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Browsing Category
Political Economy
The disintegration of legitimacy in western democracies
Today's daily post is going to be more of a theme post, largely because the news flow warrants it. I have at least three articles in mind, which were published over the last 24 hours that touch on the theme of a building illegitimacy in…
The post-Kavanaugh midterm narrative is wrong
The narrative that emerged after the nomination battle over Brett Kavanaugh was dominated by claims that the Republican base had been energized by disgust at the so-called liberal mob that protested Kavanaugh's nomination. But I believe…
Key takeaways from yesterday’s election in Bavaria
The end result of yesterday's election in Bavaria is German chancellor Angela Merkel's sister party, the CSU, losing its absolute majority and being forced to govern in a coalition government after the party's worst showing since 1950.…
More on Trump’s accomplishments and the gender divide in voting for him
Donald Trump may not always say things the way most presidents before him said them. But what does it matter? Here's my answer.
$200 oil as a black swan
$200 oil was not on any list of probable outcomes I've seen or considered recently. I think it's fair to say that $200 oil - if it were to happen - would be a black swan event. And it would usher in a massive global economic contraction…
On the Kavanaugh nomination battle and partisanship
The last post I wrote was from a Republican partisan perspective. And it told a story about Trump remaking the party in his image. I will have more to say about that later from a non-partisan view. But, right now, I want to focus on…
How Trump remade the Republican Party in his image
This is going to be a post framed from a partisan Republican perspective. The nomination fight over Supreme Court Associate Justice made the Republican Party close ranks to rally around their embattled nominee. In the end, Donald Trump came…
US situation: Conflict with China and Russia plus turmoil domestically
Conflict is the watchword for what I'm seeing in the US now. Though the US is settling trade disputes with allies, the tension internally and with geopolitical rivals Russia and China has increased.
In the case of China, I would look at…
More on the post-crisis political economy
So, I am chunking these posts now. I don't think it makes a lot of sense to write everything at once, trying to be as comprehensive as possible by fitting a ridiculous amount of text into one post. So I tend to write in chunks. This is a…
My thoughts on the global economy after a week away
I'm back!
Last week, I was on a hiking trip out in Arizona to Havasu Falls in one of the Canyons abutting the Grand Canyon National Park. It was an amazing experience that I would recommend to anyone. And it will probably rank as one of my…