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So some time ago I had this flash that maybe the 1990s drop in crime was not due to the improving economy (really, the economy during the Clinton boom stank by the standards of the 1970s), or because of legal abortion meaning fewer unwanted criminal babies (as Freakonomics would have it) but because of lead. […] I’d never heard of him before, but damn I liked his excellent article at Salon, a fascinating look at a Southern labor movement in the 1930s. If that doesn’t sound all that fascinating, Winant does a good job of tying the failure of one union movement to larger issues (briefly, working-class Southern whites never unionized […] For a long time it was a cliche, one that was reasonably close to the truth, that the reporting at the Wall Street Journal was excellent, while the editorial page was a disgrace–a constant stream of right-wing lies. Now it’s pretty clear that the reporting is infected as well. Exhibit A is today’s piece on […] I really have no idea whether this story–where a commodities trader accidentally winds up having 28,000 tons of real, actual, physical coal dumped off at his workplace–is real. But it’s a good yarn, and it shows how the world of commodities traders is so unrelated to the stuff being traded that the very idea of […] Here’s an article I missed about how Chase treats its customers. I’ve experienced the same disregard. They never got to the point of outright stealing from me (they just gave me a loan in the free-money days of 2006-2007 at reasonable interest “for the life of the loan” and then demanded it back), but then, […] Here in Vanity Fair. Hat tip to askheidi at Reddit. I love any combination of economic commentary and cartoons (for obvious reasons); I was particularly tickled to see this a week or so ago–it’s Chris Ware’s rejected cover for Fortune’s May issue. Check it out–it’s worth savoring. Krugman’s nearly always good, but this column is simply superb–a reader who started the column not knowing a blessed thing about ratings agencies would, by the end, understand what they do, what the problems with them are (93% of mortgage-backed securities given AAA ratings in 2006 are now junk, which I didn’t know), and what […] In a PBS interview, presidential advisor (and Clinton treasury secretary) Larry Summers gave his take on financial reform. Most of the interview is unobjectionable, but this gave me (and others) pause: April 27th, 2010 | Category: Uncategorized | Leave a comment I came across this article recently, in which David Murrin, a hedge fund manager, opines that Obama’s tepid health care reform means the death of the American Empire. See, it shows that Americans want handouts, won’t take responsibility for themselves, bla bla bla. I don’t recommend actually reading the article–it’s entirely the sort of drivel […] |
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