Category Archives: Economics

The official story has finally come out. Computers really did try to bring down the free world. Almost. Back in May, the Dow Jones plummeted 5% in a matter of minutes. People freaked. The stock markets were frozen by their … Continue reading →

A few weeks ago, the Fed started scaling back its efforts to help end the recession under fears of inflation: Treasury Prices Up On Weak Consumer Data; Headed For Weekly Gain The Federal Reserve acknowledged the downside risks to the … Continue reading →

The financial world is all abuzz with the stock market’s performance yesterday. The Dow dropped 9% in a matter of minutes, and then climbed back 6% in just a few more minutes. No one really knows why yet. There’s rumors … Continue reading →

I saw this commercial today on TV and thought it was an interesting rhetorical move “A lot of Americans didn’t agree with giving GM a second chance” Aren’t we, as a culture, all for giving somebody a second chance when … Continue reading →

I got a request to do an entry on the Goldman Sachs “situation.” And I always listen to my fans, err, friends kind enough to read this regularly. Earlier today both the NYTimes and the Wall Street Journal have published … Continue reading →