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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Revenge of the Glut (Krugman)
Today's column from Paul Krugman is quite helpful. The connection he draws at the end with the paradox
Lessons from Global Corporate Frauds
An interesting article by Jayati Ghosh that discusses "control fraud" in a global context, including work by former
Blame the Queen
Excellent piece from the Guardian about how heterodox approaches to economics were locked out in the UK (the same was
AIG Chalks Up Biggest Loss Ever, Gets $30B
From Reuters: AIG enters record books with $61.7 billion loss Mon Mar 2, 2009 8:44am ESTNEW YORK (Reuters)
TDCotE (vii): Dumb Animals
The Dull Compulsion if the Economic (vii) A series of posts by D&S collective member Larry Peterson Links:
California Unemployment Tops 10%
I wonder if it's still the world's fifth-largest economy now. And this surely means Friday&
Merkel Rejects Bailout for Eastern Europe
From The Wall Street Journal: MARCH 1, 2009, 10:54 A.M. ET Merkel Rejects Calls for EU Bailout of
AIG Follows Citi
AIG is expected to report horrific losses on Monday. Just in from Reuters : Exclusive: AIG near deal on new terms
Bleak Picture in Asia, More Gloomy Thoughts
On Asia, from the Financial Times. . A tidbit: "The figures are further proof that Asia's economy fell
Warren Buffet Feels the Pain
More from Across the Curve. And here's what the FT has to say out it: Buffett's
Nordic Economies Tanking
Even the virtuous Nordics (including Finland)are feeling the full effect of the crisis. From LSE Macroeconomic News, courtesy of
Essential Reading from Yesterday's FT
In case you missed it, due to Friday night carousing, or whatever... --Whistleblower contacted US regulators (should they even be