Today’s NYT discusses some of the parts of Geithner’s new regulatory plan, including this paragraph from the article:
If regulators decided that a company had become “too big to fail,” as was the case with A.I.G. in September, they would subject it to much stricter capital requirements than smaller rivals and much closer scrutiny of its [...]
Also tagged Brooklyn Posse, federal government, finance, policy, regulations, trustbusting, trustsFor reasons I can’t figure out, Brandeis University is in such dire financial straights that the university has decided to sell its famed art collection housed in the Rose Art Museum.
The university is taking the line that its core mission is to educate its students, but isn’t artwork a learning tool and resource? And is [...]
Money velocity. Wow. I can’t believe I just learned about this, and I suspect that political scientists and political economists are–once again–way off in their data choices. Several of my own past projects would benefit from redoing the analysis with money velocity rather than GNP, etc.
Also tagged data, finance, money velocity, political science, Social Science, The Big PictureYes, we’re in a recession. And it’s going to get a whole lot worse.
But the main reason I post is to send readers through the Internets to a Grace Undressed-a well-written and in-depth blog by a stripper, which I came across probably via BoingBoing-post on how strippers are massively crunched in the current economic situation. [...]
Most bastions of good journalism have taken a terrible fall during the past ten years, especially The Economist. But the fall has never been so well illustrated with this quote from one of the Home Truths leader in the May 10, 2008 issue of The Economist that argues Congress should bail out “homeowners” who face [...]
Also tagged finance, mortgage crisis, The EconomistI am catching up on last week’s Economist and came across a small article on Blue Nile, an online middle-man for jewelry sales (mostly engagement rings). I remember when Blue Nile launched in the late 1990s for a couple reasons, including the fact that it was crazy you could buy high-end jewelry online. Yes, I [...]
Also tagged Blue Nile, Economist, fashion, Internet, TechScience 2.0 sounds a whole lot like epidemiology, political science, sociology, and–egad!–anthropology. *eye roll*
Also tagged 2.0, anthropology, criticism, epidemiology, political science, Science (journal), sociology, WiredThe New Yorker has a great article about a study done that identifies the lack of copyrights and patents in the fashion industry as a major source of the industry’s continued success. The article is definitely a good read, although I do not know why the author is so stubborn (at the end) in thinking [...]
Also tagged culture, fashion, intellectual property, The New YorkerGiven the Recording Industry Association of America’s (RIAA) screaming sensationalism of piracy’s effect on sales, it’s surprising how little noise the latest Neilsen SoundScan sales figures, especially those related to rap/hip-hop, generated. It is also interesting that while rap/hip hop sales are plummeting countrywide, the local scene is growing so strongly.
SoundScan’s year-over-year report revealed a [...]
The lack of fiscal responsibility on the part of those living in the United States is not news. Whether it is the total lack of savings (the current rate of personal savings of disposable income is negative and has been strongly declining for many years) or credit card debt, as a whole we have a [...]
Also tagged credit, finance, US economy