Washington, D.C.–Occupy DC is moving to Freedom Plaza by the Washington D.C. City Hall today, with turnout projections at 1,000 participants.
The event is receiving significant institutional muster, with the Metropolitan Washington Council of AFL-CIO lending its organizing hand. Chris Garlock, a spokesperson for the labor group told The More…
The senior Republican on the Banking Committee and senior senator from Alabama, who is blocking lauded economist Peter Diamond from joining the Federal Reserve board, doubles down on his objections after Diamond wins a Nobel Prize:
[Sen. Richard] Shelby says Diamond lacks expertise in so-called monetary policy —
Some very just desserts on this Columbus Day morning: Peter Diamond, a lauded economist at MIT, won the Nobel Prize, along with Dale T. Mortensen and Christopher A. Pissarides. The three economists won for their examination of “markets with search frictions.” In Diamond’s case, he focused on labor markets More…
This morning, a little, wonky blog post is creating a lot of controversy. Economics of Contempt writes:
Here’s a scary thought: Let’s say the European sovereign debt crisis flares up again, and one or two Euro banks fail. (Not a bank like UBS or Deutsche Bank, but a medium-sized
Today, RealtyTrac announced that lenders repossessed 93,000 homes in July — 9 percent more than in June, and up 6 percent since 2009. Again, California had the most filings, and Nevada had the highest foreclosure rate, for the 43rd straight month.
Today, the Rockefeller Foundation and Jacob Hacker, a Yale professor, launched the Economic Security Index — a measure of not just unemployment or income, but of broader insecurity related to income loss, out-of-pocket medical spending, drops in retirement accounts and other factors.
A team of policy experts studied economic More…
A few days ago, Sen. Jon Kyl (R-Ariz.) termed unemployment benefits — a federal insurance system paid for by employers — a “necessary evil” and said that tax cuts should not need to be offset, but benefits extensions should.
Today, speaking with Talking Points Memo’s Brian Beutler, Sen. Mitch More…
Rena Steinzor, a law professor at the University of Maryland and president of the Center for Progressive Reform, reports that Cass Sunstein, President Obama’s “regulatory czar,” may be hiring Randall Lutter, a conservative economist who spent time at the American Enterprise Institute conducting economic analyses of regulations, to More…
The subprime crisis certainly highlighted the need for American consumers to become more financially literate. But who defines financial literacy? And what makes someone an expert? Mike Konczal at Rortybomb asks these and other questions regarding financial literacy education — a subject TWI has also been looking into More…
I wonder if Kevin Hassett’s economic screeds would get as much attention if they were advertised as columns from the co-author of “Dow 36,000: The New Strategy for Profiting From the Coming Rise in the Stock Market,” the 10-year-old classic of economic buffoonery. For example, this Instapundit More…
rss