Archive for February, 2010
Why Not End Homelessness Now?
Here is the press release for the 13th annual Homelessness Marathon, an annual overnight radio broadcast on homelessness and poverty. It is a truly amazing program–especially the moving testimony from homeless folks who call in or show up at the broadcast site. We encourage you to tune in for at least part of it. You ...Read more.
Greenspan Wins Dynamite Prize
From the folks at the Real-World Economics Review (formerly the Post-Autistic Economics Review); they initially called this the “Ignoble Prize in Economics,” not knowing that that name had already been taken (much as they, ahem, kind of stole the name our textbook series–Real World Macro, Real World Micro–has had for more than twenty years, but ...Read more.
Wall Street's Bailout Hustle (Matt Taibbi)
Matt Taibbi’s latest at Rolling Stone; also check out a blog post by Taibbi in which he agrees with Bailout Nation author Barry Ritholtz that “we should have gone Swedish on their asses” (i.e. the U.S. gov’t should have temporarily nationalized the banks the way the Swedes did in the early 90s); and check out ...Read more.
Top Firms Cause $2.2 Trillion in Eco-Damage (UN)
From the Guardian; hat-tip to Larry P. World’s top firms cause $2.2tn of environmental damage, report estimates Report for the UN into the activities of the world’s 3,000 biggest companies estimates one-third of profits would be lost if firms were forced to pay for use, loss and damage of environment Juliette Jowit | Thursday 18 ...Read more.
Commercial Real Estate: 'Extend and Pretend'
I have been meaning to post this for a while–interesting post from the Financial Times’ Money Supply blog: Subprime 2.0 strategy: “Extend and pretend”February 11, 2010 5:06pmby Emma Saunders Between 2010 and 2014, $1,400bn US commercial real estate loans will reach the end of their terms. Nearly half of them are currently in negative equity—that ...Read more.
Vancouver Olympics–At What Price?
For good alternative Olympics coverage, check out a three-part radio series entitled The Winter Olympics Comes to the Northwest…But at What Price? on KBCS community radio in Bellevue, Wash. (Part of this was rebroadcast on Boston’s own Radio With a View this past Sunday–hat-tip to Mark and Dave for alerting us to this series. You ...Read more.
Kwak on Mankiw on the Deficit
From Baseline Scenario; hat-tip to LF. James Kwak and Simon Johnson have a new book, 13 Bankers: The Wall Street Takeover and the Next Financial Meltdown, which will be available on March 30th. Greg Mankiw on the Deficit By James Kwak Broken record alert: Another post on the deficit ahead. Wouldn’t you rather look at ...Read more.
What to Do About Housing Foreclosures?
Dollars & Sense and the Boston chapter of Democratic Socialists of America are co-sponsoring a forum on the housing foreclosure crisis, on Wednesday, March 3, 2010, in Boston. We hope to see our Boston-area friends and supporters there! Here are the details: We are facing a crisis of housing foreclosures in Massachusetts. In November 2009 ...Read more.
Rethinking Poverty today
United Nations University (UNU) Office at the United Nations in New York will present a book launch this afternoon to discuss issues raised in Rethinking Poverty: Report on the World Social Situation 2010, published by the United Nations Department of Economic and Social Affairs. If you’re in NYC, you’re invited to attend, from 3-4:30 p.m. ...Read more.
