The Economy Archives

Guild Wars 2 Leveling SOURCE: Flickr/Illinois Springfield Cross-posted from Campus Progress By now, just about everyone knows how far reaching the impact of student debt is. A recent report from Pew found that it now affects 1 in 5 households, but what doesn’t get as reported on as frequently is it’s disproportionate impact on borrowers Read More

“Practical men, who believe themselves to be quite exempt from any intellectual influences, are usually the slaves of some defunct economist.”  -John Maynard Keynes In The Myth of the Rational Market, Justin Fox, the “Curious Capitalist” columnist for Time,  traces the lineage of the efficient market hypothesis,  a school of thought backed by the economic powerhouse 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

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

So where do we go from here? President Obama has been portrayed as a monkey, witch doctor, various types of pimps and now The Joker. Certainly, there’s more variations on this general theme. But I really want to know, what’s the endgame? Is this supposed to advance some principled political opposition? Or merely “to get their country back”?: As always Read More

My Monday morning was bound to be something of a disappointment; after all, I was in an unusually good mood for most of this weekend and it’s pretty difficult to sustain that kind of high into the work week.  Of course, I probably didn’t do myself any favors by starting my day with another poorly reasoned Read More

If this post from Thomas Lifton passes for true American Thought, then we’re all doomed: “I think this photo constitutes another major Obama blunder. As some AT commentators point out, this picture becomes a metaphor for ObamaCare.” A former colleague once told me, “Blackink, don’t argue with logic. Because logic will argue with you.” Truer Read More

Because of technical difficulties and an unusually busy work day, this almost became Your Tuesday Random-Ass Roundup. Sorry I’m late again. Your PostBourgie-approved weekend reading material: First things first, Stacia, one of our co-bloggers, is writing a novel and posting a chapter a day at her personal blog. What is this space for, if not Read More