Jobs And Other Data Do Not Support September Rate Hike
August’s unemployment numbers were released today and they hardly show an economy that is on the verge of overheating. 151,000 new...
Tagged: Politics
Inequality And Income Under Thatcher And Blair
There is an interesting new study out that compared the growth of income and the rate of inequality in the UK...
Price-Gouging Mylan Is Also A Tax Deserter
Mylan, the company that has jacked up the price of their lifesaving product EpiPen in anticipation of their patent running out,...
Wall Street Colludes To Avoid Being Tested
One of the great teachers of my childhood used to quote Socrates, saying, “the unexamined life is not worth living.” If...
"Huge" Costs Of Climate Agreement Turn Out To Be Not So Huge After All
One sure-fire way to scare people is to throw out a big number without any context at all and I will...
Wall Street Actually Does Very Little That Is Useful These Days
Financial firms share of GDP has increased globally in the last few decades due to increasing financialization. In 2010, the total...
Grassley Won't Stand In the Way Of Lame Duck Hearings For Garland
Chuck Grassley, Senator from Iowa and chairman of the Senate Judiciary Committee, indicated in a speech earlier this week that he...
Spain May Need 3rd Election To Get Government
It’s looking more and more like Spain will need yet a third election in order to produce a result that is...
Trump's Mexican Foray Fails
I guess we will have to wait for the polls to tell us how Donald Trump’s trip to Mexico and his...
SCOTUS Refuses To Overturn Decision To Block North Carolina Voting Restrictions
In another victory for voting rights, the Supreme Court today split 4-4 on a request from North Carolina to grant a...