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 157)
Report from the ASSA
A quick report from the 2009 meetings of the Allied Social Sciences Association (as the economists grandiosely call their meetings)
Too Much Office Space Spells Big Trouble
The next big financial time bomb could well be commercial real estate. Vacancy rates have skyrocketed across the country, rental
Stock Market's Loss Means Higher Wages?
Dean Baker has put forth a provocative claim on his blog: New Year's Day edition of the Washington
Steel Industry Looking For $1 Trillion
The next contender in the category of "too big to fail" appears to be Big Steel. Through the
Nasa Scientist: Cap & Trade Not Sufficient
From The Guardian. N.B: Hansen lambasts the current international approach of setting targets to be met through "cap
Trade: Throwing Oil on the Fire
From The International Herald Tribune. Particularly noteworthy (i.e. scary): "China will resort to tariff and trade policies to
Treasury To Aid Array of Firms, Industries
From Bloomberg (hat tip to Yves Smith) Treasury Opens Door to Aid for Broad Array of Firms, Industries By Rebecca
The Good News and the Bad News
Employment at the tippy-top is looking good for Black people in the United States, as Barack Obama ascends to