bhowatt

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Economist's View

An Updated Look at the Beveridge Curve: A Step Away from Normal

The number of job openings climbed in April to the highest level since before the recession began, according to a Labor Department report this morning. That’s good news for the economy overall, as more job openings ought to mean more opportunities for the unemployed to find work or for people to …

Liberalism unbound: Free lunch and dinner--all you can eat! | EconLog | Library of Economics and Liberty

Let's think about (left) liberalism over the last 50 years. By the 1960s, income had become relatively equally distributed. Liberal economists grew …

Economist's View

Brad DeLong, who is sitting next to me, responds to David Andolfatto/Stephen Williamson (see the post below this one):

Wells Fargo Reports 28% Jump in 401K Borrowing; Reflections on the Economy

In spite of the alleged recovery, in spite of falling unemployment numbers, and in spite of a stock market boom, Wells Fargo 401(k) Loans Jump 28% as …

Spending the Money of People Not Yet Born

Here’s a letter to the <i>Washington Post</i>:<p>Charles Krauthammer rightly complains that in Pres. Obama’s new budget proposal “The actual deficit reduction …