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Economics

Copenhagen and the Commons

Jamil Zaki | Posted 12.29.2009 | Business

Read More: Copenhagen Climate Talks, Tragedy of the Commons, Developing Countries, Cooperation, Public Good, Economics, Altruism, Selfishness, Climate Change, Psychology, Global Warming, Business News
Jamil Zaki

Informed, committed nations working together should be able to tap into people's common goal to stave off the effects of climate change, but the leaders at Copenhagen neglected some simple rules for creating such cooperation.

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How Effective Will Stimulus Be in Getting This Economy Moving?

Edward Harrison | Posted 12.24.2009 | Business

Read More: Government, Economic Recovery, Economic Stimulus, Credit Crisis, Libertarians, Economics, Economic Depression, Crony Capitalism, Crisis Solutions, Business News
Edward Harrison

Does fiscal or monetary stimulus work?

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Invest In Child Care, Invest In The Future

Daniel Heimpel | Posted 12.24.2009 | Living

Read More: Child Welfare, California, Economics, Children, Budget, Fostering-Connections-to-Success-and-Increasing-Adoptions-Act, Karen Bass, Daniel Heimpel, Foster Care, Congressional Budget Office, Family, Economy, Living News
Daniel Heimpel

Shortsighted budgeting has befallen most public entitlements, including foster care. This despite years of research that has consistently shown that investing in children is met with positive returns.

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AIG: We Shall Know the Truth

Jim Wallis | Posted 12.21.2009 | Business

Read More: Democracy, Economics, Jesus, Economic Crisis, Economy, Derivatives, Regulation, Business, Taxpayers, Economic, America, Government, American Insurance Group, Wall Street, Federal Government, Attorney General, Foreclosures, Financial Crisis, Morality, Business News
Jim Wallis

Before any deals are made to end government (read: taxpayer) control of AIG, we should demand answers to questions such as: Who knew what, and when? Who benefited, and by exactly how much?

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Do American Taxpayers Receive Dividends on Repaid TARP Funds?

Ben Arnon | Posted 12.21.2009 | Business

Read More: Tarp, TARP Repayments, TARP Money, Usaa, Federal Bailouts, U.S. Economy, U.S. Government, Economics, Money, Economy, Federal Government, Health Care Reform, Health Care, American Taxpayer, Business News
Ben Arnon

I diligently followed the TARP debate and happenings early on. However, at this point there have been so many versions, revisions, and debates about the TARP program that I have lost track.

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Why Public Health Care is Better than Private Health Care

Hale "Bonddad" Stewart | Posted 12.17.2009 | Politics

Read More: Health Care Reform, Public Health Care, Private Health Care, Economics, Private Health, Health Care, Politics News
Hale

While I will almost always advocate for a market based economic approach to allocating resources, health care is not an area where the profit motive should dominate decision making.

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Economists are Irrational!

Dr. Jim Taylor | Posted 12.16.2009 | Business

Read More: Mit, Invisible Hand, John Maynard Keynes, Milton Friedman, Economics, Berkeley, University of Chicago, Princeton, Behavioral Economics, Paul Krugman, Free Market, Adam Smith, Business News
Dr. Jim Taylor

Given what has happened to our economy in the last decade, it's hard to believe that any of the "freshwater," "efficient market" economists still have jobs, much less, credibility in how the economy actually works.

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Paul Samuelson, Nobel Prize-Winning Economist, Dies At 94

AP | POLLY ANDERSON | Posted 12.13.2009 | Business

Read More: Paul Samuelson, Paul Samuelson Obituary, Paul Samuelson Obit, Economics, Paul Samuelson Dead, Nobel Prize in Economics, Economist, Nobel Prize, Massachusetss Institute of Technology, Mit, Paul A. Samuelson, Business News

NEW YORK — Economist Paul Samuelson, who won a Nobel prize for his effort to bring mathematical analysis into economics, helped shape tax policy...

