Crossposted from The Stars Hollow Gazette

I often quote Herr Dockor Professor when I agree with him because he’s got a Nobel Prize and I…

Well, I have many accomplishments I’m quite proud of but a Nobel Prize in Economics is not among them.

Recently he’s published two summaries of his pieces on macroeconomics that I’d like to draw to your attention before they scroll away and get hard to find-

Macro Readings, Self-Referential Edition, June 10, 2011

• The humbling of the Fed (wonkish), September 22, 2008
• Macro policy in a liquidity trap (wonkish), November 15, 2008
• Optimal fiscal policy in a liquidity trap (ultra-wonkish), December 29, 2008
• A Dark Age of macroeconomics (wonkish), January 27, 2009
• Liquidity preference, loanable funds, and Niall Ferguson (wonkish), May 2, 2009
• China’s Water Pistol, March 15, 2010
• Myths of Austerity, July 1, 2010
• Self-defeating Austerity, July 7, 2010
• More On Friedman/Japan, October 29, 2010
• The Instability of Moderation, November 26, 2010
• Reposted: Sam, Janet, and Debt, June 8, 2011

Macro Readings Update, June 13, 2011

(note: He includes some duplicates I have omitted.  Also I have arranged them chronologically.)

• A history lesson for Alan Meltzer, May 4, 2009
• America’s Chinese disease (not quite what you think), October 19, 2009
• Core Logic, February 26, 2010
• Japan 1998, August 31, 2010
• The Doctrine of Immaculate Transfer, January 12, 2011
• "Currency Wars" and the Impossible Trinity (Wonkish), May 9, 2011

Now just because I’m drawing them to your attention does not constitute endorsement.  I think Krugman’s criticisms of Modern Monetary Theory miss the mark almost entirely and he makes frequent category errors, too charitably ascribing to ignorance positions that are mercenary at best and motivated by pure evil in other cases.

Still, it’s not every Nobel Prize winning professor who gives away his lectures for free.

Crossposted from The Stars Hollow Gazette

Well, actually his campaign staff, but if this guy is any indication they are the most arrogant, ignorant, self serving, narcissistic group of Beltway suck up asskissing Versailles Villagers to expose themselves like the raincoat wearing perverts they are in a while.

On TV yesterday and last night I guessed that while Newt and his wife were in Greece, the staff was fuming over their refusal to allow the people who do campaigns for a living help get this campaign on the right path.

…

To raise money from large donors requires start-up money: Halls have to be rented, stages have to be built, food has to be ordered, invitations have to be printed, addressed and mailed.

…

Information from the former staffers started coming out by early evening. No surprises. The staff was made up of campaign professionals who wanted to run a professional campaign.

May I just say for the vast majority that actually have to work for a living instead of “doing things like talking into a TV camera (or writing Internet-based columns)” that you, Rich Galen, have no talent or skill except for self gratification.

Journalism is not a profession or a trade. It is a cheap catch-all for fuckoffs and misfits — a false doorway to the backside of life, a filthy piss-ridden little hole nailed off by the building inspector, but just deep enough for a wino to curl up from the sidewalk and masturbate like a chimp in a zoo-cage. Stockton

I’d call you my wanker of the day but you have some stiff competition-

Follow my lead or Labour is finished, Blair tells Miliband

Labour will not win elections, Mr Blair says, by going back to the political equivalent of ‘warm beer and old maids bicycling’

By Andrew Grice, Political Editor, The Independent

Friday, 10 June 2011

In his book, Mr Blair argues that traditional left-right boundaries are breaking down and that to be successful, today’s politicians need to “rise above partisan politics”. This reflects fears among Blairites that David Cameron, an admirer of Mr Blair’s strategy, is more likely to appear above the traditional left-right fray than Ed Miliband, who is seen by voters as to the left of his party.

Mr Blair argues that New Labour, Bill Clinton’s “new Democrats” and Barack Obama all reached out beyond their traditional support base and suggests the Coalition Government is trying to do the same. “Where political leaders deliberately go outside their own political base, they almost always win public approval,” he says. “Face people with a choice between traditional left and traditional right and there is a traditional outcome: the left loses.”

You know Tony, you’re not just a war criminal, you’re also a loser.  History shows again and again how nature points out the folly of man, likewise that given a choice between Republicans and Republicans Lite, Republicans win every time.

Denying that he had become a “pariah” in his home country, Mr Blair said: “I think it’s a little harsh to say that. One of the things you learn in politics is the fact that you get a hundred people or a thousand people, or even 10,000 people out on the street doesn’t mean to say the whole of the population thinks that way. You know, I did win three elections in Britain.”

Pobrecito.  Que lastima.

Crossposted from  The Stars Hollow Gazette

Between the Belmont, Le Mans, and Circuit Gilles Villeneuve it’s shaping up a busy weekend.  You may well ask, “ek, why do you talk about sports so much?”

It’s a metaphor.

Consider today’s offering from The Gulf Daily News–

OVERTAKEN BY LIES..?

By ANWAR ABDULRAHMAN, The Gulf Daily News

Posted on Friday, June 10, 2011

Bahrain always assumed that the Western world was too wise and mature to mix politics with sport. But the way it is behaving towards our Grand Prix fixture begs many questions now about its judgement.

…

No country in the world can guarantee itself totally free of some form of domestic disturbances – and we fully understand that when lives and security are endangered, such events can be postponed, as happened here.

But to now use human rights allegations as an excuse to deprive Bahrain of such an important sporting occasion, contradicts every ethic and value, as well as the spirit of global competition in its broadest sense.

Because you know, after all, Jesse Owens humbled Hitler in Berlin (not actually the story you think it is, the real one is Marty Glickman).

But our hole is not yet to China, let’s dig a little deeper.

Unfortunately, hidden hands are at work to discredit Bahrain government’s positive measures which have restored law and order to the country. It seems as if there is a willingness for members of this sporting body to be swayed by opposition claims of ongoing and brutal repression.

…

The facts of the matter are simple. The government of Bahrain has advised that the country is a safe and secure destination to host the Bahrain Grand Prix in October this year. The FIA, F1 management and the teams should not allow political machinations of a disaffected and small opposition group to affect the decisions taken by the FIA which quite rightly are based entirely on logistics and security considerations.

For members of the F1 fraternity to single out Bahrain over questions of human rights issues is unacceptable victimisation. A number of other countries which host F1 are considered to be far more repressive. The same stance should apply to Bahrain as to these other nations.

Certainly Bahrain should share part of the blame for innocently allowing both international media and human rights organisations to twist the truth. For years they have been fed a dubious diet of information. However, we have relied on individuals like Lord Gilford and public relations organisations such as Bell-Pottinger (whose staff deserted the kingdom en masse as soon as trouble started). They have milked the country’s financial resources for a long time, yet failed to deliver any positive result.

From now on we hope such tasks will be undertaken by organisations with true local links, knowledge and understanding, as well as a genuine love for Bahrain.

The defamation of Bahrain was started by so-called native opposition elements, therefore only local, loyal media and public relations companies with a vested interest in the future of this country can be relied upon.

There are many highly capable, mature, experienced Bahrainis and expatriates who have been in this field all of their professional working lives.

They are the ones fully aware of internal politics, and only experts of such calibre can explain and influence Western thought and decision-making.

In fairness and to his credit Mr. Abdulrahman calls out Max Mosley as the fascist he is but to decry as he does “mixing sport with politics”…

My father is no different than any powerful man, any man with power, like a president or senator.

Do you know how naive you sound, Michael? Presidents and senators don’t have men killed.

Oh. Who’s being naive, Kay?

This could never happen here.  We’re “exceptional”.