Robert's Stochastic thoughts

I've finished reading the Gerson op-ed. I also read "Nicaraguan dictator Daniel Ortega in the 1980s". Gerson doesn't men...

Same day same opinion pages more ignorance. Michael Gerson denounced Cotton et al . He added a to be sure paragraph. To be sure, this pa...

The normally sane Jonathan Capehart quotes an clearly confused retired General who is clueless about the constitution he swore to protect a...

In his widely read (but not read by me) book "What's the Matter with Kansas" Thomas Frank asks why lower middle class people ...

My head is spinning,because the Washington Post appears to have abandoned Ballance . The letter to Iran signed by 47 Republican senators se...

"This leaves modern macro people in the odd position of saying that it's crucially important to model agents' decisions, but ...

Graeme Wood received a lot of attention when he tried to understand the Islamic State (aka ISIS aka ISIL aka Daesh). He argued that their a...

Jon Chait tries not to give in to Matt Yglesias council of dispair. His post has the otimistic title There’s a Chance American Democracy I...

I'm not kidding. I think that Benhamin Netanyahu has found the only way to achieve US-Iranian peace. One risk was that Iranian hardlin...

I am still thinking about the working paper (which has since been revised) by Marco Del Negro, Marc P. Giannoni, and Frank Schorfheide of t...

I think this is even more Noah Smith bait than Mark Thoma bait. First the twitter version of the Lucas critique. Lucas argued that if o...

I had forgotten this passage from The General Theory which may be Brad DeLong's favorite. Brad made very good use of Finally it is ...

Over a year ago, Noah Smith wrote a blog post with an excellent illustration of the first extremely unsuccessful attempted machine gun. Th...

I was sincerely shocked to read that the Japanese household savings rate was negative. "The savings rate in the year through March ...

Uh oh the usually solid front of Political Animals is divided. Current animal Ed Kilgore appreciates the DNC's appreciation of narrat...

This is an ultra pointless "someone is wrong on the internet" post. I think I read somewhere the suggestion that Keynesians had ...

With the sarcastic hyperbole that won him millions of fans (OK that makes me read everything he writes) Jon Chait declares "Poll Confi...

This post is a comment on Noah Smith's brilliant post "Why do non-experts think they know about macroeconomics?" which is, it...

I learn from this wonderfully titled wonderful post "Randomgate is why politicians are so boring" that Obama's gaffe in which...

Robert (not Paul) Waldmann wishes that he and not Paul (not Robert) Waldman had written And New York City, population 8.4 million, just w...