Driving Off a Cliff?
Donald Trump’s tariffs will make the U.S. auto industry less competitive and leave the industry out of step with the auto market's shift to EVs.
D&S BLOG
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Bonuses--Not Wages--Sticky Downwards?
From The Times: The Times January 29, 2009 Wall Street bankers keep two-thirds of bonuses Christine Seib in New York
Capital Theory (Sans Capital?)
This piece from the Financial Times reveals the intricate contortions economic journalists are facing in a world of overwhelming state
Today's FOMC Statement
Voilà—today's statement from the Federal Open Market Committee. The Fed will use "all available tools."
Wage Theft in America
We just posted two excerpts from Kim Bobo's excellent new book Wage Theft in America: Why Millions of
Union Membership Rises Again in 2008 (BLS)
Just in from the Bureau of Labor Statistics. Hat-tip to Doug Henwood at lbo-talk. As Doug pointed out, two years
ILO: World Economy May Lose 51 Million Jobs
From Reuters; hat-tip to LP: By Laura MacInnis |Wed Jan 28, 2009 9:06am EST GENEVA (Reuters) - Up to
Geithner and the Nanny Tax
Timothy Geithner was confirmed as Treasury Secretary yesterday, despite his tax problems. The tax problem that got the most press
Economists For the Stimulus
The Center for American Progress Action Fund and the Center for Economic and Policy Research are promoting a sign-on letter
Banks That Got TARP $ Reduced Lending
From Yves Smith at naked capitalism; hat-tip to LP. I just realized that the name of the blog may be
The Current Recession vs. 1982 (M. Yates)
Excerpt from an interesting post from Michael Yates's blog, Cheap Motels and a Hotplate: An Economist's
Towns Sad to See Prisons Go (WSJ)
From today's WSJ. In an earlier post we reported some people's speculation that state and local
Obama Plans To Tighten Financial Rules
From The New York Times: January 25, 2009 Obama Plans Fast Action to Tighten Financial Rules By STEPHEN LABATON WASHINGTON