Musings on Thomas Malthus, the Hellenistic Age, the Loyal-Spirit Great Kings of Iran 550-330 BCE, and Other Topics: The Honest Broker for the Week of August 17, 2015

Today's Economic History: Paul Krugman muses: Paul Krugman: SPQR And All That: "Adrian Goldsworthy’s The Fall of Carthage... ...All pre-industrial societies, I thought, were Malthusian... at the edge of subsistence... [and] a small elite, 5 or 10 percent... liv[ing] on resources extorted.... This model still seems to me to be pretty good for the Roman… More >

Why Did the Supreme Court Decide Yet Another ObamaCare Case Today?

This morning, Republican-appointed Supreme Court Chief Justice John Roberts wrote and five of his colleagues -- Democrat-appointed Breyer, Ginsburg, Sotomayor, and Kagan, and Republican-appointed Kennedy -- agreed that: Section 18031 [of the Affordable Care Act--i.e., the ObamaCare Law--] provides that “[e]ach State shall . . . establish an American Health Benefit Exchange..." [But] if [a]… More >

The Great Depression and the Great Recession in the North Atlantic

The Great Depression and the Great Recession in the North Atlantic 2015 McKenna Lecture :: Claremont-McKenna College Back in 1959 Arthur Burns, lifelong senior Republican policymaker, Chair of the Council of Economic Advisers under President Eisenhower, good friend of and White House Counselor to President Nixon, and Chair of the Federal Reserve from 1970 to… More >

The Future of Weblogging in the Medium Run: The Honest Broker

Glaukon: So: Blogging... Sokrates: Indeed... Hypatia: I would like to start by offering the floor to the Great and Good Felix Salmon: Felix Salmon: To All the Young Journalists Asking for Advice...: I’m also very flattered by the lovely things you said... about how you’d love to have a career in journalism... do[ing] the kind… More >

The Rise in Inequality: The Honest Broker

Event - Income and Wealth Inequality in the United States: Evidence, Causes and Solutions | Rice University's Baker Institute: The policy debate on the sources, causes and potential solutions to rising income and wealth inequality has intensified in the past few years. Recently, French economist Thomas Piketty’s popular book 'Capital in the Twenty-First Century' garnered… More >

William Gale Responds to Me on the Fiscal Sitch…: The Honest Broker

William Gale wrote: http://www.cato.org/publications/cato-online-forum/get-fiscal-house-order And I wrote: http://equitablegrowth.org/2014/12/02/question-william-gale-fiscal-outlook/ And now he responds: William Gale: Recently, I wrote an article on the role of fiscal policy on economic growth. I argued that, if we want to raise living standards of future generations, a major priority should be reducing the long-term ratio of public debt to GDP.… More >