Benjamin Studebaker

Yet Another Attempt to Make the World a Better Place by Writing Things

Tag: politics

Obviously Oprah Winfrey Should Not Be President

A number of pieces have come out suggesting that Oprah Winfrey should run for president on the strength of the speech she delivered last night at the Golden Globes. It’s very obvious that this is wrong, and it’s disturbing to me that it needs to be said. This is not to say that she didn’t give a nice speech–it was a fine expression of empathy for some groups that are hurting badly. But the ability to give speeches like this has nothing at all to do with governing a country, and the Trump presidency ought to have long since made this very clear.

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How to Read That Productivity/Wage Gap Chart We’re Always Seeing

You’ve probably seen this chart before. It’s everywhere now. I’ve used it more than a few times over the years. It’s the chart from the Economic Policy Institute that shows that while US productivity has continued to increased over the last few decades, real inflation-adjusted wages haven’t kept pace:

I’ve seen two bad misreadings of this chart lately, and I want to clear them up.

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Why Cryptocurrencies Don’t Work as Currencies

I’ve been surprised lately by the number of people who have brought up or asked me about Bitcoin and other cryptocurrencies. It’s moved me to take a minute to point out why many economists and political economists don’t get excited about them.

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National Self-Determination is Overrated

I have a new piece out for Current Affairs about the importance of political unions in the 21st century. Here’s the link:

https://www.currentaffairs.org/2017/11/national-self-determination-is-overrated

The original title was “In Praise of Unionism: What the European Left Can Learn From America,” but we souped it up a bit. It’s a bit longer and more comprehensive than the stuff I usually do here. The folks at CA are delightful to work with. They’re putting out some really terrific long-form pieces that dig into things more deeply than a lot of what we see on the web these days.

Sarah Huckabee Sanders’ Bar Metaphor Is Really Stupid

A friend of mine recently sent me this clip of White House Press Secretary Sarah Huckabee Sanders attempting to defend President Trump’s “Cut Cut Cut” tax plan with an elaborate bar metaphor. Let’s call it the “Allegory of the Tab”:

A couple days later, my dad told me he heard someone bring this up, as if it were some kind of serious argument for Trump’s plan. I can’t let this stand. The Allegory of the Tab is too reductive, too simplistic, too brain-dead to pass without a post exclusively and entirely about how dumb it is.

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