Archive for the ‘Economy’ category

Rachel’s holiday mix: best of ‘08 edition

This year-end mix is titled “Stimulus Package.” Got no money? Got no job? Dancing is still free!
1. Va-Va-Va -Findo Gask
2. Happy Rabbit -Breakbot
3. Never No Dollars -Black Devil Disco Club
4. Repetition Kills You (ft. Damon Albarn) -The Black Ghosts
5. Dancing Choose -TV [...]

Crack House Diary Entry: College Application

This is only a Crackhouse Diary entry in the sense that Susan and I would have never known the author of the following college admission essay had Susan not chosen to teach in a South Central high school.  The student, who wishes to remain anonymous, approached Susan for help with her application process.  Susan brought [...]

The price of change

I was listening to a recent This American Life podcast at the gym the other day that included a bunch of interviews by Studs Terkel with people who’d lived through the Great Depression. A few things stood out: several people interviewed displayed a great empathy that had come from their own experiences with tremendous poverty, [...]

And……scene.

You never really see it coming. You have a feeling, but you brush it aside – you’re too comfortable in the current circumstances. Those closed-door meetings, the feeling that your colleague is trying to tell you something as you stay after work and watch the debates together. But you chalk it up [...]

This is still not good

The TED spread over the past month:

The TED spread is basically, as Wikipedia says, “an indicator of perceived credit risk in the general economy.” On Friday, after the House passed the $700 billion bailout, the measure saw a record close of 3.86. (Higher means more perceived credit risk. This high, any economist will tell you, [...]

Thursday cartoon: You want competition? We got your competition right here.

Via Yglesias, who suggests the exciting contest will usher in a new era of socialist bank nationalizations. We should be so lucky.

Wheeeee!

You know, I had a great idea for a post today, then got home and saw that Brad DeLong had already done it. Brad Delong is much smarter than I am, and he’s a world-class economist to boot. I can’t outdo Brad DeLong. So I’ll steal his pictures, instead, and add one or two others:
The [...]