Archive for January, 2011

Even More Millionaires Defaulting on Mortgages – Homeowners with Loans of More Than $1 Million Default More Often than Owners with Loans Worth Less Than $1 Million

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BLS employment survey revisions will make the job losses in this recession look even worse

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Sweden will force banks to reduce risk

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Elizabeth Warren talks Wall Street reform on The Daily Show with Jon Stewart

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Fish consumption reaches all-time high

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Sports as a microcosm for economics.

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Americans are about to be innudated with millions of pounds of unwanted chicken meat, and it’s all the Russians fault. No, really

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Economists are warning that if Egypt’s turmoil continues much longer, the country will not have enough currency reserves to avoid a long term financial crisis.

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WSJ’s John Bussey and Sudeep Reddy on the political and economic impact of the continued unrest in Egypt, and how it may bring on reforms in Syria…

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Turkish Central Bank Raises Reserve Requirements

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Payrolls Probably Rose at a Pace Underscoring Fed Concern Over Job Market

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Video: Socialist Alliance talk on the global financial crisis

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Merkel’s Defense of Euro Forged in East Germany – NYTimes.com

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[xpost from r/Politics]: DAE think that the real problem with state budgets is that states are responsible for providing x% of government services, but only get y% of the total tax revenue, and there’s no law/economic force that pushes x to equal y?

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It occurred to me that the constitution and political conventions oblige states to provide for specific government services (the cost and relative importance of these services changing over time), while states are only able to raise a certain amount of tax since, it seems to me, the sort of taxes states levy are precisely the sort of taxes that are easy to avoid by registering/headquartering your business in another state, buying things online rather than in local shops etc etc.

I might be completely wrong, but does anyone else feel that it is this fundamental, structural, political problem which has caused American states’ budget crises, and not fiscally irresponsible governors and state legislatures (even though they’re the easy targets to blame)? Just a thought I had, would love to hear what you have to say.

edit: format.

submitted by Scott_MacGregor
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/economics, what are you interested in? I need a topic for a regional analysis based off of the NLYS79 or 97. any suggestions?

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submitted by miraclemanmorris
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"Net neutrality… isn’t just about speech, it’s also about entrepreneurship and innovation, and it’s about our economy.” (Come on people.)

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Wall Street Journal: How to Tax the Rich

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U.S. National Debt Is Huge, but It’s Not a Catastrophe

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Does anyone know where I can daily closing data for all Nasdaq or DJ or S&P stocks for 2010 for free?

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I just want a csv file or something I can play with to test theories! I can pay $20, or I can write something to pull it all (which would take forever, because I suck at that kind of stuff). Why can I not find this data anywhere? Is it just sitting somewhere and I’m being an idiot?

Help!

submitted by middleman646
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China’s growing wealth and economic power bodes well for the US

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