Mish Talk

NOVEMBER 27, 2022

For example, there were alleged budget surpluses in four consecutive years, 1998 through 2001. Yet debt only fell once, in the year 2000, by 113.875 billion vs a purported budget surplus of $236.241 billion. 2001 had a reported surplus of $128,236 billion. That amount is called off-budget. Here's the long answer.

Budgeting 200

Budgeting Math Economics Accounting 200

The Big Picture

NOVEMBER 21, 2023

And we sold our stake in the business to Barry Diller in 2001. That’s less than one 100th of 1% of the annual budget. So here’s the math, Barry. We would eventually, not only eventually, so that was 1999. I was still in business school helping them incubate it. I became co CEO of the business. It was fortuitous.

Investing 246

Investing Investments Startup Accounting 246

The Big Picture

JUNE 3, 2024

Jeffrey Sherman : Well, what it was was, so I, as I said, with applications, there’s many applications of math, and the usually obvious one is physics. Barry Ritholtz : It seems that some people are math people and some people are not. The, the math came easier. And I really hated physics, really. It’s so true.

Math 147

Math Marketing Marketing Engineering 147

The Big Picture

MARCH 17, 2025

You were the Chief Economist for the US Senate Budget Committee during, was that during the Obama administration? So wait, so you are the Chief economist for the Democrat US Senate Budget Committee, who is the chief economist for the Republicans Stephanie Kelton : Bill something? ’cause I was just teaching economics at UMKC.

Taxes 147

Taxes Economy Government Budgeting 147