Larry King, guest blogger
Credibly promising to be irresponsible...since 2004!
People, it just never ends. Now a group in California is suing Mickey D's over their happy meals. It turns out that kids like them and get mad if mom says no. So mom is suing!!
(We like the reindeer outfit for the BMW. And before you ask, Tanzi was off camera rolling in something disgusting, so nobody wanted to grab her and get her to sit down)
I have been trying to lay low. In fact, flat. MAG brought me over a massage table, which is like a sturdy cot, but with a frame with a hole in the middle so I can lie face down and read through the hole.
Labels: books to read
It's not the Fed, or my tax bill, or the lack of a local Whole Foods, it's grading. And right now, it's the grading time of the year.
As you people know, I've been a big advocate of increased immigration and, yes, of amnesty and a path to citizenship for our "illegals".
I am a little bit confused about Fed policy evaluation 101. I seem to be flunking that course.
A bizarre modern remake of Coriolanus was enacted in a basement hearing room in Chicago yesterday. (nod to Anonyman for the NTY link)
This is cute, for several reasons.
A paraphrase, from "Moulin Rouge," Lady Marmalade.
Angus's wunderhund, Pluto (aka Mr. Tootie, etc.) has a brother.
Labels: animal stories
LA Clippers owner Donald Sterling is many things, slumlord, racist, sexual harasser, astute business man (he bought the Clips for 12.5 mil, now worth over 200 mil).
New Flash: Regulation helps established firms, creates entry barriers, and protects profit.
Harry Reid and the Senate democrats think they know what President O and the Republicans evidently don't: how to lure the House Dems into supporting the tax deal.
Of all the weird stuff surrounding the tax deal (Bill Clinton and President O, mortal enemies, now together??), I think the weirdest of all is the idea that cutting the payroll tax imperils Social Security.
I saved the best for last too:
Labels: building the perfect beast
Kindred, you ignorant slut. Of course, I mean that in a loving way, because Mr. Winecoff has given me a chance to explain an objection that many people may have had.
Dani Rodrik nails the issues and the answer:
So, I came up with a joke to try to illustrate the problem with the "cut taxes, raise deficit" view of policy.
Labels: deficits are future taxes
I recently posted (and firmly believe) that, without any spending cuts, the proposed set of "tax cuts" are not real, but rather just represent a temporal re-arrangement of when I will be paying taxes.
Two articles... Op-ed about "end the DAFT!" in the south Florida Sun-Sentinel today.
This whole democracy thing is over-rated.
Great amateur video of KPC fave Jen Lekman singing about stalking Kirsten Dunst in his hometown of Gothenburg.
Perhaps not soon to be heard on your local radio station.
Labels: free market videos
In this case, the article itself (in WaPo) plays it straight. In fact, this is great, fair journalism.
Nick "The Jacket" Gillespie and KPC friend Veronique de Rugy have a plan to balance the budget. It does not involve tax increases, but it does involve spending cuts. Here it is...
So President O and the Congressional Republicans have displayed their latest arrangement of the deck chairs on the USS Titanic.
The Grand Game, Xmas plant edition.
Labels: the culture that is Japan
Our policy is daft. DAFT! Because *D*eficits *A*re *F*uture "T*axes. The DAFT Republicans want to borrow money to pay for tax cuts. And the DAFT Democrats want to borrow money to pay for unemployment benefit extension. It's DAFT! Deficits Are Future Taxes!
Labels: deficits are future taxes
Anon is angry. (Nod to Alex, who KNOWS from Angry)
Over at MR, Tyler asks if we should value economists who are like Ronald Coase or those who are more like Nolan Ryan. (I am not making this up!). This is an instant classic Tyler post containing the sentence "Nobody calls him (Greg Oden) the Ronald Coase of rebounding."
I'm not sure what to make of this post from Bruce Bartlett, called "Why fixing the budget is hopeless"
One of the only changes I've made to Mrs. Angus in our 16 years together was to institute a "no bangs" policy for her.
In today's NY Times, Christy Romer solves our economic problems:
According to the LMM, this is actually a documentary.
Dean Baker gets a lot of stuff right early, but then heads off the rails again Ozzie-style:
One of my alltime favorite bands is Camper Van Beethoven. Turns out their front-man, David Lowery also has a head for business, as he was involved in the founding of Groupon which just sold itself to Google.
Danny G is taking this whole LeBron breakup thing pretty hard:
So, MSU played well, if getting CHILIPUNK'D by a freshman counts as playing well. Here is photographic evidence that the boys in green from My Safety University were actually there, in Cameron, doing whatever it is that they do.
A holiday postcard from the Bishop. That's out the window of his office. His office at the B-school. The view outside that office is better. The INSIDE that office is better, too.
Labels: epistemic closure is everywhere
What, me worry?
People, Robert Reich slipped up this week and put in writing what a lot of progressives really think about our current fiscal situation:
I have been working on the stupidity of urban transit systems, and their occasional successes, for some time.
You have likely seen this.
Here's a cheery note to start your morning: Economists are doomed!
My boy Tom Schaller finally says something smart in his Balt Sun column. I guess if you write THAT much, at some point you find wisdom.
don't you eat that yellow...ice??
This is so great. China is trying to censor Wikileaks!
1. Mary Anastasia O'crazy is starting to make sense to me.
The debate (and by debate I mean scream-fest) on social security has largely been between people who want to cut benefits and people who want to raise tax rates or do away with the cap on how much income is subject to the tax, with each side disparaging the other.
A mini-Grand Game entry. I like the "Boone's Farm" angle, but there are others. (Nod to Anonyman)
In grad school, we played football, under the name "Trout's Raiders," named after the famous Wash U micro theorist, J. Trout Rader, III. (Yes, there three J. Trout Raders, the sins of the grandfather being visited on a little boy)
On October 8, I wrote this. Bailed out completely. DJIA was at 11006.
Labels: financial puzzles
Beauty Queens and Battling Knights: Risk Taking and Attractiveness in Chess
Tactile communication, cooperation, and performance: An ethological study of the NBA
Mrs. A and I are on Staten Island visiting my aunt for Thanksgiving. She, for some reason, has taken exception to my choice of headwear, saying it makes me "look like a cuckoo-bird".
Brad Delong says this: