Relevant and even prescient commentary on news, politics and the economy.

Health news

I’m not sure if there are studies looking at the long term effects of such advice on one’s health especially in this economy, but I can see where in the words of Arlo Guthrie, it could create a movement.   Health Experts Recommend Standing up at Desk, Leaving Office and Never Coming Back ROCHESTER, MN—In […]

Apple has some money burning a hole in its pocket

Getting real about Apple’s $100 billion stock buyback.  Updated* So I was hearing some where that Apple has a lot of money just burning a hole in it’s pocket. Seems there’s an arson named Carl Icahn trying to really ignite it by using twitter. Apple has implemented a plan to spend $100 billion of it’s […]

How to Think About Aggregate Labor Markets

Peter Dorman at Econospeak takes a look at economics and models. (Re-posted with authors consent) How to Think About Aggregate Labor Markets The remarkable Tyler Cowen has me scratching my head again. Here he is at the beginning of a critique of minimum wage laws and sticky-price Keynesianism. (The latter is an oxymoron, as anyone […]

Many types of tech, not just robots

by Mike Kimel Many types of tech – not just robots – have been affecting and are going to affect the service sector. When someone develops an inexpensive sign you can stick on top of television sets, racks of clothes, or appliances that will change itself whenever someone in the headquarters decides to change the price of the product, […]

1/24/12 Links worth noting: Germany rejects Swiss banking secrecy deal; Labor Devaluation

1/24/12  Links worth noting by Linda Beale: Germany rejects Swiss banking secrecy deal;   Labor Devaluation  David Jolly, German Lawmakers Reject Swiss Tax Deal, New York Times (Nov. 23, 2012).The US and other countries like Germany have been pressing the Swiss on their bank secrecy, which allows U.S. and other foreign citizens to establish bank accounts without […]

Ok class, let’s review before the exam (election)

I’m sure you are all feeling kind of blah. You have this final exam for this session and I can tell by your performances on the quizzes that you are still confused. The problem solving portions of the quizzes have been very telling. So lets review.   You’re taxes are not too high. It’s your […]

Wages driven down, now relative to market you’re over paid!

Update: spelling corrected in title. I heard and then went to look see that Caterpillar is working hard to control it’s costs. “Despite earning a record $4.9 billion profit last year and projecting even better results for 2012, the company is insisting on a six-year wage freeze and a pension freeze for most of the […]

Define Rich V: Looking at the historical labor economy

We are taking a little side trip inthis series of defining rich based on the prior tax rate schedulesbut, this post is keeping with the process of looking at history formarkers as to the definition of rich. For any new readers, I believeas a society we knew and had definite boundaries as to what definedrich. […]

The Job Market, Finding Qualified Applicants, and HR

by Mike Kimel I had a few posts noting that not long ago, I took a severance package from my most recent employer. Put another way, I’m now unemployed. Since then I’ve been looking for a new job. However, in recent weeks I’ve started taking consulting work, and I’m starting to lean more toward consulting. […]