Tag Archives: Economy

Got Work? College Grads Driving Cabs?

Grads at University of Pennsylvania commencement ceremonies May 18, 2009. Fewer than 20 percent of new graduates have landed work, compared to 50 percent two years ago. Photo by Matt Rourke / AP. The problem with higher education is that … Continue reading

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Roger Baker : The Zombie Bank Syndrome

Zombie banker. Image from Mother Jones.Dead Banks Walking. . . Except for the bankers and the Obama administration, the prevailing reaction of many prominent economists is not one of optimism. By Roger Baker / The Rag Blog / May 8, … Continue reading

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Eschenbach: The Root Cause of the Economic Crisis: Selfishness Was In, Selflessness Was Out

The Death of Voodoo EconomicsBy Sid Eschenbach / The Rag Blog / March 12, 2009 While it’s interesting, almost unavoidable and improbably instructive to play a ‘blame game’ regarding who is responsible for our collective demise, my own view is … Continue reading

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We Had to Do it…

Political cartoon by Joshua Brown / Historians Against the War / The Rag Blog Thanks to Dr. S. R. Keister / The Rag Blog

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Philosophy and the Economy : View from Berlin

Front Page of the German daily newspaper Die Tageszeitung (TAZ) from Dec. 3, 2008. Photo by David MacBryde / The Rag Blog.Decisions, decisions, decisions… and the common good.By David MacBryde / The Rag Blog / February 3, 2009 BERLIN — … Continue reading

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Loving: She’ll Be Comin’ ‘Round the Mountain

Cartoon by Charlie Loving / The Rag Blog

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Fixing the Economy : A Comprehensive Plan from Progressive Economists

We deny that there is any conflict between the need to get the economy moving again by creating jobs, and the long term goals of green technologies, national health insurance, and a fairer distribution of income. In fact, higher wages … Continue reading

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Feeling a Little Depressed? So Does the Economy.

Block print by Frans Masereel.‘The discretionary spending sector appears to be in freefall — as the economy restructures itself at a lower level around consumer necessities like food and energy. This is global.’By Roger Baker / The Rag Blog / … Continue reading

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2009 and the Economy : Not So Good

‘It is getting awful damn hard to be optimistic about the US economy these days. If the problem can be fixed at all, it will probably really require an unprecedented degree of global cooperation.’By Roger Baker / The Rag Blog … Continue reading

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The Dynamics of a Deflationary Spiral

Goody’s Family Clothing appears to be the first retail casualty of a tough holiday season. Above, a store in Knoxville, Tenn., in 2005 during better times. Photo by AP. One problem in engineering an eventual recovery is that so much … Continue reading

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Lame Duck Dubya’s Belated Bailout

President Bush pauses during a statement on the auto industry at the White House on Friday, December 19, 2008 in Washington. Photo by Evan Vucci / AP.‘It looks like the feds are going to end up owning and supporting a … Continue reading

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Our Economic Trainwreck : Retooling the Engine

The Wrecked Economy: What Could Be Tried?By Sherman DeBrosse / The Rag Blog / December 18, 2008 [This is the final installment in a three-part series on the economy by The Rag Blog’s Sherman DeBrosse.] A new approach to the … Continue reading

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