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  • Let's Chat Labor Productivity
  • Why we are headed into Depression
  • First Iceland, then the World
  • Creating State Level Jobs Programs: A Jobs Insurance Supplement
  • Sunday Morning Comics - Goldman Sucks Edition
  • One Thousand Names for Fraud
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Populist Du Jour

  • Enron Fun with Fannie and Freddie

Vox Populi

  • Holy Cow Batman! SIGTARP Barofsky says U.S. on the hook for $23.7 Trillion in bail out!
  • Subprime meltdown over; now comes the bad news
  • The Deflationary Recession of 2009?
  • The Panic of 2008: a turning point
  • Text of Bail Out Act Before Congress - TAKE ACTION NOW!
  • U3 and U6 Unemployment during the Great Depression
  • Scientist Who Laid Ground Work for Nobel Prize Drives a Bus, Can't get a Job

Active forum topics

  • Get Ready for More Recessions
  • Joltin' up on JOLTS - Job openings increase in January 2010
more

Atlanta Fed's Macroblog

  • In the beginning, there was a lender of last resort
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iMFdirect

  • Africa Is Back
  • IMF—Delivering on Promises to Africa
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CBO

  • Presentation on “Fiscal Policy Choices” to the National Association for Business Economics
  • Preliminary Analysis of the President’s Budget
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powells

GAO

  • GAO-10-291, Afghanistan Drug Control: Strategy Evolving and Progress Reported, but Interim Performance Targets and Evaluation of Justice Reform Efforts Needed, March 9, 2010
  • GAO-10-274, Iraq: Iraqi Refugees and Special Immigrant Visa Holders Face Challenges Resettling in the United States and Obtaining U.S. Government Employment, March 9, 2010
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Instapopulist

  • Get Ready for More Recessions
  • Joltin' up on JOLTS - Job openings increase in January 2010
  • Rich taking from the old
  • Credit Union pays people to withdraw money
  • Iceland voters reject bank repayment
  • Most of the job loss is from offshoring, not the recession
  • Obama's solution to problem of offshoring
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Calculated Risk

  • Report: HAMP Modification Conversion Rate at about 33%
  • Vacant High Rise Condo Units
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Naked Capitalism

  • Guest Post: 6 Theories On Why the Stock Market Has Rallied
  • Links 3/9/10
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Paul Krugman

  • Ryan and the Zonkers
  • Health Care Resurrection
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dorgan

The Baseline Scenario

  • Banks Paying Customers to Take Overdraft Protection
  • It’s Not That Easy
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Eyes on Trade

  • Putting Twitter Above Labor, Environmental, and Consumer Protections?
  • "Buy, Buy American Pie"
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Econbrowser

  • Modeling problems in credit markets
  • Aspirin
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TradeReform.org

  • CPA Second Annual Fly In a Success
  • Trade Deficit Threatens a Second Recession
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EconomPic

  • More on the Improved Labor Market
  • Small Business Outlook Subdued
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Economist's View

  • "Macroeconomic Policy: The Elephant in the Room"
  • "TSA Makes Amtrak Safer. Really."
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Economy in Crisis

  • America's Outsourcing Epidemic
  • Understanding the Toyota Sudden Acceleration
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The Big Picture

  • Tuesday Reads
  • Only a day after slowest day of yr, the busiest in a month
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Credit Slips

  • In Case You Didn't Feel Like Showing Up
  • Early Thoughts on Milavetz
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Manufacture This

  • Tight times for mill workers in Maine, Part 2
  • Guitar Strings– Proudly Made in USA
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Alan Tonelson

  • Trading Away Productivity
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black swan

Beat The Press

  • Good News: Job Openings In January Almost Up to February 2009 Level
  • The Post Give Dana Milbank an Opportunity to Show That He Knows Zero Economics
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Nouriel Roubini's Global EconoMonitor

  • Bloomberg Reports Roubini Says Cautious China to Limit Yuan Gain to 4%
  • RGE's Weekly Roundup
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Zero Hedge

  • Ethanol Boondoggle Gets a Second Life
  • Public Pension Funds Doubling Up to Catch Up?
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The Mess That Greenspan Made

  • Are stocks expensive?
  • China on gold - stating the obvious
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Tax Justice Network

  • Literature Review: how banks help capital flee Africa
  • Conference: Why is so much wealth in the hands of so few?
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Brad Delong

  • Macro Wars...
  • Health Reform Is the Only Long-Run Fiscal-Hawk Measure Moving
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New Deal 2.0

  • Principal Writedowns and the Fake Stress Test
  • Spitzer, Johnson, and others in key dialogue on goverment & markets
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Steve Keen's Debtwatch

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  • Debtwatch Association Meeting March 9
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Pension Pulse

  • Public Pension Funds Doubling Up to Catch Up?
  • FDIC Prodding Pensions to Invest in Failed Banks
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Angry Bear

