Two of the recent corporate disasters (AIG and Bear Stearns) were recently run by Greenbergs, following a bubble inflated by Greenspan?????

Here is a follow-up of my suggestion yesterday about the relevance of Marx’s theory of fictitious capital for the present day crisis. It be...

I am sorry, but I simply cannot hold back commenting on how Sarah Palin lied to her son and his comrades in the Alaska National Guard, whom ...

David Foster Wallace is dead: Timothy Williams: " Postmodern Writer Is Found Dead at Home " Infinite Jest was one of the best nov...

So why does Brad DeLong think Donald Luskin is the Stupidest Man Alive? Maybe because Luskin cites Charles Dickens without even understan...

Karl Marx’s concept of fictitious capital is very useful in understanding modern crises. I have explored this in an earlier book, entitled M...

Against the backdrop of chaos on Wall Street, I’ve been reading Brad Setser’s latest take on global political economy . It shows him at his...

Scott Lanman of Bloomberg reports: Former Federal Reserve Chairman Alan Greenspan said the country can't afford $3.3 trillion of tax cu...

One of the themes of my book Manufacturing Discontent was the redistribution of risk in the neoliberal era. There are two dimensions to this...

This is too good to keep to myself. For all those who are waiting for Armageddon in Geneva.....

Capitalism has been understood to be an economic system whereby the main forces of production are: (i) owned and controlled by an enterprisi...

My institution, beloved Evergreen with its moss-covered halls, is eager to be greener than green. Like many of its ilk, it especially want...

I am preparing a talk to give in China in a few months. I have an initial draft & would very much appreciate feedback. Warning: it is a...

Palgrave's Econolog ( http://www.econolog.net/stats.php?area=blogs ) has just issued a ranking of econ blogs, on which Econospeak is 46,...

by the Sandwichman John McCain on Sarah Palin's foreign policy credentials: "She knows more about energy than probably anyone else...