September 16th, 2011 | Published in Uncategorized
Consider these as you reflect on this week’s anniversary of 9/13:
A little knowledge (about politics) is a dangerous thing.
Fiscal stimulus vigilante watch: “The insistence that fiscal consolidation is necessary in the longer term . . . is both lacking in decency and irresponsible.”
More on why you can’t fix the economy just with monetary policy, and you instead need debt relief for households and deficit spending by the state. See also JW Mason for a techier rendition of similar points. I hope to weave this into some longer writing about the liberal vs. left vs. right debate in macroeconomics, for which today’s “capital strike” post was a down payment.
The Great American Jobs Machine is now a broken-down hooptie.
Student loan debt default rates are getting ridiculous.