The PIIGS Problem: Maginot Line Economics
…into an industrial wasteland. The markets no longer believe in a “contingent liability” model, which is something akin to indicating that you have a rich relative who can help you…
…into an industrial wasteland. The markets no longer believe in a “contingent liability” model, which is something akin to indicating that you have a rich relative who can help you…
…cannot get rich quick on Wall Street as is their birthright. No, not Plastics. Health care! MBAs in health care are hardly new, but the thoughts of legions of newly…
…like Angola pays as much in tariffs to the US as does rich Belgium; Guatemala pays as much as New Zealand. And this discrimination exists even after the developed countries…
…Iceland; despite governments printing money like there was no tomorrow, the threat of deflation was real; business bankruptcies and rising unemployment contributed to the economic malaise in rich and poor…
…is a joke or a debate transforming proposal. I got the idea from Rich Lowry who asked “Does a state get to opt-out of the taxes too?” Hmmm now that…
…has been discussed is a tax on rich people. Maybe she supports the House Energy and Commerce Committee bill. But she worries about the total gross spending increases (generally called…
…is an opportunity because some other people are rich and have more money than they need then take from the rich and give to the poor. This means that wealth…
…Check out our site.) Make sure you catch Presidents Obama’s response to the obligatory question framed as “punishing the rich”. The article interviews Professor Richard Wolff, economist, U of Massachusetts….
…are the inverses of the marginal utlity of cash (the increase in happiness due to one more cent say). This implies a huge weight on the happiness of a rich…
…will actually spend all the money they get, rather than to people who will not: i.e., the rich. Spending money on things we need tends to be a better stimulus…