When All Else Is Out of Bounds, Zap Labor
From Nixon’s wage controls to today’s interest rate hikes, the fight against inflation has targeted labor.
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Foreclosures, Temps, Freelancers, etc.
(1) The House that Set off the National Furor over Faulty Foreclosures: That's how a great article in
Foreclosure Trouble, etc.
(1) "Foreclosuregate" and the too-big-to-fail banks: The blogosphere is abuzz about the trouble the big
Various items
(1) Emmanuel Saez wins a MacArthur fellowship. With co-author Thomas Piketty, Saez has done great research on income inequality
More on Rich People; Islamophobia at Harvard
(1) Follow-up on yesterday's post: If you didn't get your fill of the controversy about
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
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