China’s Ghost Cities

It’s Not Debtor’s Prison, It’s Contempt Of Court

Do American courts throw people in jail for failing to pay their debts? No, they don’t.

A 25 Year Recession?

Citizens United And The Foolish Attack On Corporate Personhood

A new set of proposed Constitutional Amendments reveals that many people still don’t understand what Citizens United was about.

Ads Pulled From Muslim-American Reality Show After Conservative Groups Complain

Conservative groups are upset because a new reality show depicts Muslim-Americans as, well, normal Americans.

Krugman’s Fear Mongering

Paul Krugman’s latest column, “Depression and Democracy,” is simply bizarre.

Death To Pennies

Does The Post Office Have A Future?

The Postal Service announced another round of service cutbacks today that are likely to just make the rapidity of its decline increase

Unemployment Rate Drops To 8.6% But Job Growth Remains Weak

Some good news in the November jobs report, but not very much of it.

Hank Paulson, The Bush Treasury Department, And Crony Capitalism

Guess who got advance warning of government actions on the eve of the 2008 financial crisis?

The Other Jobs Crisis

You’d think that in today’s world employers wouldn’t have trouble finding qualified employees. You’d be wrong.

Looking at the Causes of the Financial Crisis

Can we credibly blame the CRA, Fannie Mae/Freddie Mac, and the like for the mortgage crisis?

IQ and Income Inequality

Life, it turns out, isn’t fair.

Things Aren’t As Bad As You Think

Despite our rather obvious problems, we’re in great shape compared to the rest of the developed world and, especially, to even our fairly recent ancestors.

Eurozone Too Big To Save?

“The debt crisis is burrowing ever deeper, like a worm, and is now reaching Germany.”

Pizza And Politics

What If the ObamaCare Mandate Goes Away?

Will we wind up with a backdoor mandate? Or a single payer system?

America’s Hereditary Celebrity Class

Chelsea Clinton’s hiring as an NBC personality is another hit for the meritocracy myth.

US Capitol Rotunda US Capitol Rotunda

Jack Abramoff: Members Of Congress Engaged In Insider Trading

Congressmen apparently regularly make investment moves based on the information they learn. Of course, for them it isn’t illegal.

Republican Candidates To Europe: Drop Dead

Last night, most of the leading Republican candidates for President acted as if Europe was on another planet.

Cash For Clunkers Was A Boondoggle From The Start

It was clear from the start that “Cash For Clunkers” was a bad idea.

A “Christmas Tree Tax”? No, Just Good Old Crony Capitalism

Apparently, the Federal Government believes it necessary to remind you that you can buy Christmas Trees.

Why More Americans Don’t Major in Math and Science

A dwindling proportion of students are majoring in STEM fields. They’re likely making the wise choice.

Cash for Clunkers: Not Much

The popular program was even less successful than we initially thought.

Niall Ferguson: It’s the Stupid Economy

If you thought Niall Ferguson was an insufferable git in print, just wait

What Caused the Financial Crisis?

Barry Ritholtz lists a dozen causes of the financial crisis.

Federal Employees Make 26 Percent Less Than Private Sector Workers?!

Federal government workers make less than their private sector counterparts, a new study compiled by federal workers reveals.

Jon Corzine Reportedly Used Influence To Hold Off Investigation Of MF Global

When the CFTC wanted to change a rule, Jon Corzine used his influence to stop them.

Economy Adds A Mere 80,000 Jobs In October

Another month, another jobs report that makes you go “meh.”