Operative B doesn’t have too many bad ideas, but this is a doozy. Don’t get Ghettoputer started on freedom of speech, and don’t get GorT going on the technical aspects of this. Actually, that’s probably why B wrote to the … Continue reading →
Non-Chicago readers—which is most of you—will recall that a long-time Chicago icon is now gone. Dominick’s grocery stores, which had one or two stores in every neighborhood and suburb, closed its doors for good last week. The problem, very simply, … Continue reading →
If you have spent any time in Chicago in the last 100 years, the name Dominick’s is synonymous to you with grocery shopping. Dominick DiMatteo started the chain in 1918, which eventually expanded into a 130 store empire all over … Continue reading →
Maybe if Detroit made cars as awesomeas ‘Puter’s 1972 Dodge Dart Swingeragain, they’d have remained solvent. ‘Puter just got around to reading the New York Times Sunday edition, including Nobel laureate Joseph E. Stiglitz’ piece on Detroit’s bankruptcy. Mr. Stiglitz … Continue reading →
Mr. West is Obama’s secretmortgage reform brain trust, originator of such great ideasas “Imma let you finish, butwhere’s my Hennessey at?” ‘Puter happened to be wandering aimlessly around the New York Times website when this article on President Obama’s forthcoming … Continue reading →
Dr. J.’d rather see Obamacare upside-down than the economy upside-down… Gentle Readers, If you needed more proof that Obamacare is the Albatross™ brand millstone around the neck of the US economy, one needs only look to the most recent jobs … Continue reading →
In Sunday’s New York Times op-ed section, Steven Greenhouse shared an article on low wages paid to entry level and low skill employees. ‘Puter chose the term “article” rather than “opinion” in the preceding sentence because ‘Puter could not tell … Continue reading →
Part of the game’s weird charm are the clunky-looking graphics. But the game isn’t intended to dazzle you, but to provide a powerful learning environment. Царевич has developed a crazy affinity for the game Minecraft. If you don’t know what … Continue reading →
Somewhere in one of the dusty conference rooms at Castle Gormogon, the Mandarin and the Czar met to discuss higher education. Of the great many things discussed, we concluded that higher education as we know it could be on considerably … Continue reading →
Are you spending my future away, Master Progressive? Gentle Readers, Please pass this on to your undecided compatriots. About 15% of the electorate is still malleable. Despite a belief to the contrary, the middle-class and lower-upper class aren’t just about … Continue reading →
Mitt Romney, under fire to be a little more specific about his vision for America’s future, delivered a speech in Irwin, Pennsylvania, today in which he spelled out five specific things he will do to turn the country around as … Continue reading →
Dr. J. wrote a while back on the cost of living going up, largely tied to gas prices. Today, Bloomberg.com writes: The consumer-price index climbed 0.4 percent, matching the median forecast of economists surveyed by Bloomberg News, after increasing 0.2 … Continue reading →
Remember 1000 years ago when the Czar took on the task of reading the entire draft ObamaCare bill? He didn’t receive nearly as much email on that as he is on this subject of film tax subsidies. Amazed and MC … Continue reading →
h/t DrudgeCNN Money writes today that doctors are going broke. Dr. J. will break it down for you really quick. About half of all doctors are in private practice. Private practice is a small business. It is a weird business … Continue reading →
Surely you’ve heard the latest ridiculous commentary on the free market system from President Obama in which he aligns himself with the slackers and ne’er do wells in the Occupy Whatever movement. He claims he believes in the free market … Continue reading →
If the Occupy crowd and the Demo-Libs who deny the disaster of their government model have taught us anything, it’s that schools need to start returning back to teaching economics. If they ever did—home economics always seemed more about cooking … Continue reading →
It has been estimated that yesterday, the human population on Earth (we have a standing army of two million myrmidonstraining on the ice plains of Ganymede in preparation for Operation Globalwarmingzombiepocalypse, but never mind that) hit the seven billion mark. … Continue reading →
Drs. Thomas Sargent and Christopher Sims were awarded the Nobel Prize in Economics last week for their work in macroeconomics. In summary, they won the award for saying that John Maynard Keynes, and Nobel Prize winners Paul Krugman and Barack … Continue reading →
Recently there has been a lot of hay made about Obama’s stimulus, Keynesian economics, space aliens, etc. but there is an underlying problem that needs addressing. This problem is the misconceptions between income, as a benefit of employment, and wealth. … Continue reading →
Un film de Econ Stories. Someone needs to tell my boy Fred to keep his finger off the trigger. Confucius, Œc. Vol.Don’t ask impertinent questions like that jackass Adept Lu. 3.14.242.153
Continue reading →In Dr. J’s previous rant, he waxed poetically with regard to President Reagan’s foreign policy, probably because as a youth Dr. J was more concerned about living under the Red Flag than the havoc wreaked on our economy President Carter … Continue reading →
GorTechie has a stunningly well-argued thought piece on globalization of the economy. The Czar chooses not to argue any of it—GorT is, of course, freaking right. Indeed, the Czar was so reluctant to appear contentious that he decided against naming … Continue reading →
In Dr. J’s excellent letter, I saw the following fragment, “The creeping doom began with wage controls during WWII…” and it got me thinking with regards to ongoing debates about immigration, unions and the global economy. First, let’s dispell any … Continue reading →
Dr. J provides a long opinion on healthcare that’s well worth your time. Hence, we’re declassifying it: Your Notoriousness, I have read Dr. Scherz’s editorial in the Wall Street Journal and the patient letter on his PAC website Docs4patientcare.org. I … Continue reading →
Herewith the latest dispatch from Dr. J. from the depths of New Atlantis, also bringing some love for Art Laffer. After the standard groveling, trembling prolegomena, which we omit as all of you should have the standard Gormogons stylebook at … Continue reading →
Or several thousand laws. At least that’s what the New York Times seems to think. The New York Times editorial writers’ Sign of the Apocalypse of the Day is foreclosures, and the inability of current government programs to effectively combat … Continue reading →
Credit the Obama Administration with consistency if nothing else. When there is a choice between government control and the free market, the Obama Administration will pick government control every time. We’ve seen it in Government Motors, The Amazing Technicolor Stimulus … Continue reading →
Maybe invest with these guys (article via FotG, Dancin’ David Frum), who claim that in the 11,000 or so trading days since 1965, the market has risen fifty times higher on days when Congress is not in session. While that’s … Continue reading →
So with all this outrage over the AIG bonuses the government is here to save the day. Now, led by Rep. Barney Frank, Congress is looking to pass a bill that would allow the Treasury Department to exercise control over … Continue reading →
Ok, with that weak reference to Luke Perry’s fine acting skills in The Fifth Element, I wanted to rant about CFLs. That is Compact Fluorescent Lightbulbs. Did you know that 400 senators and representatives voted last December to ban incandescent … Continue reading →
