Yesterday we reported on well-regarded assets manager Jeremy Grantham’s prediction that the stock market is cruising for a 15-20% correction sometime this winter. In a section titled “The Last Hurrah and Markets Being Silly Again,” he makes the comparison between the current rally and the 46% gain in the S&P 500 between November and April [...]

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From London, a lottery sign next to a newspaper headline. Entitled “A Tale of Two Lottos”.

New Hampshire’s fared better than most states in the recession. But that just means unemployment is “only” 7%. In response to the economic dislocation, New Hampshire Public Radio has created the Working It Out project, an archive of experiences and observations related to the recession reported by citizens from around the state. NHPR executive editor [...]

Here’s an excellent summary of the esoteric concepts and arcane financial instruments that contributed to the near collapse of the entire system last year. Created by designer Jonathan Jarvis as part of his thesis work. Part 1 Part 2

So far today, the major market indices are up on the heels of the government’s GDP report, which showed a 3.5% growth rate in the 3rd quarter–the strongest GDP increase in two years. Just two more days of non-catastrophe on Wall Street, and we’ll have avoided any unwelcome October Surprise. But one closely watched market [...]

AlphaInventions is a blog search tool that is supposed to work in real time. From the “What is AlphaInventions” page: If you update or publish your blog at the same time my visitors are browsing blogs in my site then my visitors will get a chance to see your blog in real-time. BAM! (the entire [...]

In this episode of the EconomyBeat, Detroiter Jean Wilson takes WDET’s Zak Rosen to one of her favorite organic markets late at night. Well, actually, she takes him to the dumpster behind the market, to talk all about how she and a lot of other people are getting full for free in Metro Detroit. Jean Wilson has been diving for herself, friends, neighbors, and even her mother for more than five years. The 50-year old Wilson estimates she’s spent $50 on food in the last five years!

In our last post, we turned you on to the rap economics song “Demand Supply.” Now, thrill to eight more dope phat economics tracks, from the album “Flat World Economics” by Rhythm Rhyme Results.

Our recommendations include the R&B-flavored “Elasticity,” which should have you jutting your chin, swaying, and assimilating the concept of the supply/demand curve’s sensitivity to price in no time flat. And definitely get your freak on to “Maximum Utility’s” funky downbeat and economics-positive lyrics:

“Demand, Supply“ At first blush, you might think that Principles of Economics, written by Harvard professor and former chairman of the Council of Economic Advisors Greg Mankiw, doesn’t necessarily seem like ripe material for a rap adaptation. But if you did think that, you’d be wrong. Listen to “Demand, Supply”, by Rhythm, Rhyme, Results. The [...]