J. Bradford DeLong's Blog, page 2229

links for 2010-08-15

Radley Balko: The GOP Crackup







Carl Hulse: No Reveling for Democrats, Despite Achievements







Gurkaynak and Wright: Macroeconomics and the Term Structure: http://www.econ.jhu.edu/People/Wright/mats.pdf #worthreading

Gurkaynak and Wright: Macroeconomics and the Term Structure: http://www.econ.jhu.edu/People/Wright... #worthreading





Return of...

Herman Goering Liveblogs World War II: Aug 15, 1940

Eagle Day:

Directive by Herman Goering Aug 15th 1940:

The fighter escort defences of our Stuka formations must be readjusted, as the enemy is concentrating his fighters against our Stuka operations. It appears necessary to allocate three fighter Gruppen to each Stuka Gruppe: one of these fighter Gruppen remains with the Stukas and dives with them to the attack; the second flies ahead over the target at medium altitude and engages the fighter defences; the third protects...

links for 2010-08-14

Hello Fat Tweeter!

Dave Winer: Hello Fat Tweeter! http://io.scripting.com/fattweet/ #worthreading





What Happened to Yahoo

Paul Graham: What Happened to Yahoo http://tinyurl.com/3yms8sw #worthreading





Underbelly: The Worst?

Buce: The 20 Worst Americans Ever: http://tinyurl.com/23wgbm4 #worthreading





If Obama Opposes...

Dave Winer Hacks Twitter's New URL Shortener

Dave Winer:

Scripting News: Ain't "fat" tweets sweet? (they were): 1. Twitter has a new url-shortener, called t.co.  2. When it displays a tweet with a url that was shortened by t.co, it expands the url, so you get to see the url it is pointing to. That way you know in advance where you're going. This is a good thing, it's one of the nice things about the web that url-shortening screws with. 3. But t.co doesn't check to see that the thing you're shortening is actually a url. You can...

H.R. 7260, 1935

In Case You Forgot What August 14, 1935 Was All About...

75 years of the Social Security system.

What Is the Federal Reserve Doing?

From Chris Hayes:

Twitter / Christopher Hayes: @justicegorilla the econom ...: @justicegorilla the economy is like a burning house. The Fed is the fireman. They're watching the house burn so they can conserve water.

We are going to have to have a talk soon: is the economy experiencing a flood and is the Fed acting like a fire department? Or is the economy on fire and the Fed refusing to turn on the hoses?

Times Change

Marcy Wheeler:

Twitter / emptywheel: Used to be, POTUS would pr ...: Used to be, POTUS would pretend to work--clearing brush--while on long vacations. Today, POTUS pretending to vacation @ Gulf, while working.

Uwe Reinhardt on Kenneth Arrow on Health Care

Uwe Reinhardt:

Health Care, Uncertainty and Morality: In last week’s post I discussed Kenneth Arrow’s exploration of whether special characteristics set health care apart from other commodities — whether it had a “moral dimension.”... Professor Arrow... concluded that virtually all the special features of the medical care industry — the role of nonprofit institutions; the expectation that physicians, although vendors of medical services, would always put the interests of their patients...

Fiscal Policy: Felix Salmon Asks a Question

How Obama wants to cut taxes on million-dollar incomes: What happens to people on seven-figure incomes when they pay lower taxes on their first $250,000 income, but higher taxes on the rest, as the Obama administration is proposing? It turns out that they end up paying fewer taxes altogether: $6,349 less per year, on average.... This is definitely not what I would have expected. For households in the $200k to $500k range I can see that the benefits from the lower-income tax cuts might...

If You Did Not Think UCLA Law Professor Steve Bainbridge Had Lost His Mind--or Perhaps Had No Mind to Lose--You Do Now...

Wow! Just wow!

UCLA law professor Steve Bainbridge:

20 Worst Americans - ProfessorBainbridge.com: John Hawkins asked a bunch of right of center bloggers to list the "20 Worst Americans of all time."... I was one of the bloggers Hawkins polled, but as you'll see my list differs in a number of respects from the norm....

Aldrich Ames--traitor. Benedict Arnold--traitor. John Wilkes Booth--killed our greatest President, contender for #1 on my list if rank ordered. James...