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External Shock Happens

The Calculated Risk blog takes a survey of all the bad news that could hit the economy, in Crisis Fatigue? Make a list, (click through for details, etc.) • Risks from the earthquake in Japan. • Higher oil prices and a possible supply shock. • U.S. Housing Crisis. •...

Shock Happens II

Earlier today I wrote that External Shock Happens, and "we should be shoring up our public structures, our infrastructure, our protections and empowerments. That is what government is and what it does, and we need it." I just came across a post, Black Swans, 100 Year...

American Jobs Made Here

You wouldn't know it from looking around you but this country has grown much richer over last 30 years. We have a vastly higher GDP, higher average income, much more wealth... But American workers haven’t shared in it. It is all captured by a few billionaires and...

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