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.
1698 articles
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US Housing Starts, PPI, Retailer Earnings
From Reuters: U.S. housing starts, producer prices fall in July Tue Aug 18, 2009 9:09am EDT WASHINGTON (Reuters)
Michael Perelman: China v. US Class Warfare
From Unsettling Economics: China vs. the US: Class Warfare Posted August 17, 2009 Filed under: economics | In July, Chinese workers
TALF Extension for Newly-Issued CMBSs
From Reuters: Fed, Treasury extend TALF to mid-2010 for CMBS Mon Aug 17, 2009 11:23am EST By Mark
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
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