Mark Thoma: Economist’s View: “Reading the Bump in Inventories”: David Altig says he isn’t too worried about inventory accumulation in the fourth quarter of last year translating into slower growth in the first part of this year…. For me the big uncertainties right now are the pace of the recovery (will it remain plodding and [...]
Continue reading...12 February 2012 12:19 am PST
There is one paragraph in James Fallows’s “Obama, Explained” that I find very odd–not so much for what it says as for the fact that it is not followed by what seems to me the obvious next passage. What Fallows writes: Rahm Emanuel told me that within a month of Obama’s election, but still another [...]
Continue reading...12 February 2012 12:19 am PST
It’s not clear to me why they do this: 656 strikes me as a sample size too small by a factor of 3 if you want your cross-tabs to be reliable. But they do it: Santorum surges into the lead – Public Policy Polling: Riding a wave of momentum from his trio of victories on [...]
Continue reading...12 February 2012 12:19 am PST
Ta-Nehisi Coates Obama and Purple America: If there’s one thing I’m disappointed in it’s that [Obama] really did think that by shrinking the stimulus, by proclaiming faith in Chuck Grassley, by proclaiming faith in John Boehner, he would actually get somewhere. And in that sense I could come in for the most common rebuttal of [...]
Continue reading...12 February 2012 12:19 am PST
The “Channel Dash” — History.com This Day in History — 2/11/1942: [T]he German battleships Gneisenau and Scharnhorst, as well as the heavy cruiser Prinz Eugen, escape from the French port of Brest and make a mad dash up the English Channel to safety in German waters…. All three [had been] subject to periodic bombing raids–and [...]
Continue reading...12 February 2012 12:19 am PST
“Every dollar raised by taxing harmful activities is one dollar less that we must raise by taxing useful ones.” –Robert H. Frank, The Darwin Economy: Liberty, Competition, and the Common Good
Continue reading...12 February 2012 12:19 am PST
The decision by both China and Russia to veto the UN Security Council Resolution on Syria last week, supporting the Arab League plan for a swift transition of power and elections, has served noticed on the West by both countries that further interventions in the region will be opposed. Russia’s UN ambassador Vitaly Churkin said, [...]
Continue reading...12 February 2012 12:19 am PST
Dodgy sound quality, but so good it doesn’t matter:
Continue reading...12 February 2012 12:19 am PST
This Sept. 2010 photo posted recently on the Titiusville, Fla.- based arms manufacturer Knight’s Armament’s Internet blog, shows members of Charlie Company, 1st Reconnaissance Battalion, Camp Pendleton, CA in Sangin, Helmand province, Afghanistan. The Marine Corps confirmed Thursday Feb 8 2012 that one of its scout sniper teams in Afghanistan posed for a photograph in [...]
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12 February 2012 12:20 am PST
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