The Whiny, and Undeserving, Rich
I have been meaning to blog about a lot of stuff recently, and I hope to do another post tomorrow
Recession Long Over! (?); plus: Thank God for Bailouts!
(1) Recession Ended in June '09, Declares NBER: The Business Cycle Dating Committee of the National Bureau of Economic
Animal Spirits, by Akerlof and Shiller
Animal Spirits: How Human Psychology Drives the Economy, and Why It Matters for Global Capitalism, by George Akerlof and Robert
The Myth of Overcompensated Public Employees
Two new studies debunk the idea, prevalent in these days of threatened austerity, that public employees are "overcompensated."
Basel; Older Workers; Mott's Strike; IMF
(1) Basel III Underwhelms. Global banking regulators came out with new rules on Sunday, mostly regarding capital reserves. Here'
A Plan B for Obama; Education Bubble
(1) What we would like Obama to do: From Thomas Palley's contribution to Martin Wolf's Economists&
Immigrants Build the U.S. Economy
Just one item today, in preparation for Labor Day--a nice post from Mark Engler's blog over at Dissent:
New Issue, Lump of Labor, etc.
(1) 2010 Annual Labor Issue: This year's annual labor issue has printed and will ship out today or
Magic Mushrooms
It had been a rainy summer in Colorado. No surprise to find mushrooms as we hiked the Andrews Glacier trail
Income Inequality and Financial Crises, NYT, Aug 21
A New York Times article by Louise Story asks, "Do widening gaps between rich and poor necessarily lead to
Unemployment, Austerity, Stimulus
[N.B.: First three items by our fabulous summer intern Elizabeth Murphy, who also chose this post's Possibly
The Buyout of America
On vacation in Colorado, we drive through the Littleton shopping mall. There it is, a two-story building, black and empty