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Joy To The World: Good-Bye Bing Crosby, Hello Bob Dylan

Derek Shearer | Posted 12.08.2009 | Books

Read More: World Politics, Detective Fiction, Obama, Economics, Bob Dylan, Holiday Gifts, Books News
Derek Shearer

It's true that I mainly give books as holiday gifts. It's my nature. Here my favorite books of 2009. Holiday Greetings to one and all from the Ambassadude.

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The Poetic Narrative Of Our Times

David Whyte | Posted 12.03.2009 | Living

Read More: Poetry, The Inner Life, Ecology, Relationships, Economics, Poet, Nature, David-Whyte, Ireland, Obama, Thomas Friedman, The World Is Flat, Spirituality, Poem, Human Nature, Living News
David Whyte

It is the task of poetry to bring our eyes to bear on the heart breaking nature of our disappearances, which are unavoidable no matter our economic standing or our education.

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Progressive Hope

Mike Lux | Posted 11.25.2009 | Politics

Read More: Financial Crisis, Thanksgiving, Jobs, Albert Camus, Civil Rights Movement, Economics, Hope, Politics News
Mike Lux

Through decades of violence, derision, arrests, intimidation, our progressive ancestors never gave into despair and defeatism. We should take their example to heart.

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More Pain For You And Me: The Economy's About To Stumble

Andrew Reinbach | Posted 11.24.2009 | Business

Read More: Banks, Economic Recovery, Foreclosure, Commercial Real Estate, Economics, Recession, Economy, Business News
Andrew Reinbach

Since the likelihood of more federal stimulus packages is low -- unless they're called something like a "jobs bill" -- this will mean more pain and an even slower economy.

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The End of Poverty at Home? Part I

Wayne Trujillo | Posted 11.16.2009 | Denver

Read More: Natural Resources, Poverty, Economics, Denver News, End of Poverty, Governor Dick Lamm, Philippe Diaz, Jim Gilchrist, Sustainability, Immigration, Documentaries, Denver News
Wayne Trujillo

Limiting immigration to the U.S. isn't going to solve the economic circumstances that surround it. Nor will containing immigration replenish or sustain the world's limited and vanishing resources.

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Wanted: Free-Market Mouthpieces

Rob Warmowski | Posted 11.17.2009 | Politics

Read More: US Economy, Heritage Foundation, Free Market Capitalism, Economics, Laissez-Faire, Public Relations, Economic Crisis, Free Market, Washington D.C., United States, Op-Ed, Newspaper Op-Eds, Business, Politics News
Rob Warmowski

For my entire adult life, I have watched free-market fundamentalists do their thing. They demonize government, run for government, capture government, then dismantle and privatize government.

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Baseball's First Economist: Remembering Gerald Scully

J.C. Bradbury | Posted 11.13.2009 | Sports

Read More: Gerald Scully, Baseball, Reserve Clause, Economics, Sports News
J.C. Bradbury

While it is hard to sympathize with millionaire players, it is important to understand that what players don't get goes to the owners, who are a much wealthier cohort.

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The Danger of Backsliding

Mike Lux | Posted 11.13.2009 | Politics

Read More: Taxes, David Sirota, Offshoring, Economics, Investment, Enron, Sarbanes-Oxley, Politics News
Mike Lux

In a political system like ours dominated by big money and the lobbyists that money hires, democracy requires eternal vigilance, even in years when Democrats control of Congress and the White House.

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7 Great Books By Economists

Huffington Post | Jessie Kunhardt | Posted 11.13.2009 | Books

Read More: Adam Smith, Economics, Milton Friedman, Amartya Sen, Money, Books, Economics Books, Making Globalization Work, Slidepoll, Globalization, Stiglitz, Obama, Capitalism, Books by Economists, The Next Stage, The Wealth of Nations, Economic Policy, Keynes, Galbraith, Economists, Paul Krugman, Peddling Prosperity, Books News

There's a major panel discussion going on today in Washington, D.C. called "The Next Stage," in which economists are coming together to discuss the pr...

