Archive for the ‘New Posts’ Category

FMI (Friday Musical Interlude)

June 24th, 2011

Travelling today, so light posting at best. But first, some business of paramount importance: Ray Charles makes his FMI debut! It shouldn’t have taken me this long to get to Ray.  For me, at least, no matter what craziness is going on in the world, after about two seconds of hearing that voice, I’m fully… Read more

This is What I Mean

June 23rd, 2011

Re my principles for enacting good policies and avoiding bad ones, someone showed me this oped on how to link a repatriation tax holiday to capitalizing an infrastructure bank. Here’s the linkage mechanism: “In return for obtaining the cash infusion of overseas profits into the infrastructure bank, the Treasury would forgo taxation on a schedule… Read more

Slack Attack!

June 22nd, 2011

I’ve been working on explaining pictures like the one below, trying to understand why middle-class incomes so dramatically stopped tracking productivity growth. Productivity gains are society’s main path to improved living standards, but if those gains elude the middle class, it’s not a reach to say that the glue holding our society together starts to… Read more