Tag: China
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The U.S. Debt Bubble Will Make Sub-Prime Mortgages Look Like a Picnic
Just how bad is the U.S. debt problem? Jim Manzi spells it out at The Corner: … we are sitting on the mother of all bubbles. Many, probably most, Americans anticipate a stream of consumption that will be provided for them into old age by the government (i.e., other taxpayers). Unfortunately, most American taxpayers do […]
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In Search of A Thoughtful Liberal Economist
A Facebook friend said Dean Baker is "a fine, clear-thinking economist, [and] he’s also an uncannily good press critic." Sounds great — I’ve been looking for a source for regular commentary from a left-leaning economist, to balance out the right-leaning observations of my classmate Greg Mankiw. But I’m afraid I’m still looking.