/

A Reply: Economics and Ethics

A correspondent of mine suggests we need to define both economics and ethics better if we are to resolve my ongoing angst with the state of the two combined. This is true. Ethics is, I think, well defined. The literature is full of notions of ethics and its evolution. Behavior that was once ethical is […]

, / , , /

Weak, Very Weak Jobs Report

At this rate Obama will not be re-elected. At this rate he doesn’t deserve to be. Then again the Republicans present and even more dire prospect. Will no one rid us of this malaise. My reaction to this morning’s very weak jobs report – the US added a meager 69,000 jobs in May – is […]

/ , , , , , , , , , /

Economic Drift

We are at sea. Adrift. Going nowhere. Wallowing about with little direction. Not sinking. Not soaring. Just floating. Just. Today’s GDP numbers validate the view that our economy is all of the above. The economy grew at a 1.9% rate rather than the previously announced 2.2% rate. The next few quarters look set to follow […]

«< 242 243 244 245 246 >»