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    • Problems with Economics: The Cult of Utility
      I first took Economics in Grade 11. We used the standard college textbook at time, written by Lipsey, Steiner, and Sparks. It started with axioms–the assertions upon which economics are based. The most important axiom  was the following: Humans act to maximize utility. Utility. What is economic utility? It’s generally defined as how useful a product […] […]
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Obama Pulls Out All the Stops in Effort to Defeat Progressive Senate Candidate Joe Sestak

Jake Tapper:

Organizing for America, the former grass-roots campaign arm for President Obama’s 2008 campaign, is trying to rally supporters to phone bank and get out the vote in Pennsylvania for Sen. Arlen Specter, D-Penn., the former Republican locked in a tight primary race with a far more progressive Democrat, Rep. Joe Sestak, D-Penn.

Chris Bolling, the national volunteer coordinator for OFA, writes in an email that the “stakes of this election are high: ensuring that allies of the President are elected in the House and Senate to fight for change. So starting this weekend, through Tuesday’s election, there will be phone banks for OFA volunteers in D.C. We’ll call into Pennsylvania and encourage voters to support leaders who will fight for President Obama’s vision for change.”

Specter, of course, supported the presidential campaign of Sen. John McCain, R-Ariz., and only became a Democrat when it became clear he would suffer an ignominious defeat in the GOP primary to former Rep. Pat Toomey, R-Penn.

Meanwhile, the latest poll Muhlenberg tracking poll shows the race between Sestak and fake Dem Specter to be a dead heat.

In his latest attack on Sestak, fake Dem Specter charges that Sestak supports {gasp!} gun control!

Specter is highlighting his vote against the assault weapons ban in the 90s and calling Sestak out for his “F” rating from the NRA.

Sestak is returning fire by distributing an ad Republicans used against Obama in 2008 that highlighted Obama’s “F” rating with the NRA.

I guess Specter is banking on those bitter, gun-toting Pennsylvanians to put him over the top. But are they more worked up about owning assault weapons or about the crappy economy and the lack of jobs? I guess we’ll find out on Tuesday. Personally, I’m rooting against Obama’s candidate.

This is an open thread.

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