Fresh off a semester of teaching comparative public policy, I'm still on the lookout for interesting/surprising comparative political facts. Two good ones today. First, from the BBC: The average UK... [More]
January 7, 2008
January 8, 2008
Quote of the Day II
McMegan: Actually, I think it's really useful to understand how you're shaped by class, money, and the social capital of your parents. I've thought long and hard about whether I'd... [More]
January 13, 2008
The Debt Threat
The BBC World Service is running a new 20+ minute documentary on the global implications of the US credit crisis, and I have to say, its easily the best thing... [More]
January 14, 2008
Number of the Day
CBS News: 75% of Americans think the country is off on the wrong track - matching the highest number ever recorded... [More]
Hospital Execs File A RICO Lawsuit Against United Healthcare
Wow: We witness on a daily basis an almost sociopathic willingness by HMOs to ignore laws and regulations originally promulgated to protect consumers and providers. Their ability to avoid effective... [More]
January 15, 2008
A Life of Noisy Exaltation
In honor of the upcoming caucuses in Nevada, American Prospect is rerunning a great backgrounder on the role of labor unions on the Vegas strip. For those of you not... [More]
More Evidence of a Financial Meltdown
If you aren't scared, you aren't paying attention: Citigroup announced a steep cut in its stock dividend and another big investment by foreign investors on Tuesday after taking more write-downs... [More]
More Bad Economic News
Inflation up big, consumer spending down. Not good: Wholesale inflation last year shot up by the largest amount in 26 years while retailers suffered their worst December shopping season in... [More]
Falling Prices...
As Atrios explains, it really is quite simple: Watching a 3 bedroom condo fall in listed price from $610K to $449K I'm inspired to make the obvious point that housing... [More]
January 17, 2008
Did You Know?
You owe China approximately $6,000. Yes, you.... [More]
Slow-Motion Collapse
It really feels like watching a slow-motion collapse. One: Merrill Lynch & Co Inc (MER.N) reported about $16 billion in mortgage-related writedowns and adjustments on Thursday in the worst quarter... [More]
January 18, 2008
Today's Edition of "The Slow-Motion Collapse"
Jon Taplin: An honest politician would tell the country the truth. The era of cheap oil, easy credit and spending more than you earn is over. America cannot exist with... [More]
January 21, 2008
Today's Edition of "The Slow-Motion Collapse"
I think I may need to rename this segment, because it looks like things are really beginning to pick up speed. Although US markets were closed on Monday, the rest... [More]
January 23, 2008
Today's Edition of "The Slow-Motion Collapse"
Roubini from Davos: Indeed, this morning I was again - like last year - a speaker in the main session at the Davos WEF on the global economic outlook. This... [More]
Bailout!
Moral hazard - the idea that if we are not made to personally bear responsibility for the harm caused by our reckless actions we will be much more likely to... [More]
Numbers of the Day: 25-30%
MarketWatch: Merrill Lynch forecasts nationwide U.S. home prices could decline 25% to 30% over the next three years, as new supply and weak demand weigh on the market. "This sounds... [More]
January 28, 2008
Number of the Day
26%: Sales of new homes fell last year by 26 percent, the steepest drop since records began in 1963, the Commerce Department said on Monday. Last week, the National Association... [More]
Econ 101
Our president apparently wonders why he doesn't get more "credit" for our "great" economy. I think this may have something to do with it. Or maybe its even more simple... [More]
The Socialists Are Coming! The Socialists Are Coming!
These people really are too stupid for words. I think I pay pretty close attention to this stuff, but I must have missed the part of the campaign where the... [More]
Subscribe to this blog's feed
