Archive for July, 2010

Americans are broke and depressed—and also swilling $3 lattes and waiting in line for iPhones.

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Full Employment Could Be in Germany’s Future

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China now world’s 2nd-biggest economy: Overtakes Japan in number-two spot; expected to be number one by 2025.

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US GDP slows in second quarter to 2.4% rate Economic Report

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With pressure mounting on the federal government to find new revenues, Congress is considering legalizing, and taxing, an activity it banned just four years ago: Internet gambling.

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Laurie Santos: A monkey economy as irrational as ours

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A Peek Inside Stores’ Shopping Data Highlights Regional Preferences for Certain Colors and Brands

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How Gangsters Are Saving Euro Zone

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U.S economy decelerates in second quarter? NO!

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IMF praises China in long-delayed review but criticizes currency policy

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The Great Debate: What Should Be Done About the Bush Tax Cuts?

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The battle now is between the 70% of Americans who embrace the free-market and entrepreneurial vision of the country against the 30% who prefer European-style control.

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Gregor Macdonald: Hollow Men of Economics

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Big changes coming to Goldman Sachs

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GM’s "Volt": After billions of dollars of government loans and grants for the Volt’s development and production it is exactly the kind of "green-at-all-costs" car that some opponents of the bailout feared the government might order G.M. to build.

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Low Tricks And High Finance – City economist’s fine, critical review of Niall Ferguson’s biography of Sigmund Warburg. Says Ferguson overstates Warburg’s achievements. Full of insights about how financial institutions operate

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The gaps in after-tax income between the richest 1% of Americans and the middle and poorest fifths of the country more than tripled between 1979 and 2007

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Improving Unemployment Insurance With Lump Sum Payments

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The rich are different from you and me: They are more selfish

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LET THEM EAT PLASTIC :: The seeds of the financial crisis were planted by western governments: Feeling threatened by growing dissatisfaction with income inequality, they bought the people off with cheap debt

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