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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Chinese Sell-Off Sparks Global Rout
Stocks in China got hammered today, with the Shanghai Composite losing nearly 6%, and the Hang Seng in Hong Kong
This Week's Economic Indicators
The first important reading of the week already came in from the Far East: Japan joined Germany and France in
T.D.C.o.t.E: Persistence of Idiocy in Economics
The Dull Compulsion of the Economic (xiv) A series of blog postings by D&S collective member Larry Peterson
Squeezing Both Ends of the Labor Market
These two recent pieces focus on disturbing developments in labor markets. Ambrose Evans-Prithchard zeroes in on unbelievable global undercapacity rates,
Nonperforming Loans To Assets Above Threshold
From Bloomberg Toxic Loans Topping 5% May Push 150 Banks to Point of No Return By Ari Levy Aug. 14
Indicator Watch, Friday
Michigan Consumer Survey (Reuters) Consumer prices (Reuters) Industrial Production (FT), with this caveat; note the abysmal capacity utilization rate: 68%
Gillian Tett on Corporate Transparency
As ususal, Tett does a great job. The ending is key. From The Financial Times: Idea of 'living wills&
Latest Inequality Figures (To 2007)
From Paul Krugman's blog. For perspective, here's a chart showing corporate profits from 1996 (and another,
Oligarchs' Threat To Indian Democracy
Nice FT piece from yesterday: Brotherly shoveBy Joe Leahy Financial Times Published: August 11 2009 20:40 | Last updated: August
HuffPo: Memo Documents Admin's Pharma Deal
From Huffington Post: Internal Memo Confirms Big Giveaways In White House Deal With Big Pharmadigg Huffpost - Internal Memo Confirms
The Widening Fair Market Value Gap
From Bloomberg: Next Bubble to Burst Is Banks’ Big Loan Values: Jonathan Weil Aug. 13 (Bloomberg) It’s amazing what