The WSJ has a story today about how the global credit crunch is pounding the UK economy. One passage caught my eye:
According to the most recent data from Paris-based Organization for Economic Cooperation and Development, total consumer debt in the U.K. stood at 164% of annual disposable income at the end of 2006, by far the highest
Last Tuesday, I voted in my state’s primary. I’ll even tell you who I voted for: Hillary Clinton. I’m a registered Democrat, and I’ve been voting for nearly 20 years, ever since I came to this country. In past presidential elections, I voted for Kerry, Gore, Clinton and Clinton.
And now, as promised, my e-mail from Gilles Saint-Paul of the Université des Sciences Sociales de Toulouse in response to my question about why economists outside the U.S. seem to think we need a recession while economists within argue that we need to do whatever we can to fight it.
The U.S. economy does not “need” a recession but it
Fiscal clocks have been reset, budgets replenished. ‘Course, the economy’s looking like my kid just before she hurls—but even that might work to your advantage, as the barf hasn’t yet hit the fan. Come summer, it may be too late.
Brad Karsh of Ad Age offers these five tips to a raise-request strategy; they’re geared for the ad exec, …
I’ve been busy writing my column, and I figure this blog really isn’t the place anybody turns to for election analysis. But one thing struck me about last night’s Republican results that is of some economic interest: Immigration wasn’t anywhere close to being a decisive issue. If it were, Romney would have done a lot better in …
If you’d rather just read the outline version, go to Brad’s blog. But I recommend the video. The size of Brad’s coffee mug is truly impressive, plus he’s actually pretty good at explaining stuff verbally. Which is what professors are supposed to be good at it. Many aren’t.
The main point that DeLong makes on behalf of his long-ago …
Growing up in an international community made up of dozens of nationalities, I developed a keen ear for accents. I could not only differentiate the Swiss from the German, but also discern the Chinese by way of Taiwan by way of California.
Maybe that’s why it jarred me to hear Barack Obama speak to a church audience before the primaries …
According to new research, women take 50% more sick leave than men. ScienceDaily reports on a study about to come out in Occupational and Environmental Medicine that the work patterns of 7,000 workers in Helsinki between 2002 and 2005 showed women take far more short-term sick leave, but no more long-term leave.
I was thinking of doing my column for the magazine this week on something I’ve blogged about a couple of times already–whether the U.S. needs a recession to straighten out some of the imbalances in the economy. Mainstream American economists all seem to think this argument is nonsense, but lately a few perfectly serious economists who …
I figured I needed to get some photographic record of the Greatest Tuesday Ever in New York City (seriously: a New York presidential primary that matters, Fat Tuesday, and a ticker-tape parade for the Giants, all in one day). I had thought I could get a photo of the big lines outside my polling place, but there were no big lines. …