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10 Jul 2011, 5:35 pm by Richard Posner
In 2008 there were believed to be 7.03 million unauthorized Mexican immigrants in the United States, and by 2010 that number had fallen to 6.64 million, a drop of 390,000—6.64 percent. [read post]
28 May 2012, 6:44 am by Richard Posner
A recent two-part series in the New York Times (“Degrees of Debt,” May 12, 14) focuses on the rise, and potential consequences, of student debt for college, which now exceeds $1 trillion. [read post]
9 Jul 2012, 7:19 am by Richard Posner
The unemployment rate has been 8.2 percent for three months now, creating concern that we are in a high-unemployment equilibrium. [read post]
9 Jan 2011, 1:15 pm by Richard Posner
Two of the largest bookstore chains—Barnes & Noble and Borders—are in danger of being forced into bankruptcy; their plight raises the broader question of whether bookstores will survive in any significant number, and, if not, what the consequences will be. [read post]
18 Mar 2012, 5:53 pm by Richard Posner
The narrow question whether public school teachers should continue to have tenure, as they mostly still do, opens into the broad question of the extent to which education should be provided by a free market or by the government. [read post]
29 May 2011, 8:13 pm by Richard Posner
I want to consider what an investment bubble is, why it arises, whether it’s irrational, and whether the current valuations of social network enterprises such as LinkedIn and Facebook are a bubble phenomenon. [read post]
14 Oct 2012, 3:58 pm by Richard Posner
Liberals and conservatives tend to disagree about the role of luck in financial success, theformer thinking it plays a very big role, the latter thinking it plays a smallrole: that instead financial success is largely attributable to talent and hardwork. [read post]
30 Sep 2012, 8:30 pm by Richard Posner
I am concerned that both patent and copyright protection, though particularly the former, may be excessive. [read post]
1 Aug 2011, 12:03 pm by Richard Posner
The economy faces a short-term problem, a medium-term problem, and a long-term problem. [read post]
6 May 2012, 3:20 pm by Richard Posner
In 2007 and 2008, the U.S. unemployment rate was only 4.6 percent, though it started to rise after the financial crisis hit in September 2008, reaching 10.1 percent in October 2009. [read post]
5 Sep 2010, 5:50 pm by Richard Posner
Rapid advances in technology are nothing new; what is new in recent decades is rapid advances in the kinds of technology that require intellectual skills. [read post]
19 Feb 2012, 4:24 pm by Richard Posner
Two of the candidates for the 2012 Republican presidential nomination—Newt Gingrich and Rick Perry (the latter later withdrew from contention)—advocated measures quickly denounced by other conservatives as forms of “amnesty” for illegal immigrants. [read post]
3 Jul 2011, 7:01 pm by Richard Posner
It’s become a cliché that the United States has long had a shortgage of primary-care physicians (general internists, pediatricians, family physicians, general practitioners) and that this is a factor in the disarray and expense of our health care system. [read post]
28 Jun 2012, 9:25 pm by Richard Posner
There is no question that Americans are on average considerably more religious than Europeans; the only major exception is Poland, which remains a bastion of Catholicism. [read post]
13 Dec 2010, 9:29 pm by Richard Posner
Apparently an incorrect web address was given for the Miron-Waldock paper. [read post]
19 Dec 2010, 3:02 pm by Richard Posner
In my post of August 29 of this year—“Is the Federal Government Broke? [read post]
6 Dec 2010, 8:21 am by Richard Posner
I wish to correct a pair of errors, and a misunderstanding, concerning my post on contraception and catholicism. [read post]
14 Mar 2011, 9:18 pm by Richard Posner
The March 6 issue of the New York Times contains an interesting article by the economist Paul Krugman entitled “Degrees and Dollars,” available online at http://www.nytimes.com/2011/03/07/opinion/07krugman.html. [read post]
19 Jun 2011, 2:23 pm by Richard Posner
The U.S. economy is stagnant; the proposition that we had a mere “recession” which “ended” two years ago, is, like the terminology of sovereign default (“debt restructuring”), just an exercise in euphemism. [read post]
15 Aug 2010, 2:47 pm by Richard Posner
In my first book on the economic crisis (A Failure of Capitalism: The Crisis of '08 and the Descent into Depression), which was completed in February 2009, I argued that the crisis should be called a depression rather than a recession, in part because of the enormous debts that the government was assuming in an effort to overcome the crisis. [read post]