Robert's Stochastic thoughts

The democratic socialist Bernie Sanders says that higher education should be provided without tuition. What did socialist Karl Marx think of...

This is my comment on Brad DeLong's article in the Huffington Post. I think the Huffington post editor might have cut out a key paragr...

I blame Josh Barro who tweeted a link to this column. So I started to read it. Note to self -- don't Do that. So I fisk. "MAYB...

Don't you hate it when you have a great title and no post to go with it ?

Endorsing Trump Chris Christie said Christie argued that Trump has the executive experience necessary to be president. "This is only ...

I have been arguing with Political Animals about Welfare Reform for years . It started when Ed Kilgore wrote TANF costs and caseloads w...

I often bore myself. I have been arguing with political animals about the 1996 welfare reform bill for years now. It started with Ed Kilg...

First I don't just think that Democrats should think about which presidential candidate has a better chance of winning -- I think Democr...

A majority of young Democrats support Bernie Sanders. A majority of not so young Democrats support Hillary Clinton. The generation gap is ...

I believe that if Osama bin Laden had been killed, Al Qaeda as an organization would not have grown to the point where it could have condu...

I have tried to avoid making predictions since 2004 when I predicted that Kerry would be elected, but now, as a result of the overwhelming e...

I can't resist grinding old axes. I assert that Ed Kilgore really really should formally and explicitly repudiate something he wrote an...

I try to avoid making predictions. I have tried harder since November 2004 when I predicted that John Kerry would be elected. But on Monda...

I have been postponing posting this post. Now it is a bit late as it is, I think, strictly inferior to Nick Bunker's post "Context...

by Marco Fioramanti and Robert Waldmann This is the final post on European Commission decomposition of unemployment into cyclical unemploy...

by Marco Fioramanti and Robert Waldmann This is the second to last post on the European Commissions DG -Ec-Fin estimates of cyclical unemp...

Guest post by Marco Fioramanti explaining how the EC "reconciles" the NAWRU Phillips curve model with completely implausible long ...

To celebrate the Paris peace talks and in honor of the Christmas season it has been almost unpleasantly hot in the Washington DC area (inte...

This is the third of a series of posts on the non accelerating wage inflation rate of unemployment (NAWRU) estimated by the European Commiss...