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 144)
Mass. Doctors Push for Single-Payer
We found a link to this on, of all places, Marginal Revolution—hardly a lefty site!—in a list of
Stimulus Package Limits H1-B Visas
Hat-tip to Arpita B. Solve the Crisis by...Kicking Out the World's Best and Brightest? Posted by
Bard College Fires Joel Kovel
Joel Kovel, editor of the ecosocialist journal Capitalism Nature Socialism, was recently fired from his job as a professor at
Citi Warning on Brazil
From Bloomberg, courtesy of Marxmail. Stocks in New York opened sharply lower, following losses worldwide. Could be a rough day
What's Missing From the Housing Plan
Details are still coming out about the Obama Administration's housing plan announced today. From the early reports there
What Lovely Weather for a Bank Run...
From today's Guardian. A bank run in offshore tax shelters. Beautiful. Run on Stanford banks in wake of
UK Biz. Secretary Tirade at Starbucks
Starbucks in the news: In today's New York Times business section, an article about a new product from
We've Outsourced Unemployment
From the Washington Post's Harold Meyerson: Read the full article here.
Immanuel Wallerstein on the Crisis
Immanuel Wallerstein on the crisis; hat-tip to Arpita B. Here are some choice paragraphs; the whole piece is short
Greenspan (!): Nationalize the Banks
We weren't so surprised when Noriel Roubini called for (temporary) bank nationalization in a Washington Post op-ed
Germany May Rescue Debt-Laden EU Members
From Ambrose Evans-Pritchard's column.Yves Smith has linked to this page, too. But I haven't
2009 Global Economic Picture Bleak
The latest economic snapshot from the Economic Policy Institute (EPI): The full post (including their nifty chart) is here.