Bernanke Action Figure
Being The Shiznit means you get your own action figure (Picture).
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Looks Like A Shmashmession
Reading Time: 1 minute“The war situation has developed not necesarily to Japan’s advantage.” – Japanese Emperor Hirohito, August 14, 1945 “The economic situation has become distinctly less favorable since the time of our July report.” – Federal Reserve Chairman, Ben Bernanke, testimony to Congress…
Technically, Not A Recession
Reading Time: 1 minuteI found this report interesting: Technically, Not A Recession (via The Big Picture).
Hayek Vs. Keynes Battle Rap
Reading Time: < 1 minutesThe Hot Waitress Index
Reading Time: 1 minuteThe indicator I prefer is the Hot Waitress Index: The hotter the waitresses, the weaker the economy. In flush times, there is a robust market for hotness. Selling everything from condos to premium vodka is enhanced by proximity to pretty…
The Economic Plan We Need
Reading Time: 5 minutesI wrote this in response to a friend who said he agreed with Goldman Sachs that austerity is the biggest threat to the economy. After all, look at Britain (see, for example, “Why Budget Cuts Don’t Bring Prosperity”, David Leonhardt, The New…
The Cure To The Financial Crisis?
Reading Time: 3 minutes* *In a small town on the South Coast of France, the holiday season is in full swing, but it is raining so there is not too much business taking place. Everyone is heavily in debt. Luckily, a rich Russian…