Economics Archives

Cross-posted from TAPPED. Bloggers and columnists, in the flurry of predictions that come at the start of any new year, are wondering how we’ll consume media in 2010. What will be the new Twitter? Will any of it will be enough to save old media outlets? These questions are important, but it’s worth remembering that Read More

I’m a big fan of raising teacher pay to a level that is competitive with other professions; I think you’d get a much wider pool of applicants than you currently get and give the profession an injection of much-needed cache. But that idea is understandably unpalatable given the current way teacher tenure currently works: Here Read More

From Leigh: 1% of Americans are millionaires, compared to 44% of Congress (237 elected officials, to be exact). The median income in the Senate is just under $2M, in the House it’s just over $600k. Median household income in the US is $50,303. Just because an individual is rich does not preclude them from pursuing Read More

Like cool visualizations? Like information? (Of course you do, you’re here, aren’t you?) Want to wile away a few hours? A co-worker sent me a link to this chart he saw on The Big Picture. It’s spending in billions (adjusted for today’s dollars) on random stuff color-coded by “spending, earning, giving, fighting, losing, and illin’.” Read More

Up until last fall, I lived in Bed-Stuy, and the only supermarket near me was so far away that I would just do my food-shopping on the way back from my gym — which happens to be in a completely different neighborhood.  The bodegas on either end of the block where I lived only sold Read More

Today in my office, a pimp and his prostitute came looking for advice on where to score some blow and advice on how to fill out their W-2s. When I told them what they could do, they accused me of encouraging them to engage in public masturbation. I hope Beck and Co. don’t get hold Read More

Believe it or not, I’ve been known to be a jackass. Ask anyone who had the misfortune of knowing me in college. Or a couple years ago. I really hope President Obama isn’t asked about it anytime soon: Anyway, lots of things have happened since our last Monday roundup. Here’s a few of them, a Read More

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