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Open thread for night owls: The great capitalist heist made Paris Hilton's...
Gerald Friedman teaches economics at the University of Massachusetts, Amherst. He is the author, most recently, of Reigniting the Labor Movement: Restoring means to ends in a democratic Labor...
View ArticleWSJ-Cited Economist Says Bernie's Plan SAVES the US $5.081 Trillion on Health...
Gerald Friedman, the UMass economist whose economic analysis was cited in the Wall Street Journal article that claimed that Bernie Sander's proposals would cost the US $18 trillion thinks it is the...
View ArticleTwo Reasons I Can't Vote For Hillary
I cannot support Hillary Clinton. Don’t get me wrong, if she ends up the nominee, I will (rather sadly) vote for her — she’s better than Marco, Ben, Ted, Donald, Jeb, or Carly (although that’s not too...
View ArticleCNNmoney: Under Bernie, economy would BOOM
This is incredible. I’m surprised someone hasn’t diaried this?! Maybe I missed it. The blurb says:Median income would soar by more than $22,000. Nearly 26 million jobs would be created. The...
View Article2-15-16 Today's TILT (THINGS I LEARNED TODAY)
February is Black History MonthToday is Presidents Day (3rd Mon in Feb)National Gumdrop DaySingles Awareness DayWillie O'Ree was the first Black Hockey Player in the NHL. O'Ree is referred to as the...
View ArticleSanders and the Economists
Sanders and the EconomistsYesterday four former Chairs of the Council of Economic Advisers for Presidents—Alan Krueger, Austan Goolsbee, Christina Romer and Laura D’Andrea Tyson—posted a letter to...
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The Sanders Campaign and It's Economic Projections Have Crossed Into Neverland
Kevin Drum has an article up, with graph, that shows how incredibly unrealistic the Sanders campaign’s economic projections are and before you summarily dismiss Mr. Drum, he actually mentions in the...
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Past CEA Chairs To Sanders & Friedman: "Economic Facts Do Not Support...
Several well respected and former Chairs of the Council of Economic Advisers have written an open letter to Senator Sanders and Gerald Friedman. The letter is below and it gets straight to the point....
View ArticleGerald Friedman Consults for Sanders Campaign, But He Supports and Will Vote...
Hahahaha! The man at the center of attention in the Sanders Campaign, because of his very generous economic forecasts is voting for Hillary Clinton. Mr. Friedman needs to close down his Facebook,...
View ArticleKrugman, et al, Called Out by Former JEC Executive Director, James Galbraith,...
Over at HuffPo there is a recent story by Zach Carter entitled, “The Fight Between Bernie Sanders And Hillary Clinton Is Officially Super Ugly,” with a subheading of “Even elite economists are throwing...
View ArticleFive questions by which to judge any economist
The most lively pie fight on the political blogosphere the past two days is over the forecast of the effect of Bernie Sanders’ economic policies by University of Massachusetts-Amherst economist Gerald...
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"Deep Voodoo";"fairy tale”;"not ready for prime time"— Bernienomics Considered
★ ★ ★Author’s note: this piece concerns the controversy over and content of the Sanders campaign economic manifesto. I am not a supporter of the Senator. I am however an advocate of a reality-based,...
View ArticleClinton's Surrogates Keep Speaking, Then Apologizing
A few weeks ago, legendary civil rights activist and current Democratic congressman John Lewis very clearly disparaged Bernie Sanders’ involvement in the Civil Rights movement. “I never saw him. I...
View ArticlePaul Krugman and the "Hillary Bros"
Do you remember the scandal back in 2003 with the way the Bush administration manipulated the media? Judith Miller from the New York Times got information from "American Officials" on materials being...
View ArticleBernie Sanders's economic plans may not involve fairy dust after all.
As some may or may not have read, there has been a disturbance of the wonk sphere. On his own initiative, Professor Gerald Friedman of the University of Massachusetts Amherst decided it would be an...
View ArticleKrugman, CEA, V.S.P's eviscerated by reality. Yves Smith with the strong assist!
Let’s get back to some wonkery, shall we??So, Gerald Friedman of his own free will and curiosity decided to evaluate the performance of Bernie Sanders’ economic proposals using a standard...
View ArticleCitizens: If James Galbraith and Bill Black don't have any "standing," where...
Dear Citizens and Elected Officials:The great economic dispute continues to grow, and rightly so in my view. It began a few days ago when four prominent economists who worked for Presidents Bill...
View ArticleMy Krugman push-back LTE in the Eugene Register Guard
I had an oh, so bad, extremely horrible Washington’s birthday. Incidental to this I noted that Paul Krugman’s “Deep Voodoo” hit piece on Bernie Sanders had run in the Register Guard’s editorial pages...
View ArticleNew Christy Romer memo shreds Sanders' claims on economic growth
Christy Romer, formerly of the Council of Economic Advisors, and David Romer, have provided a response to those defending the growth claims embedded in Sanders’ policies. It’s eleven pages of what...
View ArticleEconomist who supports Clinton, says that Sanders Plans will result in a 5.3%...
Imagine that — well targeted government spending can be a serious force for growth in a Economy. Who knew? These 170 educated professionals did.1. Robert Reich, University of California Berkeley2....
View ArticleRemember that time those Economists tried to trash Bernie's economic plans?
I hope this hasn’t fallen too far down the memory hole?Open letter to Prof. Friedman and Sen. SandersIn the letter, 4 former Chairs of the Council of Economic Advisors (Alan Kreuger, Austan Goolsbee,...
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