Monday, February 28, 2011

Do you have anything to add Professor Krugman?

Indeed. And it’s not just the Germans. It’s amazing how this whole crisis has been fiscalized; deficits, which are overwhelmingly the result of the crisis, have been retroactively deemed its cause. And at the same time, influential people around the world have seized on the idea of expansionary austerity, becoming ever more adamant about it as the alleged historical evidence has collapsed.

Hell, even I was a Frankfurter.

But, to quote Keynes: When the facts change, I change my mind. What do you do, sir?

Thursday, February 17, 2011

Battle of Wits

as always, I'll take the ref.

My view is that Quiggin is right as far as right-wing politicians are concerned: for the most part they know that Obama was born here, that he isn’t a socialist,that there are no death panels, and so on, but feel compelled to pretend to be crazy as a career move. But I think Chait has it right on the broader movement.

Update: To include link to the post. Central to my point.

Friday, February 11, 2011


Nice Wired article

I especially like this;

By 2007, phones held six percent of world processing power, but the big story was gaming hardware, which shot up to a quarter of the total computational capacity, pushing the PC back down to a two-thirds share. Supercomputers are apparently rare enough not to measure.