Latest news (Page 166)
Interesting Piece on Marx and the Crisis
From Stumbling and Mumbling. Hat tip to Economist's View. I don't agree with all of this,
Something Good Comes Out of the Crisis!
Remember, though, all those who will be (and have been) hurt by the effects of this monumental waste; and that
Banks Mine Data and Woo Troubled Borrowers
A good article in yesterday's New York Times talks about data-mining companies that specialize in finding credit-challenged customers
Bleak Earnings Swamp Stocks
Just posted to wsj.com: By PETER A. MCKAY | Faltering profits and fears of global recession sent stocks into a
More Bad News For Automakers
Billionaire investor Kirk Kerkorian is cutting his losses by shedding part of his 6.49% stake in Ford Motor Company,
Trading Places
And, from Ha-Joon Chang (whose new book Mark Engler will review in a forthcoming edition of D&S), a
Thoughts from an Unusual Quarter
Poor performance on markets in New York, despite movement in money and commericial paper markets (and oil down another 4%
Economic Positions of (almost) All the Candidates
Compare the records and policy proposals of not only John McCain and Barack Obama, but also Libertarian Party candidate Bob
Bernanke Endorses Obama [sorta]
And this from the cranky side of the Wall Street Journal—the editorial page: Bernanke Endorses Obama There was a
Obama and Paul Volcker
From today's Wall Street Journal, an article about Obama's relationship with former Fed chair Paul Volcker;
...But It's Always Wise To Heed Nouriel Roubini
All the bubbles are bursting Radical, coordinated action among all advanced and emerging-market economies is needed to avert the looming
The Worst May Be Over...
Markets worldwide are reacting favorably to (from Reuters): Interbank lending, stimulus provide hope in crisis Monday, October 20, 2008 By