Tag Archives: education

Fiscal Stimulus: Target The Oversupplies


Adding a bit to Krugman’s latest. Think about it: what would the true costs be of repairing our roads? It wouldn’t divert capital from other investments — capital has no place to go, and markets are practically begging the federal … Continue reading

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Do Americans Increasingly Want to Work Less?


Just a comment to Paul Krugman’s Slackers At The Fed post. I would add that we should also consider whether it makes sense that there should be a permanent secular decline in the labor participation rate – a “sanity check.” … Continue reading

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Capital and Water: Recognizing Flows And Their Properties


Related to my previous post, Brad DeLong’s take, reading several comments there, and just our listening to our society in general… We talk a lot about the failure of US students in science and math. That matters because it makes … Continue reading

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When Democracy Faces Functional Constraints


Paul Krugman gets pessimistic, noting that despite the intellectual collapse of austerity economics, there doesn’t seem to be any policy change anywhere on the horizon – and more importantly, there doesn’t seem to be a building public outrage for change. … Continue reading

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