Back when I worked for the Obama administration, I remember a depressing meeting our econ team had, circa late 2010, after the Tea Party came to town and pretty much shut down the Congress as far as policies to boost the still-weak recovery. The point of the meeting was to come up with policy ideas… Read more
Apropos of nothing (and sorry for a cat anecdote vs. hard-hitting econ analysis – a strong dose of that is on its way), I’ve noticed something of late that I’ve found interesting. My cat supports the TPP but opposes comprehensive immigration reform. That is, she doesn’t mind when neighboring cats hang out in our yard. She… Read more
The recent minimum wage debates among the various campaigns are pretty disconnected from a model of how the damn thing actually works in the real world. In part, that’s a function of campaigns not doing nuance, but it’s also because there is no model that economists agree on as per why the empirical results on minimum… Read more
Strange title, I grant you, as primaries on either side don’t do nuance. They tend to be more about distilling nuances out of the brew so as to provide the base with the undiluted platform. In the general election, hard edges soften, as candidates undertake the delicate dance of holding the base while courting the… Read more
Every once and a while I feel compelled to collect thoughts about immigration, a difficult and touchy subject, with grains of truth scatter about along with gobs of non-truths. Over at PE.