real economics
Tuesday, September 14, 2010

Getting to a real plan

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I have spent most of my adult life in a frustrating pursuit of a sustainable future--retrofitting houses, writing books, promoting solar / w...
Monday, September 13, 2010

Real problems cannot be solved by dishonest people

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The biggest problem with finance capitalism is that even when the Predators are at their best, they are still essentially useless.  This dis...

Economics as lame theology

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Yes, the study economics is a spin-off of the subject of moral philosophy.  And Yes, religion often has a great deal to say about the subjec...
Sunday, September 12, 2010

Austan Goolsbee--be very VERY afraid

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Austan Goolsbee, the guy tapped to become Obama's new chief economic advisor, is just 41 years old.  If you believe, as I do, that the B...
Friday, September 10, 2010

Getting out of the Great Recession

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In some interesting ways, history is repeating itself when comparing the current economic mess to the Great Depression.  Just like in the 19...
Thursday, September 9, 2010

Japan's moon shot

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Because of the terms of the Japanese surrender in 1945, they no longer have a real aerospace industry.  So Japan's rocket scientists wor...
Wednesday, September 8, 2010

Producers having fun

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Toyota's Lexus division is just a little over 20 years old.  To call Lexus a screaming success would be, at best, an understatement.  He...

More on the Producer / Predator conflict

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While it is economically obvious that those persons who are not Producers simply must fasten themselves on the backs of the Producers throug...
Tuesday, September 7, 2010

$50 billion of economic stimulation is PATHETIC

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$50 billion (the size of Obama's economic stimulus package ) is not even a small down payment on the necessary work that needs doing an...
Monday, September 6, 2010

On Labor Day and its importance

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I happen to like Producers as people.  I like watching what they can do which is often beyond amazing.  And considering how shabbily Produce...
Sunday, September 5, 2010

The Ongoing Conspiracy to Roll Back the New Deal

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In his commentary The Billionaires Bankrolling the Tea Party last week on Jane Mayer’s important New Yorker article on how the Koch brothe...

Sinners in the Hands of an Angry Market

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One of the great sermons of American colonial puritanism is Jonathan Edwards' 1741 classic Sinners in the Hands of an Angry God . Americ...
Saturday, September 4, 2010

Today's theme is "getting it wrong!"

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One of the (many) problems with thinking you are #1 and hence always right, is that you tend to misread the situation in other lands. Let...

Spend the freaking money!!

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Well, the new infrastructure report for 2010 is out and USA gets an overall grade of D.  I personally never liked the idea of getting a D s...
Friday, September 3, 2010

On taking peak oil seriously

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I think I take the subject of energy more seriously than most because of where I live.  Minnesota gets cold enough so there are times when h...
Thursday, September 2, 2010

The logic behind the old fiscal arguments

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People forget the Keynes and Keynesianism was actually the right wing / banker position on monetary and fiscal debates that had been around ...
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The economics profession really REALLY sucks

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Yesterday, Christina Romer--one of the supposedly enlightened members of Obama's economic team--gave a speech to the National Press Club...
Wednesday, September 1, 2010

Going on up to Edgar

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Spent part of the weekend near Edgar Wisconsin with Tony at his book stand.  If you ever want to know how he comes to know so much about the...
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