Political Economy

I have been studying up on what epidemiologists are saying about the coronavirus. And, right now, there seem to be two divergent outcomes for how the Covid-19 outbreak develops. And there also seem to be two potential approaches to dealing…

This post is going to be about the tightening of financial conditions as evidenced by a rush to safe haven assets and bond market spread-widening. But I want to start with how I am thinking about the economic impact of the Covid-19 virus…

Markets are diving across the globe today, with fears of the negative impact of the coronavirus making most headlines. I made my view on this clear on Friday. The coronavirus is a potent threat to the global economy, and could even force…

Whenever I give the 'all-clear’ to the US economy - even on a near-term basis, I am always a little uneasy given how little we know about the lasting impact the coronavirus will have. And sure enough, after yesterday’s post on the…

I watched the Democratic Debate in Las Vegas last night. And after looking at some analysis of the economy and the debate this morning, I came to the conclusion that we are seeing a worst case scenario for the Democrats' hopes to defeat…

I just saw a tweet by Vox journalist Aaron Rupar discussing the controversy surrounding the release of Bernie Sanders' health records. And it led me to a series of conclusions and thoughts I wanted to run by you.

I am going to write mostly about the economic impact of the Covid-19 coronavirus outbreak today. But I have one or two other pieces to add here as well.

It was almost exactly nine years ago that I wrote called “Corporatism masquerading as liberty” at Credit Writedowns. The gist was that, as I put it then the “‘Corporatist’ is a kleptocrat masquerading as a believer in liberty. He uses…

Happy Valentine's Day! Let me make this a quick post, spurred on by three things - one thing I heard in conversation I had, one thing I heard on the radio, and one thing I read on Twitter. Defining socialism When I write ‘socialism’, really…

Today is a bit of a potpourri because I have three different unrelated topics to discuss and one review item. But I'll make it (relatively) short. I have the most to say about Germany.