Here’s an update on that Republican effort to increase STEM graduate visas to foreign students at US colleges and universities. It was actually even more cynical than I thought. I knew that Republicans wrote the bill to take away one immigration visa from the Diversity Visa Program for every visa it added for STEM graduates [...]

Alan Blinder has a series of suggestions for how to fix the housing market. He notes that he called for a modern-day Home Owner’s Loan Corporation to buy up and refinance troubled mortgages back in 2007 and 2008, but that advice wasn’t taken. He still seems spooked by the ghost of Rick Santelli, as if [...]