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| 23 Sep 2009 I read the New Yorker piece -- it was very well done, and James Surowiecki's Financial Page has been required reading all through the current debacle. Posted by: sansho1 at September 23, 2009 11:53 PM. Thanks for the response, Drew. ..... The real problem with our country is that those who actually produce real tangible items for us get hung out to dry. The farmers, the blue collar workers, etc. Someone who plays in Wall Street's casino can make 10x as much money as ... Pajiba - http://www.pajiba.com/ - References |
| 9 Sep 2009 by tcavanaugh@reason.com (Tim Cavanaugh) For younger readers: In the past ninety years, the U.S. dollar has lost 87 percent of its value, according to the Dollar Times Inflation Calculator. But Surowiecki is right: All that Monopoly money flushed into the banking system by the ..... Deflation, of course, is the reverse. Except that deflation can cause in increase in defaults on debt, as we've seen the past few years in the housing and mortgage markets. And that's the real problem with deflation. reply to this ... Reason Magazine - Hit & Run - http://www.reason.com/blog |
| 8 Sep 2009 by Joe Weisenthal But it is odd that Surowiecki dismisses them so blithely with "the U.S. has had only one sustained bout with high inflation...," and we think that probably has something to do with definitions. .... the real problem occurs when a worker's output buys less goods. that only occurs when inflation is so rampant that modest wage increases cannot keep up with price increases in goods. but this is a short-run phenomenon, the output/price disparity eventually resolves itself, ... The Business Insider - http://www.businessinsider.com/research-in-motion - References |
| 24 Aug 2009 by Arnold Kling James Surowiecki writes,the public's skittishness about overhauling the system also reflects something else: the... ... The preemption of state regulation is a political non-starter, and the real problem is is that existing insurance policies are getting skinnier, while insurance companies (and the medical industry in general) are getting fatter. You must be smoking something if you think perpetuating the status quo, and adding a quart of nonsense, will do anything to ... The Atlantic Business Channel - http://business.theatlantic.com/ - References |
| 23 Jul 2009 by Brad DeLong james surowiecki on fifty herbert hoovers: the fifty states are hurting economic recovery : the new yorker. f you came up with a list of obstacles to economic recovery in this country, it would include all the usual suspects—our still ... Grasping Reality with Both Hands - http://delong.typepad.com/sdj/ - References |
| 22 Jul 2009 by admin but the real problem isn't the fecklessness of local politicians. it's the ordinary way in which state governments go about their business. think about the $787-billion federal stimulus package. it's built on the idea that during ... Hope & History Rhyme - http://s245849712.onlinehome.us/ |
| 21 Jul 2009 by James Kwak James Surowiecki (hat tip Matthew Yglesias) expands the attack by arguing that federalism (the idea that power is balanced between the national and state governments) in general is a problem, at least in these economic circumstances. ..... The real problem is the fact that the national government runs the banking system (which was run by state banks in Albert Gallatin's day). Many governors, legislators, and state attorneys general wanted to crack down on the worst parts ... The Baseline Scenario - http://baselinescenario.com/ - References [ More results from The Baseline Scenario ] |
| 20 Jul 2009 by back40 a new grid would enable us to get the power to where it's needed. but since nobody likes power lines running through his property, building the grid would require overriding or placating the states—and the prospects of that aren't great ... Muck and Mystery - http://www.garyjones.org/mt/ |
| 24 Apr 2009 by Adeo Ressi Whether stock is common, preferred, Class F, or any other, the real problem is that the pies just aren't getting big enough to economically feed everyone, given the cost of the ingredients. .... James Surowiecki believes the U.S. should eliminate tax deducations on debt: “If the benefits are illusory, the costs are all too real.” * CalPERS is seeking better terms from Apollo. Is there ever a point where the giant pension will publicly acknowledge that it was no patsy, ... PE Hub Blog - http://www.pehub.com/ - References [ More results from PE Hub Blog ] |
| 20 Apr 2009 Collector allows us to expand the number of people who contribute micro scenarios. A small number of people in a workshop are too easily subject to pattern entrainment and cognitive bias. If you increase the volume of material, then how that material is interpreted is key. .... IBM makes use of a Global Innovation & Technology Outlook initiative than in my view is based on based on Surowiecki's(2004:10) "The wisdom of crowds” i.e. using four principles namely: ... Cognitive Edge - http://www.cognitive-edge.com/blogs/dave/ - References |
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