General business has kept me from reading the deposition Matt Taibbi writes about here, but it sounds amazing. Anyone who’s seen the movie Inside Job will recall the stupendously angering scene in which (Mitt Romney advisor Glenn) Hubbard pissily snaps at his interviewer for asking about his outside relationships with financial services industry [...] “This [...]

If you listened to the traditional media organs, they’ll tell you that we’re starting to see points of congruence on taxes at the academic, opinion leader level of both parties. Don’t believe them. At first glance, for example, Romney economic advisor Glenn Hubbard endorsing higher taxes on the rich suggests a white flag of surrender [...]