The Unique World of the Tech Recession
The United States is clearly in the midst of a tech recession. All of the signs from classical recessions are now evident.
Category: Economics
The TV Pilot Hoax of 1997
Consider, for a moment, what a scam about pickle jars and phony TV tells us about life before the Internet.
Banking on the Federal Reserve
It isn’t clear whether the crisis is over, but the swift and strong reaction from the Federal Reserve seems to be tamping down most fears.
Maybe Domestic Manufacturing Should Come Back
Domestic manufacturing may be able to start a reversal in the feelings of disappointment and malaise than are so common today.
Our Cell Phone Costs are Too Damn High
Compared to other countries, we pay too much. Is there anything we can do to address cell phone costs? Yes.
Something Debt Ceiling Threatening This Way Comes
The debt ceiling fight is about paying bills already incurred, for which federal agencies have the authority granted in federal law to cut checks.
Class, Behavior, and Just Dessert
“They don’t get to call themselves ‘middle class’ anymore!” is a conversation that shows up from time to time
Ben Yehudah: Ode to a Street That Won’t Die
A farewell to a Jerusalem institution – the Ben Yehudah pedestrian mall – that showed me what true resilience looks like.
What Do We Do With A Drunken Market?
What do we do with a Drunken Market (that’s doing what it should – just not for you or me?)
On Believing Oil Company Executives
So to reiterate – you are paying more at the gas pump because oil company executives are more concerned with their dividend rates then anything else.
What Wharton Students Reveal About The Economic Stories We Tell
Huge misperceptions by the kids of the upper middle/upper class in America fuel bad economic policies and keep us from grappling with our real conditions
The Creative Destruction of Sears
Most people especially the media have bought into a certain narrative: that Sears and Kmart failed to keep up with the times and now they are paying the consequences.
And the Nobel for Economics Goes To…
The Nobel for Economics explains a UBI would have to pay out somewhere north of $15K before we’d see a negative impact on the labor force
September Jobs Report: It’s the Virus, Stupid
September’s job report saw 194,000 jobs added. Forecasts expected about half a million. It was a miss many saw coming…
Mystical, Magical Blue Collar Labor
There is no mystical, magical thing to blue collar labor, just a shortage of people willing or encouraged to do it.
Why The US Has More Job Openings Than Ever Before
Governmental, managerial, operational, economic, and most importantly entrepreneurial reasons are what has fueled record job openings
Untenable Situation: More Legal Wrangling Over The CDC’s Latest Eviction Moratorium
In what is sure to be a middle step in the court fights over eviction moratorium, a panel of federal judges has let the latest version stand, for now.
Infrastructure Bill Renews Cryptocurrency Regulation Debate
The infrastructure bill currently being debated in the US Senate has renewed the fight over how government should regulate cryptocurrency.
Marketing is Everything and Everything is Marketing
Marketing is a discourse that is rarely done well, largely due to small-minded people who think marketing is glorified brainwashing
Money For Nothing: Inflation Is Not Free
There is a point where deficit spending has negative effects, inflation being the most obvious example. You can’t run up debt forever
