economics

“We are now hearing ominous warnings about imminent deflation. Checking the welcome page at AOL this morning, I see that the lead item in the financial news section heralds “The Looming Threat of Deflation.” This headline encapsulates two highly problematic source...

“I maintain that a sense of humor comes right after air, water, food and shelter in the list of essentials for human thriving. As to the inspiration for the title of this blog, there are two. First, read about economics' source...

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“ src="http://pagead2.googlesyndication.com/pagead/show_ads.js"> This week we look at a short but excellent summary of the state of the current economic crisis. I always enjoy reading David Rosenberg, the North American economist of Merrill Lynch. He has a no-nonsense style that is source...

“The historical school, on the other hand, had argued that economic science is incapable of generating universal principles and that scientific research should instead be focused on detailed historical examination. The historical school thought the English classical economists mistaken in source...

“ The Dow Jones industrial average dropped 7.7 percent, or 680 points, on bleak economic reports, including one that showed that manufacturing activity in November was weaker than it had been since 1982. Investors plowed money into U.S. Treasury bonds, source...

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“Some currencies have lasted longer, or limited debasement longer than others, but in the long run, all currencies are dead (poking at Keynes' most famous quote). Fiat failures are blanketed throughout history with the Roman Denarius, French Livres, Assignats and source...

“ Yesterday I posted an “Idea” to Change.org in an attempt to promote the issue of ending the Federal Reserve System. There were already about 5 other similar proposals, some with almost 100 votes, but I posted mine anyway. Today, source...

“ Clay Shirky, author of Here Comes Everybody: The Power of Organizing Without Organizations, talks about the economics of organizations with EconTalk host Russ Roberts. The conversation centers on Shirky's book. Topics include Coase on the theory of the firm, source...

“Gossip - Defamer - Gawker - Liz Smith - Page Six - Perez Hilton - Reliable Source (Wash Post) - Wonkette - Yahoo Celebrity News” source... source...

“Keeping track of the ever mutating bailout debate is becoming increasingly difficult. With the Federal money spigots now thrown wide open, and with no one of influence advising restraint, the only debate is where to direct the torrent. During the source...

“ All three companies are seeing a continued dip in sales, but Ford is considered far better off financially than General Motors and Chrysler. Ford on Tuesday said it could be cash-flow positive from operations by 2011, but it is source...

“The declaration was made by the cycle-dating committee of the National Bureau of Economic Research, a private, nonprofit group of economists based in Cambridge, Massachusetts. The last time the U.S. was in a recession was from March through November 2001, source...

“Bernanke yesterday said he may use less conventional policies, such as buying Treasury securities, to revive the economy, because his room to lower the main U.S. rate from the current 1 percent level is “obviously limited.” Even so, reducing the source...