Daily Trawl

Lot of stuff has flown by since yesterday. [ …and I’ve just updated this post @16.00 — ed. ]

1. Lots of economics
Prof. Krugman is killing zombies, responding to this piece by Miles Kimball. Sheila C. Blair is in the NYT pitching the conservative economist’s argument for counter-cyclic policy. Carol Binder has a nice piece on recent work looking at the Great Recession and inequality. The Angry Bear catches some macro-economists mostly agreeing on something. There’s this excellent piece by Arjun Jayadev on the ways post-Moderation finance reduces market efficiency. And Bruce Judson is in the National Memo talking about Too Big to Jail, and the invidious effects of such privilege.

2. Dan Drezner austerity roundup
Drezner bringing a foreign-policy perspective to the progress of Austerian hysteria.

3. James Fallows (who is great) on journalism
On the subject of false equivalence:

The essence of the false-equivalence mindset is the reflexive assumption that “reality” is halfway between whatever two contending sides assert. Maybe that reflects early immersion in the Goldilocks saga. (“This one is too big. That one is too small. This one is just right!”) Maybe it’s a holdover from the age of Walter Cronkite. Perhaps it’s the D.C. worthy-person’s mantra, familiar from conferences and talk shows, that “partisans on both sides” are the main threat to progress. Whatever. We see it all around us now.

… followed by a detailed drubbing for the Washington Post.

4. Daniel Larison in The American Conservative
A nice internal critque of extremism in the GOP over Israel, from both tactical and strategic perspectives, and the Hagel nomination.

5. Marin Cogan on the Washington locker-room mentality
Kyriarchy and it’s affect on female journalists who wish to speak truth to (WASP, male) power.

6. And in other news…
I have an opinion piece on Liberal Conspiracy: thank you, Sunny!

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Per Argument Ad Astra

Politics, history, economics and rampant speculation from a victim of the Great Recession, currently at large in the West Midlands.

"When the regulation, therefore, is in favour of the workmen, it is always just and equitable; but it is sometimes otherwise when in favour of the masters."
                -- Adam Smith


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