-
Editorials
The Hidden Utility of Ron Paul’s Balanced-Budget Plan: View
American voters are adept at sending mixed messages to elected officials. None are as confusing as the signals from the heartland over how to fix the federal budget.
Read More
American voters are adept at sending mixed messages to elected officials. None are as confusing as the signals from the heartland over how to fix the federal budget.
Read MoreIn Economics 101, students learn that the share of national income received by labor stays roughly constant with the share received by capital. This is the first of “Kaldor’s stylized facts,” articulated half a century ago by the Cambridge economist Nicholas Kaldor.
Read MoreSimon Wolfson, chief executive of British retailer Next Plc., has decided to play his part in deciding the fate of the European experiment. With much fanfare, he has offered a prize of 250,000 pounds to the economist who can find an orderly way for a country (read Greece) to exit the euro area.
Read MoreBrazilian unions conducted two strikes that ended in October, with very different results. Bank workers came out smiling with a generous deal. Postal workers lost a court decision, humiliatingly, in what commentators called their union's worst result in 15 years. The different outcomes said a lot about modern Brazil.
Read MoreWhat a jolt. The city council of Harrisburg, Pennsylvania, my hometown, voted last week to file for bankruptcy. The state may prohibit the move, opting to force the city into receivership instead. Either way, it’s quite a comedown; Harrisburg has joined the list of casualties of fiscal crisis and economic transformation.
Read MoreMargaret Carlson
Peter R Orszag
William Pesek
Albert R Hunt
William D Cohan
Jeffrey Goldberg
Ramesh Ponnuru
Ron Klain
Noah Feldman
Jonathan Alter
Michael Kinsley
Caroline Baum
Latest Posts
No one would expect Lloyd Blankfein, the chairman and chief executive officer of Goldman Sachs Group. Inc., to start making wholesale strategic changes to his firm based on his lousy third-quarter results.
One of the best bargains in the U.S. is Medicare, the government-funded health insurance program for the elderly. During a visit yesterday with Bloomberg View, U.S. Representative Jim Cooper argued that citizens would be shocked if they knew how far their Medicare tax dollars go.
Comment of the Moment
“We pay into Social Security and it makes me mad when it is called an entitlement. We put the money in trust. It's not our fault that the government can't manage it.”