Monday, Dec 1st at Lesley University, Cambridge 7:00 pm Prospect Hall 1803 Massachusetts Ave, Cambridge, MA This is near the Porter Square MBTA stop and the commuter rail station. Lesley University President Joseph B. Moore will introduce … [Read more...]
Heads or tails, it’s Rubinomics
[Blogging way over my head -- fair warning.] So, who was in charge of Citigroup when it was taking on unsustainable risk the past few years? Bob Rubin. Who was a big advocate of using derivative products to stabilize markets and control … [Read more...]
Probable Deep Thought
Wouldn't the clarity and meaning of our economic discourse be improved if instead of "free markets" and "free enterprise" we used "markets" and "enterprise?" … [Read more...]
Breaking: Krugman Wins Nobel
What sweet vindication for one of our leading public intellectuals, who has braved firestorms of abuse from conservatives, and studied indifference from the media and political establishment, despite his very prominent platform on the NYT … [Read more...]
Beyond the Bail-out, whatever that ends up as
A. Excerpts from paper postulating the primary cause of the Great Depression was a disparity in wealth. The Great Depression was the worst economic slump ever in U.S. history, and one which spread to virtually all of the industrialized … [Read more...]
It’s Not a Fiscal Crisis – It’s a Constitutional One
He also argues that giving Paulson this unprecedented dictatorial power over money and finance is a constitutional crisis in and of itself. It is a long post, but well worth the total read. You will feel like you have a bigger grasp of what … [Read more...]
McCains Economic Policy Promises to be a cheap date
US Gas tax suspension Another Republican smoke and mirrors for the Middle class Ok lets have an open discussion Republican Nominee John McCain wants to lead off his economic policy by suspending the Federal Gas tax. He says it's going to … [Read more...]
Foreclosure Geography
Anyway, back to the maps, here's a heat map of Boston neighborhoods by income (Red means high income, blue means low): OK, so what do you think the foreclosure heat map looks like? If you said nearly the opposite, you're … [Read more...]
ICE raid in Ohio “nets” 160 – again employer conspires to deliberately hire
Straight from the mouth of ICE, their own story posted yesterday: http://www.ice.gov/p...CINCINNATI - Special agents from U.S. Immigration and Customs Enforcement (ICE) today executed criminal search warrants at Koch Foods in … [Read more...]
Profits in your pockets? NOT!
I found this in a bondad diary at Daily Kos.Since 2001 profits have been rising (dramatically) while compensation has been dropping.What big event happened in 2001? Why GWB of course...Not even "voodoo economics" Ronnie Raygun can boast … [Read more...]
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