The Underestimated “Price of Parenting”
Even a low-ball estimate of the cost of time shows just how misleading an estimate based only on money expenditures really is.
D&S BLOG
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Economic Ignorance (Michael Yates)
A great post from Michael Yates' blog. Michael Steele is a Nitwit and Wolf Blitzer is a Jackass Economic
CEOs Not Worried About Pay Caps
As they say, it's good to be a Bankster. From the WSJ the most stringent restrictions likely would
Diamonds No Longer De Beers Best Friend
Diamond behemoth De Beers has announced that it is shutting down all its mines, something that hasn't happened
Detroit Houses Going For $7,500
Actually, $7,500 is the median price of a home sold in Detroit in December, so many went for even
UAW Reaches Deal With Ford
From the wires. Ford hasn't received bailout money, but pressed the union for concessions because they didn'
AMEX Takes Bailout, Boots Customers
Like other credit card companies that have received bailout billions, AMEX is hiking fees, penalties, and interest rates. Now the
Lines Swell At Food Banks
Another sobering sign of the times from the Times. Highlights both the lack of a safety net in the United
Dean Baker on C-Span 2
Dean Baker was on C-Span 2 this weekend; you can view the segment online, here. Hat-tip to Joel H. Here&
Nigerians Scammers Pluck $27 mil. from Citi
Nigerian scammers have decided to skip the middleman and go straight to the bank. According to the NY Times, the
Anatomy Of a Foreclosure In Cleveland
There's a fantastic site detailing the foreclosure crisis in Cleveland (with the straightforward name of Foreclosing Cleveland). They
Bank Nationalization (P. Krugman, F. Moseley)
Paul Krugman, in his NYT column today, joins the chorus of people calling for "nationalization" of the big
The Great Real Estate Bubble of the 1920's
Economists conventionally attribute the Great Depression to blunders by the then-new Federal Reserve Bank. According to this story, promoted by