Archive for category Economics

Detroit homes sell for $1 amid mortgage and car industry crisis: A third of the population are unemployed. One in five houses left empty as foreclosures mount and property prices drop by 80%

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Congressional Budget Office Says Obama’s Promised $2,500 Health Care Savings Really Is a $2,300 Price Increase

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Unemployment Rate Increases in 30 States in January

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The Best Jobs In America (infographic)

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You do realize that when they say "jobless recovery" they mean it–all they care about is a recovery in corporate profits.

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Drug companies happily pay for studies of the safety of new drugs, but rarely, if ever, pay for studies that see whether those new drugs work better than the old ones. Comparative efficacy studies would save money and lives.

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Milton Friedman calls for universal catastrophic health insurance: "The first question asked of a patient entering a hospital might once again become ‘What’s wrong?’ and not ‘What’s your insurance?’"

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Simon Johnson presents his chapter on the Doom Cycle that produces (and predicts) increasingly greater financial crises – at the Roosevelt Institute’s ‘Make Markets Be Markets’ conference on March 3, 2010.

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Apparently, Reddit is scared by big numbers. I hope this helps you with your phobia.

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The Double Whopper With Cheese: Obamacare Will Reduce Federal Deficits By Lowering Government Spending On Health Care Programs

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Joseph Stiglitz: Time to fix the Fed

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Map of Dominant US Burger Chains [graphic]

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Growth as the driving force in the economy must be replaced

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The Problem with Deficit Neutrality

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Snapshot of income disparity: 30% of all our full-time workers earn less than $25,000 per year. Between 2006 and 2007, according to the IRS, the average income of the country’s 400 top taxpayers rose 31%, from $263.3 million to $344.8 million.

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"The average black family is nine-times as likely as a white one to have a parent in prison, has eight cents of wealth for every dollar owned by whites… and is three-times as likely to have their home foreclosed on" – Did it all start with the War on Drugs?

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Why microeconomic intuition doesn’t work for macroeconomics.

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1 pixel – 1 million dollars

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6 Theories On Why the Stock Market Has Rallied

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Why a Big Mac Costs Less than a Salad

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