Archive for August, 2011

Americans Should Be Able to Sell Stuff Without a Permit

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College inflation versus real inflation

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Is it time to stop worrying and print more money? Harvard economist Kenneth Rogoff has spent his career fighting inflation. Now he thinks it might just save the economy.

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Oregon State Self Employment Assistance Program Turns Jobless Into Job Creators.

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Standard & Poor’s is giving a higher rating to securities backed by subprime home loans, the same type of investments that led to the worst financial crisis since the Great Depression, than it assigns the U.S. government.

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Finally, Some Good Mews – Manufacturers of Downward Arrows Post Record Profits

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Stiglitz: "The Fed is very good at creating problems, not so good at resolving them…. QE3 won’t help"

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Debate at Fed on how to fix economy

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Bank of America to sell China bank stake for $8.3 bln

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Fiscal Policy: US Firms Paid More to CEOs Than Taxes in 2010: Study – CNBC

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Why trying to kill yourself may be a smart business decision.

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Keynsian Karl Smith to debate Austrian Robert Murphy: This is the econ web cage match of DEATH.

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Federal Reserve Needs More Easing Until Economy Grows, Says Chicago Fed President Evans.

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Do Ugly people deserve legal protection from discrimination?

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Keynesian Economics vs Regular Economics — "There are two ways to view Keynesian stimulus through transfer programs. It’s either a divine miracle—where one gets back more than one puts in—or else it’s the macroeconomic equivalent of bloodletting"

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Instead of letting markets find their own level in a panic, they aided in the refinance of dud assets. It is impossible to reinflate a dud asset, except at high cost. But we will try! …. and then try again

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Why Iceland is important in understanding the economic meltdown

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Why Alan Krueger’s Jobs Analysis Was Spot On

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What does extreme hyperinflation look like? Zimbabwe now and then.

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25 of the best-paid chief executive officers in the U.S. earned more in salary and other compensation in 2010 than their companies’ federal income tax expenses; Also, 11 U.S. corporations reported $62 billion in domestic profits while paying a negative 3.6 percent tax rate in 2010.

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