by Linda Beale Corporatism and taxes Corporatism is the term used to describe a economic and governmental approach that favors large entities over people, including adopting rules and regulations to suit the regulated entities, tilting legislation to protect corporate entities that might otherwise be considered to be causing harm to the public good, and allowing […]

by Rebecca Wilder European Daily Catch: Unemployment and Retail Global labor reports prevailed today, but the US employment report took center stage. I’ll not comment on that report, so as to keep with my generally all things European theme here at The Wilder View. However, a quick sift through my feed reveals rather cynical takes: […]

Sort of lifted from Robert’s Stochastic Thoughts: Rick Santorum has no use for the Ivy League, or the economists produced therein. (He also expressed doubts about the Republican reliance on economists from the “Australian school.”(Johannas von Quiggin take note) Likely he meant the “Austrian school”. Read more here . Uh. … this isn’t one of […]

by Rebecca Wilder Fractional Money Multipliers Money multipliers – the stock of money divided by a measure of base money (generally reserves plus currency in circulation) – are dwindling to fractions of what they used to be. FT Alphaville draws our attention to this fact on the Euro area (EA) using SocGen’s analysis. The money […]

Today, the Consumer Financial Protection Bureau gets its first director — and its full powers. President Obama gave Richard Cordray a recess appointment that Republicans cannot block.

Jazzbumpa has been writing about various topics that involve economics for several years now. He maintains several blogs, one of which is Retirement Blues. He is data driven with a sense of humor and will add such to Angry Bear. Jazzbumpa is retired from a product development career in the auto industry. His education is […]

by Mike Kimel (Update: Naked Capitalism notes Mike’s post is the top read of the day in ‘links’) In recent years, there have been a number of studies showing that generational income mobility is particularly low in the US. To quote this 2006 study by Tom Hertz: By international standards, the United States has an […]

Uwe Reinhardt at Economix sums up health care policy proposals over the last decades(hat tip save the rustbelt) To describe the unifying theme running through these past variants, it is helpful to enumerate the major economic functions any health system must perform: Producing health-care goods and services. Financing health care, which involves extracting money from […]