Society

Marshall Auerback e-mailed "I'm having another Howard Beale moment" and sent a link to this wonderful piece of 1970s cinema as a visual. Enjoy.   P.S. - Are they yelling in Atlanta? Source: Network (1976) – Internet…

On the role of the state What is the role of the state? | Martin Wolf's Exchange | FT.com oftwominds: The Overlapping Crises of Neoliberal Global Capitalism Both Martin Wolf and Charles Hugh Smith have good essays on government.…

Well, this is certainly not the first time I have had cause to complain about the quality of the journalism and economic reporting served up over at the Economist, and I’m damn sure it won’t be the last. But this latest example of shoddy (I…

Is this xenophobia? Video - Jan Brewer: Most illegal immigrants are 'drug mules' - CNN.com Bias and Bigotry in Academia « Patrick J. Buchanan Losing White America « Patrick J. Buchanan Bob Herbert - Long-Term Economic Pain for…

More On Race and Politics -  My take: when the chips are down, people look for someone or something to blame.  For a good example of how xenophobia increases during economic hardship, see my post Mexican Repatriation: The Great…

A personal note of reflection from Mike Farrell, CEO of Annaly Capital Management. It had been a long time between vacations. Credit crunch, lending implosion, sovereign credits going into default, currency devaluations, government…

As Croatia enters the final stage of its EU membership talks, it is perhaps a fitting moment to review the other half of the picture, namely where the Croatian economy finds itself, and what the outlook might be for a continuing convergence…

Great video detailing explanations for why the financial crisis happened. Big hat tip to the Pragmatic Capitalist. I like this first aspect of the video and I LOVE the drawings. Very cool. Of course, you know that you're going to get…

During the Great Depression, immigrants were often seen as a problem more than a solution because of high unemployment. Between 1929 and 1939, an estimated 500,000 Mexicans voluntarily or involuntarily emigrated from the US back to Mexico.…

This is a post on demographics inspired by a conversation I had earlier today. Detroit was, in its heyday just after World War II, when the US auto industry was literally firing on all cylinders, the fourth largest in the U.S., Its…