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The Fed pledged to hold interest rates low for a very long time. What about the long end of the curve? The Fed pledged to hold interest rates low for a very long time. What about the long end of the curve? Read More
Orwell Was Right – Matt Taibbi
This weekend I re-read 1984, a book I tend to reach for when I get Defcon-1 depressed about the state of the world. Deep in the novel, Winston ponders the intricacies of doublethink: To know and not to know, to be conscious of complete truthfulness while telling carefully constructed lies, to hold simultaneously two opinions which canceled […]
How American Progressives Became French Jacobins – Michael Lind
Ispent the first third of my career among conservatives and the next two-thirds among progressives. At first, I thought both parties were equally cynical and instrumental when it came to theories of constitutional authority. The party that controls Congress only seeks to minimize presidential authority, and vice versa. I no longer think that views of […]



