Category: Uncategorized

Comparing incomes across countries poses certain difficulties: incomes are paid in different currencies, products have different prices, tax levels are different, and benefit levels are different. Many years ago, economists came up with a decent-enough way to cut through most of these problems: figure out the prices in local currency amounts for a given consumption… Continue reading How To Compare Incomes Across Countries

Someone sent me this piece today from Charlotte Bancroft at The Bellows. The piece is titled “The Consumerist Mediocrities of Millennial Socialism” and then subtitled “Karl Marx opposed the wonkish, empirical nature of bourgeois socialism. So why do so many Millennial socialists celebrate it?” The title is whatever. The subtitle is utterly baffling. Karl Marx… Continue reading Marx Was an Obsessive Wonk

I am not terribly interested in the question of why Terry McAuliffe lost the gubernatorial election in Virginia. As is typical with these things, post-election analyses tend to revolve around the hobbyhorses of the analyzers more than anything else, making the whole thing not terribly enlightening for people who are trying to get some kind… Continue reading Racial Politics in Schools

Richard Wolff tweeted this out a couple of days ago: When I saw it, I asked on Twitter whether this was a thing a lot of people were saying, and apparently it is a meme traveling through conservative media and other parts of the discourse that I don’t spend a lot of time reading. Although… Continue reading Is the Strike and Quit Wave Due to Vaccine Mandates?

Ezra Klein did a piece last week about David Shor and so-called “popularism,” which was ultimately defined this way: Democrats should do a lot of polling to figure out which of their views are popular and which are not popular, and then they should talk about the popular stuff and shut up about the unpopular… Continue reading Popularism and the Child Tax Credit