Even the Wall Street Journal Knows!
Inequality is getting so bad even conservatives have started to acknowledge it. But that doesn't mean they'll do anything serious to make it better.
Latest news (Page 98)
Excellent Radio on Afghanistan
Doug Henwood's weekly radio program is just about the best there is on politics and economics generally, but
Indicators That Fell Through The Cracks...
...this week (sorry about that!): UK business investment falls at fastest rate since records began in 1966, despite rock-bottom interest
China's Stimulus and Dodgy Statistics
From The Guardian: Too early to hail China's stimulus success China may be on course to hit its
More Telecoms Regulation?
Let's hope the administration's regulators are more aggressive in pursuing this hated quartet than they have
Environmental Stuff (Not Pretty)
Peak Water? Thanks to Naked Capitalism The "Great Pacific Garbage Patch" pinpointed at last. Thanks again to Yves
Friday's Indicators
US personal income was .1% lower in July, reflecting continued weakness in the job market, but private sector wages were
The Afghanistan Quagmire
Though this Reuters article is hardly one of the best I've read on the topic (for that, I&
Obama's Neoliberal and Elitist Educational Policy
From Danny Weil, who's writing a book on elite-led educational reform, at Counterpunch. Not to disrespect the dead,
On Shrinking the City
Two FT pieces today on regulating international finance. The first covers some rather remarkable statements by the head of Britain&
FDIC Bled by Bank Losses, Sets P.E. Rules
First, the NYT on the scary FDIC banking report. As the article notes, the warnings about large numbers of banks
Thursday's Indicators
Weekly new jobless claims in the US fell 15,000 to 565,000, and continuing claims dropped by 80,000
German Consumption: Can't Win for Losing
Germany has long been castigated for its relatively restrained consumer spending habits (though it's definitely a thoroughly consumerist