Robert WaldmannAmong experts, there is a widespread view that people in the USA support social insurance an oppose welfare. It is a fact that they support social security old age and disability...
Rdan No Sweat adds another facet to the crisis in Dubai...mobility of labor and wages. I cannot imagine what conditions are like to produce a strike in this city. If the players default in high...
We are now almost 24 months into the Great Recession. While many expect NBER will eventually say that The Great Recession ended several months ago, they have not yet.By contrast, the recession that...
Richard Baldwin at VoxEU introduces a new book on “great trade collapse” before the WTO meeting occurring shortly. Re-posted with attribution:The Great Trade Collapse World trade...
Have a good Thanksgiving folks. From all the Bears
Today's release by the Federal Reserve Bank of Dallas of October's Trimmed Mean Personal Consumption Expenditure gives us a chance to check this "alternative measure of core inflation."The clearest...
by Bruce WebbNews that the Republicans are pushing two bills that would establish a 'Bi-Partisan Commission' to 'reform' Social Security and Medicare are stirring up a debate which mostly had run...
By SpencerThe weekly initial unemployment claims are widely reported and various charts show how they have been falling since the peak.But it is hard to compare the drop in claims this cycle compared...
by Tom aka Rusty Rustbelt Comparative Effectiveness Research (CER) may have inadvertently lost credibility even before health care reform is actually launched. CER is the darling of the...
Ken Houghton follows up on his previous post.One of the few honest statements that came out of the Reagan Administration was in late 1982, when the Volcker policies were working but the market was...