Containers of T-Shirts
Planet Money has been doing a series recently where they trace through all the steps of manufacturing a t-shirt. They follow it from Mississippi to Indonesia to Bangladesh and back to the US. All...
Tagged: economics
Revenue Sources
Now that the election is over, all of the chatter in Washington is about the fiscal cliff (well, not all the chatter). I’m surprised by how narrow the discussion is when it comes to...
Senator ATM
Simon Johnson does a good job today of explaining what’s at stake in the Mass Senate race this year. His bottom line: Vote for Scott Brown if you want to hand the megabanks a...
FB vs. AFP
It’s been an interesting week in the VC market, hasn’t it? I think that it’s kind of interesting to contrast all of the chaos which ensued when a certain company tried the Wall Street...
Breakaway Wealth
I liked Barry Ritholtz’s comments on the recent Washington Post special report called Breakaway Wealth. My favorite quote: Legalized theft of shareholder assets, approved by a corrupt Congress. If you haven’t seen it yet,...
Peter Diamond
Just in case you needed any more examples of how broken our government has become, Peter Diamond just withdrew his nomination to the Fed. Richard Shelby claimed he was blocking the nomination because Diamond...
Tax Cut Deal
Since I’ve opined several times here on the federal budget, I should probably give my $0.02 on this week’s news. I wouldn’t presume to know whether or not this is really the best compromise...
The “Lie” of Economics
I really enjoyed the first two paragraphs of this book review by William Davies: Every orthodox economics education begins with a lie. This is that, in the vernacular of neo-classical economics, we can and...
