Tag: economics
All the articles with the tag "economics".
Joblessness and its effects on society
The Atlantic has a an interesting article posted called How a New Jobless Era Will Transform America . Don Peck has taken an in depth look at the mental and cultural changes that are likely for those …
Get tougher on banks
Planet Money has a great segment called Get Tougher, Please . Give it a listen. Economist Adam Posen of the Peterson Institute argues the financial reforms are way too wimpy - we need to get tough on …
9.7 trillion
The stimulus package the U.S. Congress is completing would raise the government’s commitment to solving the financial crisis to $9.7 trillion, enough to pay off more than 90 percent of the nation’s ho…
Keynes testing
NPR/PRI has some great stories on the return of Keynes theories, and possibly the very first test of them. This American Life: 373: The New Boss - Stories about what happens when someone new takes ove…
Spend your way to prosperity
I've been meaning to write a post about this, but Caroline Baum has written many of the same points I had in a piece for Bloomberg called "Economic Cures Are Like Booze for an Alcoholic" . "...the U.S…
Inconvenient Depressions
David A. Rosenberg from Merrill Lynch has released an 11 page document called "Some inconvenient truths" . It is worth a read for its frank discussion of our current economic condition. Depressions ar…
What would a modern depression look like?
The Boston Globe has an interesting piece on what a sustained economic downturn (like the great depression(s)) would look like in modern times : We are separated from the 1930s by decades of profound …
The End of Wall Street's Boom
I found this to be a very interesting behind the scenes read: The End of Wall Street's Boom His dinner companion in Las Vegas ran a fund of about $15 billion and managed C.D.O.’s backed by the BBB tra…
Which way will it tip, part 2
It seems the question I asked early in the year has been soundly answered, for now. Deflation is the name of the current game, not inflation. Money supply has been demolished through credit collapse a…
Another Frightening Show About the Economy
I have not yet listened to Another Frightening Show About the Economy from This American Life . Since it is from the guys that brought us The Giant Pool of Money (the excellent show about the housing …