Exaggerating harm of Treasury’s continued GM stock ownership
Does the fact that the Treasury Department still has a significant stake in GM stigmatize the company? Give it a negative “Government Motors” reputation among investors or consumers? There’s lot of chatter but little evidence. And analysts say that the company’s reputation hinges more on it’s product line-up and profit outlook.
Brother, can you spare $829 billion?
America’s largest corporations are holding lots of cash, cash equivalents, and short-term investments. This viz breaks it down for 2012, 2006, and 2000.
Nightmare on Meme Street: Uncertainty, fiscal cliffs, and grand bargains
Having become disoriented in the fog of Corporate Uncertainty, I was trying to find my way when, suddenly, over the Fiscal Cliff I went. I plunged straight down — deeper and deeper into the abyss. I thought all was lost. But then I saw the Grand Bargain waiting for me, beckoning to me. For a moment, I rejoiced.
Fear mongering from the Congressional Budget Office?
A recent CBO report on the long-term budget outlook has reheated deficit hysteria. But the points of fiscal stress the CBO highlighted were misleading, its alternative budget scenarios lacked range or nuance, and its treatment of "excess" growth in health care costs cavalier.
Reader's anguished cry on "extreme underemployment"
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I have applied for hundreds and hundreds of jobs in my field over the past two years to no avail — in spite of more than 30 years of experience. I should say “because of” rather than “in spite of” since for most positions my experience works against me. I have found that there exists almost no possibilities between my last good position (I was making $65,000 with good benefits) and the crappy hourly positions I’ve been forced to take the past year.
Mainstream economists on the defensive
Do economics departments exclude diverse perspectives and fail to foster critical thinking skills? A dozen prominent economists confront the charge.
Don't know much about history, don't know much economy...
Economics departments: limited range of courses at the advanced level; reliance on "chalk-and-talk" pedagogy.