Geithner’s Baa Humbug to Job’s and Labor (h/t Run75441) “Ebenezer: Since you ask me what I wish sir, that is my answer. I help to support the establishments I have named; those who are badly off must go there.” Daniel Gross at Slate interviews Tim Geithner here: “We Will Be Judged on How We Dealt […]
I received a copy of the book Plato and a Platypus Walk into a Bar… by Thomas Cathcart and Daniel Klein today as a gift. I haven’t read through the book in awhile. I found the ‘Tale of the tailor’ to be instructive as well as amusing given the topics we have been discussing concerning […]
(hat tip reader Lyle)
by Linda Beale(cross posted from ataxingmatter) Economic Theory–how much is it worth[hat tip–Yves Smith at Naked Capitalism] Michael Hudson, an economist at the University of Missouri-Kansas City, asks how the economic discipline became so “trivialized from its classical flowering””taking for granted the social structures and dynamics that should be the substance and focal point of […]
LOL…prodded into being by a kind note from MG.
by cactus Rubinomics Bleg I’ve read in a few places that the term “Rubinomics” was coined by Kevin Phillips. Anyone know the original cite? Thanks. Cactus
by Rebecca Wilder(crossposted with Newsneconomics) This week the Federal Reserve reported the Q3 2009 Flow of Funds accounts. The headline indicators show household net worth improving and private debt burden falling. The private sector – households and firms – is dropping leverage. Update: This chart has been modified slightly – the leverage level data (highlighted […]
by cactus Comparing Presidents, Real GDP per capita, All the Lags You Can Eat Three Ways From Thursday I didn’t really wanna write this post, but I keep getting told that when you look at how Preznits did on the economy, lags, lags, and more lags are what matters. I’d like to move on to […]