Ab-Norm-al Econ

Tuesday, April 30, 2013

The Sequester Is Not The Only Budget Problem In The US

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Dean Baker is not happy with the sequester.  It will have an impact on the US economy.  The focus on the sequester by Obama, however, obscu...

George Will Deny's Global Waming Again

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George Will has been global warming denier for some time.  He, along with David Brooks are the most frequently appearing conservative pundit...

OECD Economist Defends Austerity Strategy

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According to OECD fiscal consolidation ( AKA austerity) is working in Europe .  The problem in Europe is poor communications with the public...

France Cuts Defense Spending In Response To Budget Crisis

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This article outlines the reductions in defense spending in France.  The government has to choose between spending cuts which affect its so...

Austerity:The History Of A Dangerous Idea

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Mark Blyth wrote a book with the title of this post.  He traces the idea of austerity back to the development of liberal economics in Englan...
Sunday, April 28, 2013

Will Japan Fix Its Number One Problem?

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Noah Smith praises Japan's new premier for doing what he said that he would do with monetary policy.  He wonders what he will now do wit...

Paul Krugman Defends Himself Against The Ignoramus Strategy

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This article by Krugman was inspired by a rant on TV by a venture capitalist about him.  The VC argued that his theories about the economy w...
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