…in private-label securities. These securities included subprime loans, which were extended to people with thin or weak credit histories, as well as exotic loans such as adjustable-rate mortgages known as…

…I wonder if he is even aware that economic historians label the 1870’s as the “Long Depression”. I find it really amusing that he so proud of what others call…

…really can’t know until we look systematically: 1. Do Democrats and Republicans in the different branches deliver systematically different results in spending, revenues, and deficits (and more tenuously, second-order effects…

…the format informative and I think will continue the conversation. To avoid any confusion I will label ‘open threads’ as such for any subject, and use the term ‘topical threads’…

…purchasing companies] were known as “leveraged-buyout operators.” But LBO became a bad name. … Their new label became “private equity,” a name that turns the facts upside-down: A purchase of…

…other part of the financial market. So you have a two-tier financial system, and then you have a series of issues that I would put in a general label of…

…the past several months: hope and change. In the end, did Ms. Parker know she was so prophetic? That’s potent medicine. It also should come with a warning label: “May…

One Salient Oversight sends some thoughts from down under on recycling labels: Think of the common labels thrown out against political opponents these days. What sort of political thinking would…

…budget deficit, are we comforted by what the presidential candidates are proposing? Few track this and those who do, such as The Nielsen Co., are tight-lipped about the data except…

…over 30’ (until of course we started turning 30 in 1976). Did we deserve being called self-absorbed, I daresay we did. But did we deserve the label of ‘selfish’. Well…