Republican critics are saying. Marginal Revolution: Apportioning Blame for the Deficit […]