Tyler Cowen is an economist who teaches at George Mason University. He has written economics columns for the New York Times, …
Economist
Cheapskate Wisdom … About Prince William’s Engagement to Kate Middleton
“Unemployed woman marries into welfare family.”
Has the Stimulus Bill Stimulated Much of Anything?
Are you feeling stimulated? With the jobless rate approaching 10 percent, many observers are saying the stimulus bill isn’t working like it was advertised. As a WSJ editorial notes, all the stimulus money was supposed hold unemployment under 8 percent.
More Recession Porn, via the Art Auction World
Another sad tale of recession porn, via the Economist: Art collectors just aren’t speculating like they used to, and fine art auction houses in New York, London, and beyond are suffering. One curator’s sale, which fetched $144.5 million last June, is only expected to bring in around $65 million this year. How are people going to survive?