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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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
Wages Up or Down?
(1) Possibly Irrelevant Image: Which New York Times article are we to believe? (2) Bernanke Says Rising Wages Will Lift
Surveillance
(1) Possibly Irrelevant Image: (2) Top Secret America: The series of articles by Dana Priest and William M. Arkin in
Arizona Injunction; Baker on CBO and SS
(1) Possibly Irrelevant Image for today: (2) Judge Blocks Az. Law S.B. 1070. Breaking news--U.S. District Court
Black on Dodd-Frank; USAS Victory; etc.
Various items: (1) New Blog Feature: Possibly Irrelevant Images. With this post I inaugurate a new feature for the D&
G20, Deficits, etc.
A few items about the G20 meetings have been languishing on my desk (or rather as tabs in my browser)
Three Big Headlines: BP, Banking, Goldman
Wow--three big headlines today: (1) BP supposedly manages to cap the Deepwater Horizon well--for now, at least--after
The Root of Economic Fragility (Reich)
Interesting piece from Robert Reich's blog. An excerpt: Tuesday, July 13, 2010 Missing from almost all discussion of
Financial Reform Inches More
It now appears that with Scott Brown (our "populist" senator from Massachusetts) has agreed to support the reconciled