What's the Matter with Michigan?
What's the Matter with Michigan? The Rise and Collapse of an Economic Wonder Mason Gaffney, Groundswell Nov-Dec
Kristof: Apologist for Sweatshops
When I saw Nicholas Kristof's column on sweatshops last week (Where Sweatshops Are a Dream), I just rolled
Capitalism's 60 Year Itch
Then again, many of these forecasters were probably saying, six months ago, that this would be a mild recession. From
Jeff Sachs: There Is No Alternative...?
To a massive public stake in the economy? It sure seems like that's what the eminent free-marketeer
Bonuses--Not Wages--Sticky Downwards?
From The Times: The Times January 29, 2009 Wall Street bankers keep two-thirds of bonuses Christine Seib in New
Capital Theory (Sans Capital?)
This piece from the Financial Times reveals the intricate contortions economic journalists are facing in a world of overwhelming state
Today's FOMC Statement
Voilà—today's statement from the Federal Open Market Committee. The Fed will use "all available tools."
Wage Theft in America
We just posted two excerpts from Kim Bobo's excellent new book Wage Theft in America: Why Millions of
Union Membership Rises Again in 2008 (BLS)
Just in from the Bureau of Labor Statistics. Hat-tip to Doug Henwood at lbo-talk. As Doug pointed out,
ILO: World Economy May Lose 51 Million Jobs
From Reuters; hat-tip to LP: By Laura MacInnis |Wed Jan 28, 2009 9:06am EST GENEVA (Reuters) - Up to
Geithner and the Nanny Tax
Timothy Geithner was confirmed as Treasury Secretary yesterday, despite his tax problems. The tax problem that got the most press
Economists For the Stimulus
The Center for American Progress Action Fund and the Center for Economic and Policy Research are promoting a sign-on