Zohran Mamdani’s Bold Program for an Affordable New York City
In a shocking upset, socialist Zohran Mamdani bested former governor Andrew Cuomo in the June 24 New York City mayoral
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Today's Reads: Morgenson, Roubini, Muenchau
Morgenson cautions us on hopes for recovery in the banking sector Roubini wonders if whether the recession will be "
CBO: 2009 Deficit Down, 10-Year up by $2 Trillion
From Reuters: New deficit projections pose risks to Obama's agenda Mon Aug 24, 2009 8:06am EDT By
This Week's Economic Indicators
Before we get to the recognized indicators, some non-indicator news worthy on note (i.e. these things will probably affect
One More for The Road: Global Stimulus
On the plus side, German business sentiment and Eurozone purchasing managers' index readings expanded at unexpectedly rapid rates according
Administrative Note
There may not be much blogging this weekend, as I'm taking the weekend off. A pleasant weekend to
Great Stuff in Today's FT
First, Gillian Tett's appreciation of the contorted dialectics of finance (she quotes Bourdieu!). Spencer Jakab on a shift
T.D.C.o.t.E: Rajan's Ineffective Demand
The Dull Compulsion of the Economic (xv) A series of blog postings by D&S collective member Larry Peterson
Today's Indicators
U.S. July existing home sales pace fastest in two years. But, as this Bloomberg article says, "The number
Economists' Poll: US 3Q GDP To Rise 2.4%
That's a big number, and these people are also predicting a 2.2% uptick in the fourth-quarter. It&
Uptick in Corporate Defaults: A "Virtuous Circle?"
From theFT (subscriber only access to the whole piece, alas), courtesy of, and with comments by, MonkeyBusiness: The number of
John Lewis: Worker Management That Works?
From today's Independent: Streets ahead: Does John Lewis offer a revolutionary way forward for big business? John Lewis
Today's Indicators
Most are covered in this NYT piece. It mentions a surprise jump in first-time unemployment claims and a strong bounceback