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Warren Buffet’s annual letter to shareholders

…“This debilitating spiral has spurred our government to take massive action. In poker terms, the Treasury and the Fed have gone “all in.” Economic medicine that was previously meted out…

At least as of yesterday morning, the Democratic establishment still didn’t get it. Then again, as of late yesterday, neither did the Republican establishment. And neither did Donald Trump. [UPDATED]

…to regarding handing control of the federal courts, and federal law, to billionaires and mega-corporate interests. That’s what Citizens United was really about. But it’s also what a slew of…

Labor versus Market and Demand

…New York. A video of the entire talk, along with the slides, is below the paywall for paid subscribers. Since the summer, Fed Chair Powell has described the labor market…