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 145)
Obama Plan: They've Got Their Work Cut Out
At least if the latest housing data from HSBC are any indication. Thanks to Across the Curve (here's
Obama Mortgage Relief Plan
Reuters just posted a preview of the plan to be delivered later today: Obama mortgage plan to aid up to
Elderly NYers Angry as Crisis Hits Poorest
More from Reuters; hat-tip to Bob F. More mentions of Madoff. A sweet picture accompanies this article, too. You
Stanford Financial Charged with 'Massive' Fraud
From Reuters. There is a Madoff link: "Stanford's investment companies were exposed to losses from the alleged
Scared of Solar Power?
Today's Wall Street Journal has an uplifting -- and yet disturbing -- article on a training program for solar-panel
Julian Delasantellis on Stress Testing
The witty Delasantellis offers his thoughts. Nice to read in conjuction with our post on Bill Black today: Perhaps a
Weakness Unmatched in 35 Years
This is from the Liscio Report. As John Maudlin explains at The Big Picture, "One of the best gauges
Bill Black on 'Stress Tests' (Yves Smith)
Yves Smith of Naked Capitalism interviews Bill Black, who wrote this article for Dollars & Sense for our Nov/Dec
Strange Stirrings in Forex Markets
From Red Alert site, courtesy of Yves Smith. It may be related to Eastern Europe. Scary stuff.... I do not
Were All the WPA Workers Still 'Unemployed'?
In recent interviews, James Galbraith has been pointing to an odd twist in New Deal revisionism. Apparently, those economists who
The Dull Compulsion of the Economic (iv)
Links: (1) I forgot to post this New York Times piece yesterday: Do We Need a New Internet? (2) Yesterday