Turning points, trade and overpaid bankers

Does GDI reflect a recesssion’s turning point better than GDP? When is best to liberalize trade? And has the finance sector been gobbling up society’s talent and wages? Some recommended reading from around the web and around the world

The Pelosi scare-graph revisited: Private sector job losses and camel recessions

As some of you may know, Nancy Pelosi has been scaring people with graphs, recently. By her metric, namely the absolute numbers of jobs lost, the current recession is more severe – and faster – than the last couple of regressions. Naturally, something that high profile gained a lot of attention and ultimately modification. The [...]

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