I have posted my talk for the San Francisco Peace & Freedom Party on the economic crisis at http://www.archive.org/details/perelman-econ...

Greg Mankiw and Paul Krugman have been providing graphs of certain interest rates and the exchange rate with a little commentary. Greg po...

Ayman al-Zawahiri, the #2 of al-Qaeda, has issued a tape denouncing Obama. The headlines have screamed "racial slur!" and the ...

"Tangible assets, which don't include goodwill or intangibles, are 55 times the bank's tangible equity .... Citi's leverage...

by the Sandwichman What's up? Unemployment is up. What to do about it? Samuel Gompers said, in 1887, "The answer to all opponents ...

by the Sandwichman Presumably... implicitly... tacitly ... these bailouts are all about saving JAWBS. I mean, is there any other rationale f...

PS: Dan Becker also told me that he just testified before Congress in the automobile hearings, shocking the politicians are telling them tha...

The automobile industry is on the ropes, dying a death of 1000 cuts, most of them self-inflicted. Virtually everybody knows about the stubb...

Why did Bloomberg print this nonsense? The Great Society of that period was the ultimate Keynesian experiment, and it didn't work very ...

My restful sleep continues to be disturbed by Willem Buiter , who writes I am in Slovenia today, talking to bankers, entrepreneurs, managers...

I previously posted what I was planning to say, which I did, at the Conference on "The Financial Crisis, the US Economy, and Internatio...

Conclusion In his article on the canonical labour-supply model Derobert (2001) mentioned Chapman's theory in connection with Hicks's...

References Altman, M. (2001) 'A behavioral model of labor supply: casting some light into the black box of income-leisure choice', J...

Maybe a picture is worth a thousand words. Here are clowns -- not the ones in the executive suites, but real clowns -- ringing the opening ...

The suggestion by Willem Buiter that Britain may already be on its way to a collapse of its currency and possible sovereign default has bee...