The Slack Wire

I don't have much to add to Mike Konczal's respectful but thorough rebuttal of the idea that the passage of health care reform mark...

One of the weirdly under-discussed features of the current macroeconomic situation is the huge role of inventories in the recovery. I read a...

A typically thoughtful piece by Cosma Shalizi , says Arjun. And it is thoughtful, for sure, and smart, and interesting. But I think it conce...

As alert readers will notice, the post below isn't by me, but by my very smart friend Suresh, who's well-known to many readers of th...

There are murmurs on the intertubes about redistributive justice and related murmurs about the lack of seriously left-wing blogs relative ...

In today's issue of the Financial Times , there's a remarkably blunt warning that "Rising wages will burst China's bubble....

Keith Richards wrote a book . A month ago, at least, you could find it on the front shelf of the Barnes & Noble, next to the Glenn Beck....

Michal Kalecki, Theory of Economic Dynamics . Kalecki is important (the hostility classical Marxists in the Shaikh/Dumenil-Levy vein feel t...

Some books I've read in the past year: Perry Anderson, The New Old World . The guy must be 90 years old, and he is still turning out th...

So I've thought for a while. I even wrote a post with this title a couple months ago, which I couldn't quite get to congeal. But Cos...