If a bomb doesn’t go off, is it still a bomb?

by liberal japonicus It would be hard to overestimate my lack of understanding of economics. So when I read an article like this, I'm totally baffled. Some graphs from the article Takatoshi Ito, an economist at Columbia’s School of International & Public Affairs, argued at a panel discussion on Monday that unless the Japanese government … Read more

Yes, what should America do with its high-risk detainees?

by Ugh This is a bit dated, but Jack Goldsmith, whose claim to fame is being less insane than John Yoo and Jay Bybee, and Jane Harman, former Democratic congresswoman and now President of the Woodrow Wilson International Center for Scholars (NOT the one at Princeton, it seems), had an Op-Ed in the WaPo entitled "What should … Read more

Ta Nehisi Coates on David Carr

by liberal japonicus There have been a number of wonderful pieces about David Carr, like this one by Jennifer Senior at NYMag that ends with this: There came a moment after September 11 when I told David how sad and afraid I was to be single. This was a risky confession: David wasn’t much for … Read more

Trust and the love of money are the root of all scams

by Doctor Science More evidence of the conservative grifter problem just came out, in a report from Right Wing News. They found that the bottom 10 performing PACs we researched spent $54,318,498 overall and only paid out $3,621,896 to candidates — less than 7%. My theory about why American conservativism has more of a problem … Read more

what could possibly go wrong…?

by russell I'm not sure what to even say about this.  Yes, there's a lot of money looking for a productive home.  Yes, interest rates are so low that lower risk investments just don't pay much.  What to do?  I know – securitize high-interest used car loans to high-risk borrowers. Didn't we just go through … Read more

Sports and concussion thoughts

by liberal japonicus In my newsfeed, I saw the passing of Steve Montador, a hockey defenseman, at the age of 35. Googling a bit, it says he had a 13 season career, but a series of concussions basically ended his career. LGM has a much more informed post and I don’t follow hockey at all, and … Read more