The Jobs Imperative

From Paul Krugman at the New York Times: The Jobs Imperative
If you’re looking for a job right now, your prospects are terrible. There are six times as many Americans seeking work as there are job openings, and the average duration of unemployment — the time the average job-seeker has spent looking for work — is [...]

Black Friday

A quick note on my personal thoughts regarding Black Friday: the dumbest ‘cultural’ event in the history of mankind.
People seriously get up at the ass-crack of dawn and wait in line to spend money they can’t afford to spend, all because some CEOs have brainwashed and conditioned them to do so? What a bunch of [...]

Head Case

As the NFL season is in full swing, I’ve neglected posts about some other things. Here’s an interesting read from Robert Shiller, a Yale economics professor, in the NY Times about the psychology behind economic cycles. Interesting stuff.
Beyond fiscal stimulus and government bailouts, the economic recovery that appears under way may be based on little [...]

Taking a Beating

So, it’s probably a bad choice of words for the title of this post, but it’s the first thing to come to my mind — and I can’t think of anything else that grabs people attention so that they read this. So my apologies in advance.
Economic studies can be pretty random sometimes. This is one [...]

Delayed Start

Since I’ve been under the weather as of late, I haven’t had a chance to highlight some interesting stories. So, instead of trying to play catch up, I’m just going with a list of links for you to peruse, if you so choose.
1. There is a design company in Japan that is designing really cool [...]

Loopy

A few days ago, I commented about the adverse feedback loop in our economy and how that might severely retard a recovery effort in the short- to mid-term. Today, we got an updated reading on one of the largest components of that loop, home foreclosures.
The number of households caught up in the foreclosure crisis rose [...]

Move B-tch

[For the next day or two, I'm going to try to make all my post titles from relevant rap lyrics/song titles. Why? Because there is no football on mid-week, so I need a new challenge to keep myself entertained. So for this post, I am going with Ludacris - Move B-tch to correlate with the [...]

Adverse Feedback Loop

The Great Wahl is very versatile. I can switch from boiling beer pong balls to really nerdy econ discussions in just one post.
A lot of economic articles I follow have been talking about a “W”-shaped dip coming in the American economy. Jobs continue to drag on the economy, and unemployment continues to climb despite the [...]

Interesting Reads

Sunday morning is a great time to catch up on some reading. May I suggest:
1. A woman is paralyzed from eating a burger her mom grilled at a BBQ: Trail of E. Coli Shows Flaws in Inspection of Ground Beef
Stephanie Smith, a children’s dance instructor, thought she had a stomach virus. The aches and [...]

Economically Speaking

I usually try to post articles by Paul Krugman on occasion (I believe all my Princeton hits are from the Capo/Morton contingent, but perhaps it’s Krugman, so I have to cover my bases). However, it’s been a while since I’ve given him ink. He threw together a nice little pitch for more stimulus and I [...]