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Warren Buffett and the Business of Life: Part 3 of 7

Alice Schroeder | Posted 11.12.2009 | Books

Read More: Berkshire Hathaway, Excerpt, Economics, Stock Market, Economic Crisis, Business News, Warren Buffett, The Snowball, Books, Alice Schroeder, Business, Books News, Financial Crisis, Books News
Alice Schroeder

Buffett had indeed learned through experience that "when in doubt keep holding"; he said, "I've made most of my money sitting on my ass."

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World Renowned Investor Jim Rogers: Gold Will Go to $2,000 an Ounce

Damien Hoffman | Posted 11.10.2009 | Business

Read More: Oil, Gold, Economics, Jim Rogers, FInancial Markets, Economy, Business News
Damien Hoffman

Jim Rogers is one of the most respected investors in the world. Here's my recent interview with him about the economy and some of his recent comments in the media.

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Warren Buffett and the Business of Life: Part 2 of 7

Alice Schroeder | Posted 11.05.2009 | Books

Read More: Berkshire Hathaway, Excerpt, Economics, Books, Stock Market, Economic Crisis, Business News, Warren Buffett, Financial Crisis, The Snowball, Alice Schroeder, Business, Books News
Alice Schroeder

Buffett would always love reading newspapers, but his investing was tightly focused on simple businesses that were as close to immortal as possible. Newspapers no longer qualified.

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When Political Ideas Have Costs

Scott de Marchi | Posted 11.03.2009 | Politics

Read More: Political Capital, Politics, Capitol Hill, Research, Economics, Decision-Making, Health Reform, Books, Fec, Politics News
Scott de Marchi

Talk and inaction are relatively cheap for US legislators, since their own health care plan will remain the same whether or not legislation passes. Political ideas need to have a cost.

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Warren Buffett and the Business of Life: Part 1 of 7

Alice Schroeder | Posted 10.29.2009 | Business

Read More: Excerpt, Book Excerpt, Economics, Books, Economic Crisis, Aig, Business, Eliot Spitzer, Berkshire Hathaway, Merrill Lynch, Wall Street, Gen Re Securities, Warren Buffett, Sec, The Snowball, Alice Schroeder, Business News
Alice Schroeder

Warren Buffett is never more himself than when he is given the chance to invest in something he wants at a price of his choosing.

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What is Work? America Re-Imagined at Pop Tech (Day 1)

Sharon Glassman | Posted 10.23.2009 | Local

Read More: Creativity, John Fetterman, Kurt Anderson, Poptech, Braddock Pennsylvania, Innovation, Predictably Irrational, Dan Ariely, Economics, Social Networking, Social Entrepreneurship, Local News
Sharon Glassman

While many of us believe that more money is a motivator, it's actually a stressor that inhibits performance.

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Ralph Anspach: Economist Spent Decades Fighting Monopoly Game's Corporate Owner

Wall Street Journal | MARY PILON | Posted 10.20.2009 | Home

Read More: Monopoly History, Economics, UC Berkeley, Monopoly, Origins, History of Monopoly, Ralph Anspach, Great Depression, Monopoly Game, Landlord's Game, Monopoly Board Game, Hasbro, Supreme Court, Elizabeth Magie, Economist, Professor Anspach, Parker Brothers, Home News

Ralph Anspach, an 83-year-old economics professor, spent decades locked in a real-life battle with Monopoly and its corporate owners. The campaign den...

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Why Ostrom's Nobel Is Even More Shocking Than Obama's

Randall Amster | Posted 10.14.2009 | Business

Read More: Resources, Tragedy of the Commons, Elinor Ostrom, Nobel Prize, Obama Nobel Peace Prize, Nuclear Weapons, Economics, Conflict, Cooperation, Resource Conflict, War, The Commons, Nobel Peace Prize, Socialism, Mutual Aid, Business News
Randall Amster

Make no mistake, despite the somewhat tame Nobel committee description, Ostrom's body of work is inherently radical, demonstrably anti-corporate, and implicitly socialistic.

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