Beggar Thy Neighbor, Y’all
Posted in Main Blog (All Posts) on December 18th, 2008 5:35 am by HL
Beggar Thy Neighbor, Y’all
It’s a good thing Alabama doesn’t have its own monetary policy. Otherwise it might be tempted to devalue its currency to boost exports. But it can still subsidize domestic industry, not least of all its plants of foreign auto companies….
SEC Chair Blasts “Multiple Failures Over At Least A Decade” On Madoff
We’ve been focusing lately on the growing signs of negligence by the SEC in the Bernie Madoff case. And now the commission itself has done the same. In an extraordinary admission of failure, SEC chairman Christopher Cox last night ordered…
Unions: An Effective Remedy for Insufficient Demand
Picking up on Paul’s question about why we didn’t go back into recession/depression after World War II (and following Randall’s point), I think unions did play a very important role. Strong unions are a great mechanism for ensuring that workers…
