9 Comments

I expect that Paul Krugman is seen as too political because of his often expressed opinions about the Trump “economic plans” and his joinder would be used to challenge the expressions by the actual signers. We know where he stands!

Expand full comment

Phelps is on the list.

Expand full comment

I suspect that a letter carrying the signature of a couple of dozens Nobel economic prizes will do little to sway the type of voters that Harris needs to win. Should they ever come across it, I am afraid the patronising tone may have the opposite effect. I wonder who of the Nobel prizes has come up with the peculiarly American economic test of “strengthening the middle class.”

Expand full comment

"that was one of my main reasons for choosing 2010 as the ending point for the long 20th century: the global-warming climate signal had not then fully emerged from the year-to-year weather-fluctuation noise."

The signal was damn clear by 1990, especially when the many features of GW were taken into account. The "weather fluctuation noise" was introduced by vested interests and GW deniers to create FUD to delay any action - which succeeded and is still succeeding. The UK's previous government wanted to drain every drop of North Sea oil, and the current government is going forward with "carbon capture" nonsense, and all the huge rebewable investment funding has disappeared. The US now produces more oil and gas than any other country, partly to offset Russia, but also to keep gasoline costs low to appease the voting reactionaries who believe GW is a hoax and/or give a damn about the climate.

14 years ago, the world agrees at Paris that GW was a problem and needed to be dealt with by decarbonizing economies. What has happened size. CO2 production continues to rise, foot dragging continues, and corporations game the system with mostly bogus "carbon credits". This is no way to deal with what is a slow-moving crisis.

Expand full comment

Krugman would surely have signed if asked. That oily little grifter Scholes doesn't surprise me at all, I'm so glad Canada is rid of him. The others, who knows.

Expand full comment

The above cited letter really will not make any difference at all given the massive lack of knowledge among 80% of the electorate who will be casting votes. Perhaps the signatories will feel good about it, but spending time making calls and canvasing or if you cannot do that contributing to get out the vote efforts is far more important. VP Harris has raised a lot of money but the down ballot races have not. That's were funding needs to go.

Expand full comment

I agree. A greater problem is the lack of public support of business - both big and small. Their fear of potential retaliation is cowardice and could result in a similar effect of the capitalists who thought Hitler would make a better Chancellor than anuone from the left.

While many of Trump's MAGA supportyers are very uneducated and know nothing of economics and teh consequences of tariffs and fiscal policies, and don't care one wit about the importance of good foreign relations with allies, there is a strain of "we were left out of the economic pie, so we will demolish the rest of the pie for everyone else." Some hope that the resulting chaos will put them back on top, and the Fundies will get their dream of a theocracy with God at the top.

During his interview on The Daily Show with Jon Stweart, Josh Shapiro made a good point that he responded to rural people's concerns about lack of formal qualifications keeping them out of government jobs, by removing degrees as a requirement for a position. [About time given qualification creep that suits educational institutions but can exacerbate inequality, not to mention the drag of crippling sudent debt.]

Expand full comment

Quite right. there is a lot that is difficult to explain, and I suspect if Trump wins an enormous amount of buyer's remorse given the havoc that he will inflict.

The biggest problem is that Biden did not announce that he would not run again back in the spring of 2023 which would have allowed lots of good candidates to campaign. Even after the horrible debate performance, had he pulled the plug then VP Harris would have had extra time to plan a good campaign. She's done about as good as anyone given the circumstances though the choice of Walsz while appearing good initially looks to have been a mistake as Shapiro would have helped more in PA.

Expand full comment

What about James Heckman?

Expand full comment