Ab-Norm-al Econ
Tuesday, May 15, 2012
Tom Tomorrow's Cartoon On The Austerity Debate
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The debate about austerity and deficit reduction has worked its way into the popular culture. Grover Norquist, who coined the "starve ...
A Familiar Story At JP Morgan Chase
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This article puts a human face on the $2 billion trading loss at JP Morgan. Top management got warnings from internal risk managers but the...
Rebekah Brooks Faces Criminal Charges From Hacking Scandal
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The hacking scandal in the UK, that sunk Rupert Murdoch's tabloid, has implicated News Corporation's CEO and her husband. Criminal...
Monday, May 14, 2012
The Structural Versus Cyclical Debate Revisited
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This article provides a good response to the conservative argument that we have a structural downturn in the business cycle, and, therefore...
Greek Stock Market Worse Than US Stock Market In Great Depression
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This graph illustrates the decline in Greek stock market compared to US Stock declines in 1929 Depression. The slopes are comparable with...
Krugman Makes The Case For Stronger Bank Regulation
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Free marketers and libertarians oppose government regulations. They argue that markets a self regulated and that government is a threat to...
F. Hayec's Critque Of Conservativism As It Is Manifested In The US
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The following quote is from F. Hayec's preface in The Road To Serfdom. His book has often been used by conservatives to attack many asp...
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