“…there is every reason to believe the biggest banks are hiding huge losses on second liens….Another financial crisis is nearly certain to hit in coming months. The belief that together Geithner and Bernanke have resolved the crisis and that they have put the economy on a path to recovery will be exposed as wishful thinking.” [...]
One way to catch a glimpse of how people are searching on the Web is through the suggested queries that Google kicks up when you start typing in its search box. If you start any search, Google anticipates what you are looking for by offering 10 options that other users have frequently searched for.
For example, type in “How to save money…” and the search engine suggests:
On Grant McCracken’s blog, which “sits at the intersection of anthropology and economics,” this post argues that the American corporation is out of touch with much of the country’s population. The John-Boy Problem (Boomer managers out of touch) Let’s say we are a luxury car company. We’re doing a year-end review of marketing. We’re looking [...]
It was only a matter of time, I guess. This Saturday, dozens of “coffee parties” took place around the country. The Coffee Party was formed in response to the seemingly omnipresent and highly vocal Tea Party movement, which seeks a more limited form of government, to say the least. While Coffee Partiers also have a [...]
In this final episode of “Laid-Off,” we find our hero Odd Todd trekking out to Hollywood to try his hand at creating a TV show.
From the blog Layoff Moveon, this post on Top Ten Things That Enrage. So you’re cruising through life at a comfortable speed. Wham, bam. your pink slip is served. Suddenly there are things in life which you never thought would piss you off. #1 PEOPLE WHO ASK HOW I’M DOING in case you’re wondering, “not [...]
From the blog of You Walk Away, a company that helps homeowners “strategically default” and walk away from their property (and mortgages) when they have negative equity.
Click on an image to see it full size. More photos here
Some of you have no doubt seen the “Fear the Boom and Bust” video featuring the rap stylings of economists John Maynard Keynes and Friedrich von Hayek, two economists with diametrically opposed viewpoints. To put the dispute in its most simplistic terms, Keynes thought government intervention was the only way out of economic downturns, and Hayek…not so much. (Think Paul Krugman vs. Ron Paul to get a picture of two contemporary acolytes of these schools of thought.)
In Wikipedia’s entry on Keynes, the section “Economics: out of favour 1979–2007” is followed by Economics: the Keynesian resurgence of 2008–2009.
No, that’s not a confession at a 12-step meeting for pariahs. It’s the title of a long thread on Reddit, part of the social bookmarking site’s “IAmA AMA” feature, which stands for “I am a X, ask me anything.” The concept is simple: “Post what you are, have people ask you about yourself.” Here’s the [...]
Funded by the Corporation for Public Broadcasting. Edited and created by Public Radio Exchange (PRX). 
