Tag Archives: Paul Krugman

Obama’s Successful Failed Presidency

Pay for Performance is a wonderful thing – those who are good at their jobs get big raises, year after year, and stick around and do even better work, because they know something will come of it. At least that’s … Continue reading

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The Consequences of Work

Donald Trump seems to be perpetually surprised, and a bit angry, that every man, every real man, doesn’t want to be just like him. He is, after all, the most respected and admired man in America. Don’t tell him otherwise. … Continue reading

Posted in Jobs Crisis, Structural Changes to the Economy | Tagged , , , , , , , , , , , , , , , , , , | 2 Comments

The Kind of Country We Want

Rude awakenings are useful. That is how we really learn. Nothing is what your thought it would be. Life slaps you in the face. What were you thinking? Snap out of it! You’re not going to be a famous jazz … Continue reading

Posted in America Need an Aristocracy, Income Inequality, Questioning Authority | Tagged , , , , , , , , , , , , , , | 1 Comment

Structurally Induced Pessimism

No one ends up where they expected. All the graduate fellowships meant a career as a scholar, or at least a tenure-track position teaching English at some small liberal arts college in the middle of nowhere – but that wasn’t … Continue reading

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Making Do When Things Are Worse Than Ever

Yes, a Masters from Duke University in Eighteenth Century British Literature, and the PhD work, are pretty useless – at least they were in the mid-seventies. That led to a Dead Poet’s Society gig at a northeastern prep school, but … Continue reading

Posted in End of the American Dream, Income Inequality | Tagged , , , , , , , , , , , , , , , | 1 Comment

Product Differentiation

Ah, to be a ten-year-old boy in the late fifties, when each September the folks in Detroit revealed, each on one special night on national television, the new models. Planned obsolescence was not only a brilliant business model – only … Continue reading

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Structural Impediments

Live and learn. Teaching was fine, but the pay was awful and teaching wasn’t the half of it. There was careful preparation and planning, which for English teachers involves far more than daily lesson plans. Novels and poems and plays … Continue reading

Posted in Economic Theory, Income Inequality | Tagged , , , , , , , , , , , , , , , , , | 1 Comment