Posts Tagged ‘John Miller’

The Depression, Brave New World, 1984

(1) Comparisons with the Great Depression: The cover story for our Jan/Feb Issue, which is just going to the printers (but will be available in full color to e-subscribers by Wednesday, possibly earlier), is about unemployment–in particular the claim, rampant in the media these days, that today’s unemployment is “structural,” and has to do with ...Read more.

Wages Up or Down?

(1) Possibly Irrelevant Image: Which  New York Times article are we to believe? (2) Bernanke Says Rising Wages Will Lift Spending, from yesterday’s New York Times (check out the goofy pic of Geithner): Federal Reserve Chairman Ben S. Bernanke said rising wages would probably spur household spending in the next few quarters, even as weak ...Read more.