Tag Archives: Economic Theory

On Dealing with Inanity

Everyone should spend a year or two teaching high school English – or so it seemed to Tony Danza recently. But it’s not like Robin Williams’ sappy movie or that classic about that Chips fellow – you won’t be the … Continue reading

Posted in Bipartisanship, Economic Theory, Party of No, Teaching | Tagged , , , , , , , , , , , , , , , , , | 1 Comment

Tapped Out

The term Nest Egg is funny – originally that was a natural or artificial egg placed in a bird’s nest to encourage the bird to lay its own eggs there, and now, idiomatically, a nest egg is your savings, or … Continue reading

Posted in America's Disappearing Middle Class, Class Warfare, Economic Confidence, Economic Theory, Tax Policy | Tagged , , , , , , , , , , , , , , , , , , , | Leave a comment

Our Nation of Imaginary Cause and Effect

There’s a progression to things. You start out trying to figure out what works – infants learn pretty quickly that crying gets you what you need. Having not yet developed any language skills it’s all hit-and-miss for an infant – … Continue reading

Posted in Economic Theory, Laffer Curve, Supply-Side Economics Discredited, Tax Policy | Tagged , , , , , , , , , , , , , | Leave a comment

Driven to Distraction

Ah, driving down Sunset Boulevard on a hazy Friday July afternoon, running errands, checking out the usual visual oddities – this is LA, after all – and listening to the serious end-of-the week talk shows on the radio – you … Continue reading

Posted in Austerity Economics, Political Discourse, Populist Outrage, Public Opinion | Tagged , , , , , , , , , , , , , , , , , | Leave a comment

When Less Is Less

Much of Manhattan looks the way it looks today because of one man – Ludwig Mies van der Rohe. He was the architect who gave us the looming minimalist buildings clad in seamless glass window-walls, usually black. It seemed to … Continue reading

Posted in Austerity Economics, David Brooks, Economic Theory | Tagged , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

The Confidence Game

You have to have the right attitude – that’s the only thing that matters. At least that’s what the conservative friend said a few years ago, as we were working on that third bottle of Tuscan red. Or maybe he … Continue reading

Posted in Austerity Economics, Economic Theory, Market Confidence | Tagged , , , , , , , , , , , , , , , , , , , , , | 2 Comments

Fireworks at the Far End of America

This Fourth of July evening was pretty cool in Hollywood. From way up here at the foot of the Hollywood Hills you can look out the window and see the fireworks displays in the distance, down in the flats. And … Continue reading

Posted in Austerity Economics, Economic Confidence, Economic Meltdown, Economic Theory | Tagged , , , , , , , , , , , , , , , , , , , | Leave a comment