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.
Latest news (Page 132)
New Home Sales Fell In February, Not Rose
From Barry Ritholtz in the RGE Monitor: WSJ: Sales of new homes rose in February for the first time in
Closures and Layoffs (Mar. 22-28)
This week's Closures & Layoffs report from Mark Heschmeyer. I think we forgot to post this for a
Official Unemployment Numbers Grim
The latest official unemployment numbers from the Labor Department show continuing deterioration in the job market, setting a record for
Wage Theft (NYT, ABC News!)
Kim Bobo, director of Interfaith Worker Justice and author of Wage Theft in America (which we excerpted here and here)
Why Georgists Correctly Predicted the Crisis
For more on the Georgists, Henry George, and the idea of a land tax, see this excellent sidebar D&
Common Security Clubs
An exciting new project spearheaded by Chuck Collins, D&S Associate, and of the Institute for Policy Studies. '
Pensions In Peril
Those with their retirements in 401(k) plans have taken a huge hit. Those with defined pension plans aren'
Successful bank rescue still far away (Martin Wolf)
Interesting piece by Martin Wolf of the Financial Times. By Martin Wolf | March 24 2009 19:24 I am becoming
Hey Paul Krugman (A Song, A Plea)
Catchy tune from YouTube. Hat-tip to Bryan S. [youtube=http://www.youtube.com/watch?v=XOYAuk809fY&hl=en&
Stiglitz On the Fiscal Crisis Of the State
From Common Dreams: Fiscal Plan Fails both Markets and Taxpayers
U.S. Seeks Expanded Power to Seize Firms
From the Washington Post. The plot thickens. Sure sounds to me like they're thinking Geithner's plan
Down the dark path (Delasantellis on Geithner)
Hat-tip to Larry P. for this; he says "it's by far the best thing I'