Companies that purchase debt cheaply then collect it aggressively are shockingly easy to start. We can prove it! (Via Barry Ritholtz) (Via HBO)

Yes, Omar, I would be delighted to elaborate. Thank you for asking. The point I am trying to make was stated by John Stuart Mill in On Liberty, “He who knows only his own side of the case, knows little of that.” The truth of that maxim is illustrated by the claim, in your counterpoint to […]

Noah Smith asks what seems to be an interesting question in a recent post: “what leads to big recessions: wealth or debt”? But I’d like to suggest that it’s actually a confused question. Like: is it the heat or the (relative) humidity that makes you feel so hot? Is it the voltage or the amperage […]

I would like to draw the readers’ attention to an item I posted yesterday and say a few words about the significance of the discovery mentioned in it. The mock “theory of the Lump of Labour” was invented in 1891 by David Frederick Schloss in an article titled “Why Working-Men Dislike Piece Work.” The Oxford […]

Here’s a video from the Clinton campaign full of Republicans criticizing Trump for his attacks on the judge in his fraud case. — Greg Sargent, Washington Post, this evening Why, of course it’s a good idea, in a campaign that should be based largely on the likelihood that if elected, Trump would serve as Paul […]

from The Stage Coach, or the Road of Life (1843) by John Mills, Chapter XI “The Mudlark” The night was very bright; a sharp frosty air whistled from the east, and the moon and the stars sparkled like frozen sleet in the sun. After the governor had scraped off the worst part of the slush, […]

Eloquently. I love you, Bernie. I’ll always love you, Bernie.  And I’ll be voting for Clinton in November.  Just as you will be.

One member of d. 2016 mentions the most recent one: Charlie Manson remains alive. And here’s something I put up about nine years ago; a collaboration with Liberace from a documentary about Jack Paar: R.I.P., Muhammad Ali Click on “Read More” to see the rest.

In the Category of General Blogs or blogs which focus on a variety of topics. These blogs regularly present on a variety of topics and are a great way to start understanding economics or even to keep up with current economic events. – Marginal Revolution – The Big Picture – Calculated Risk – Naked Capitalism […]