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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Geithner Prevailed In Bailout To Protect CEOs
According to a report in the International Herald Tribune, Treasury Secretary (as of Tuesday) Geithner won over an internal battle
Curcuit City Bosses Ask For Bonuses!
Chutzpah has a new definition. Execs of bankrupt company demand bonuses or threaten to quit! Rest of story here.
The Dull Compulsion of the Economic (ii)
Links: (1) Japan and Latvia rack up whopping double-digit 4Q annualized GDP declines. That's two trade-loving
Prison Fees Proposed in Massachusetts
Here is a rather lame article (because not very balanced) from the Milford (Mass.) Daily News by Lois Ahrens of
Job Losses Compared
Dollars & Sense collective member and Bentley University economist Bryan Snyder sent us this rather disturbing graph, based on Bureau
Collins Cuts Women's Jobs from Stimulus
Economist Heidi Hartmann at the Institute for Women's Policy Research has analyzed the compromise stimulus package that came
Immigrants Bring Big Bucks For Jails
The federal government pays sheriffs $90 a day to hold immigrants awaiting deportation. Some sheriffs are aggressively lobbying to have
More Hindrance Than Help?
From Reuters: Fannie, Freddie to channel mortgage rescue: sources Sun Feb 8, 2009 1:50pm EST Reuters By Patrick Rucker
Nutrition, Personal Finance, Political Economy
It's time to pick on Ron Lieber again; he writes the New York Times business section's
The Dull Compulsion of the Economic (i)
I've decided to revive this series of posts. I hope to post weekly or bi-weekly, with links
Failing Banks Could Cost FDIC Over $40 Billion
Nine banks have failed so far in 2009, including three that went down on Friday. Twenty-five went under in
Agreement on Stimulus Package
From The Financial Times: Deal reached on $800bn US stimulus package By Alan Beattie in Washington and Alan Rappeport in