I should title this: Yeah, it is just like 1929 you freak’n see, hear and speak no inequality monkeys. I have this pile of income data sorted out from Saez’s work (the GDP is BEA). My thoughts regarding our economy is that income inequality (or equality) matters. It matters so much, that it is the […]
rdan Blast from the past but the question remains: How do the wealthy actually plan: rational as in markets, or wealth expectations, see research begun but not continued here: 1990 Noise Traders. Robert will be surprised today. Update: Link corrected from pdf to html, which is not as easily read. Named authors are Brad DeLong, […]
rdan PGL at Econospeak points to this article in the NYT by Casey Mulligan. Mark Thoma at Economist’s View picks up on the item as well, that the reasons for higher unemployment figures lay squarely on the shoulders of US workers. Good discussion happens at these sites. It sure is a poke in the eye […]
by Bruce WebbBack in the day even to hint at some of the subjects of Symbolman’s brilliant flash productions was to mark you as being infected with Bush Derangement Syndrome (BDS). But now in the waning days of Bush/Cheney maybe it is time to push back against the revisionism. Warning if you ever supported Bush […]
rdan The Institute for Southern Studies reminds us that coal is not simply about smokestacks:
rdan James Surowiecki at the New Yorker has a few tidbits for a slow news day…or if the news is not slow, the reporting is. Notice AB at the top of the blog roll for fun.
rdan If you like the idea of earning high income—8%-12% annually—plus 15%, or higher, capital gains on top of that… …this new multimedia report, The 25% Cash Machine, will show you, step-by-step, how to get started today. It will take you from the basics of strategic high-income investing right through some of the very best […]
(Update. Not that it matters much at this point but I fixed the link to the Letter to President Clinton. BW 1/3/09) No I am not asking about a car or misspelling LexisNexis or even talking about a new sequel to the Matrix. It is instead the question to be applied to the following list […]
rdan Yves Smith said it fast and clear in her response to this part of a series in the NYT explaining the financial woes of the US. Two famous men, Kenneth Rogoff and Ben Bernanke, are given star billing. Yves post is worth reading. Here are some links to Angry Bear posts on the trade […]
rdan The The WSJ gives us this quote: To be sure, there was a glimmer of positive economic news this week as well, as the Labor Department released figures showing inflation-adjusted consumer spending inched up slightly in November as gas prices fell steeply. The personal savings rate also climbed in November. Socking away more in […]