Economics Info

Economic News, Discussion and More

Archive for August, 2009

Dear Smart People: Is it even minutely possible for the U.S.A to start manufacturing the majority of the goods it uses? The stronghold China has on us has me scared.

Aug 31

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The Federal Reserve: Instigating Crises Since 1913 – "Paper money eventually returns to its intrinsic value – zero." Voltaire

Aug 31

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When you tax people and give the money to government employees, that creates demand for production and new jobs. Isn’t this a source of real wealth? Milton Friedman: Pure fallacy

Aug 31

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When Stan Lee started doodling, he never dreamed it would come to this

Aug 31

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Peak Oil, Peak Credit and Investments – "So What the Hell Does One Do"?

Aug 31

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We’re fucked. Almost half our oil is from countries with either unaudited or exaggerated oil reserves or where production is declining. Discovery of new oil peaked 40 years ago and has been steadily declining ever since.

Aug 31

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For someone who wants to get an advanced degree in econ, what are the most useful programs and programming languages that I should know?

Aug 31

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The world economy should be very, very afraid, " A Chinese agency said they reserve the right to walk away from bad derivatives contracts."

Aug 31

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"Washington Capitulates: Peak Oil Is Real". Each year the Energy Information Administration publishes a less-than-eagerly-anticipated tome called the International Energy Outlook. No one reads it. The mainstream media ignore it.

Aug 31

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As Hybrid Cars Gobble Up Rare Metals, Shortages Loom

Aug 31

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A Reluctance to Spend May Be the Recession’s Legacy

Aug 31

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Did a bad energy policy cause the current economic crisis? David Goldstein of the Natural Resources Defense Council makes a convincing case linking jobs, inflation, and the savings rate to smart environmental practices [VIDEO]

Aug 31

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“Taxpayers should heave a sigh of relief that the investment in the banks protected them from even more catastrophic losses from more bank failures,” said Aswath Damodaran, a finance professor at the Stern School of Business at New York University.

Aug 31

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Commercial Real Estate Lurks as Next Potential Mortgage Crisis. "Federal Reserve and Treasury officials are scrambling to prevent the commercial-real-estate sector from delivering a roundhouse punch to the U.S. economy just as it struggles to get up off the mat."

Aug 31

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Is the American trade deficit with China really that bad?

Aug 31

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Money is sustained through an act of faith, belief, promise and trust in sovereign power

Aug 31

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Wall Street and banks seek to protect their worst practices from scrutiny and regulation (the same practices which caused the financial meltdown).

Aug 31

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TARP Profits (Don’t treat the $700 billion TARP bailout as if it’s 100 percent losses when some large fraction of that money is going to be recouped, as is happening now.)

Aug 31

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Freedom to surf: workers more productive if allowed to use the internet for leisure : News : The University of Melbourne

Aug 30

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Questions raised over Goldman research policy – MarketWatch

Aug 30

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