The Radford Free Press – Page 437 – All life is problem solving.

Economics / B. of A., bailouts, Bank of America, banking, Citibank, Federal Reserve Board, Geithner, Goldman Sachs, leading indicators, unemployment, Wells Fargo /

News Round-Up

November 20, 2009

So far the news this week has been very ordinary. Nothing suggests we need to change our expectations about next year that much. That is if we accept the likelihood of a very slow recovery with continuing downside risk. The point being that we have not yet begun to see data that foretells a strong […]

Economics / California, class structure, education /

California Bashing

November 19, 2009

I haven’t taken a swipe at the third world nation known as California for a while. So here goes. It pains me to read that the state’s college system is contemplating raising undergraduate fees by as much as 32%. Even with this increase the in-state tuition bill will only hit $10,000 which is not outrageous […]

Economics / Akerlof, economic theory, John Gray, Keynes, London Review of Books, risk, Schiller, uncertainty /

John Gray Tackles Economics

November 19, 2009

OK I can hear the yawn. Who is John Gray after all? Well, a really clever fellow that’s who. He has written some very controversial stuff, he taught at my alma mater, and is one of the world’s foremost intellectuals. His canvas is more extensive than most. He is quite capable of offering a reasoned […]