  • Are Earnings Rising or Stagnant? A look back at prediction 2005...
  • A NonReview of Yves Smith's Econned, Plus Some Questions About Selling Books
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Robert Reich

  • Bail Out Our Schools
  • Why the Continuing Bad Job Numbers Make it Harder (But Even More Important) To Pass Health Care Reform
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Financial Armageddon

  • Here We Are Again
  • Moving Up the Ranks
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Books & Papers

Global Trade and Conflicting National Interests - Ralph E. Gomory William J. Baumol.
Gomory BaumolGomory is President of the Alfred P. Sloan Foundation and Baumol is Director, C.V. Starr Center for Applied Economics. Through mathematics and general conceptual overview, Gomory, Baumol show the difference between classical economics and today's complex and modern economies. This text also highlights scenarios where global trade isn't necessarily a "non zero sum game". An excellent primer on global trade theory.

 

The Race to the Bottom: - Alan Tonelson. Why a Worldwide Worker Surplus and Uncontrolled Free Trade are Sinking American Living Standards.

Race to the BottomTonelson has truly been a voice for statistical reality. This in depth study of globalization practices casts a foreboding shadow to the decimation of America's middle class. Many of Tonelson's essays on reprinted on the American Economic Alert web site.

 

 

UNSUSTAINABLE - Eamonn Fingleton . How Economic Dogma is Destroying American Prosperity.
A harsh look at globalization practices. Forever the Cassandra of fiscal policy and "new economy" fallacy, Fingleton correctly predicted the collapse of the "dot com" era when few would heed his warning.

 

 

 

Take This Job and Ship It! - Senator Byron Dorgan.
Take this Job and Ship ItOur trade deficit increases by $2 billion a day. Pharmaceutical companies and their lobbyists have such influence in Washington that Medicare, by current law, is not allowed to negotiate lower drug prices. We import oil on an ever-increasing scale, putting ourselves into debt with the Saudis, the Kuwaitis, and other Middle Eastern nations. With their windfall profits, they continue to buy American assets. China's booming economy and abundance of cheap labor are threatening our economic survival. We have mortgaged our fortunes, our principles, and our way of life.

 

 

PERFECTLY LEGAL  - David Cay Johnston . The Covert Campaign to Rig Our Tax System to Benefit the Super Rich - and Cheat Everybody Else.
Perfectly LegalAn eye opening book on how the American middle class are paying the burden of taxes and reports on the corporate tax code so it is comprehensible to the layperson.

 

 

 

Outsourcing America: - Dr. Ron Hira. What's Behind Our National Crisis and How We Can Reclaim American Jobs.
outsourcing AmericaThe authors identify the ten major reasons employers send jobs overseas. Apart from lower wages and salaries, companies benefit from favorable tax policies, access to emerging markets, and other incentives — including the fact that companies face no penalty for destroying their U.S. jobs. The book also articulates the profound effect that outsourcing is having on educational and career trends, and how developing nations like India and China are retaining top talent that previously would have come to the United States.

 

 

Secrets of the Temple: How the Federal Reserve Runs the Country - William Greider How the Federal Reserve Runs the Country.
Secrets of the TempleThis is definitive study of the Federal Reserve Board in the Reagan era. Gives some interesting insight in how this body really operates.

 

 

 

One World, Ready or Not - William Greider The Manic Logic of Global Capitalism.
One World Ready or NotOverview on global, multinational corporate driven capitalism with a series of Populist proposals to rectify the redistribution of wealth to the super rich.

 

 

 

Nobodies - John Bowe Modern American Slave Labor and the Dark Side of the New Global Economy.
NobodiesGives individual accounts of guest worker abuses that is outright slavery and criminal. Gives strong insight in the ultimate result of global labor arbitrage and migration. Has a few policy suggestions to stop this morally abhorrent situation.

 

 

The China Dream - Joe Studwell The Quest for the Last Great Untapped Market on Earth.
China DreamGives a great history on the many efforts and failures to penetrate China's markets by foreign business interests. Shows how China is not a capitalistic market economy and throws some cold water on the realities of the mythical 13B consumer market that is often touted to justify bad trade agreements.

 

 

Wealth and Democracy, A Political History of the American Rich - Kevin Phillips
History of U.S. RichModern U.S., laissez-faire is a pretense. Government power and preferment have been used by the rich, not shunned. As wealth concentration grows, especially near the crest of a drawn-out boom, so has upper-bracket control of politics and its ability to shape its own preferment." In the next 474 pages, Phillips goes on to cover the "political and economic history of U.S. wealth, the U.S. record of speculative finance, the Anglo-Saxon proclivity for technology manias, the overlap between watershed technological innovation and economic inequality, and the connections between wealth concentration and the corruption of politics, government, and public policy. moreof review.

Click here for some exceptional Economics Papers

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