Tag Archives: America

REVISITED: ANALOGIES, ECONOMICS AND THE AMERICAN DEBT “CRISIS”

I originally wrote a post attacking the household analogy for American debt on July 30, 2011. It remains one of the most frequently visited posts on the site. Yesterday Chris posted a lengthy (and sometimes angry) response. I wanted to … Continue reading

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ANALOGIES, ECONOMICS AND THE AMERICAN DEBT “CRISIS”

Perhaps the strangest and most depressing thing about the situation unfolding at the top of American politics this month has been how little of it has anything to do with the actual economic situation facing America. As I started writing … Continue reading

Posted in Politics | Tagged , , , | 3 Comments