Monthly Archives: July 2012

Pushing the envelope of media fail

And good for Conan for doing this. Advertisements

Posted in Information and systems | Leave a comment

The transnational culture of finance

One of the most promising threads in economic sociology these days is the examination of the role of culture in shaping economic and social outcomes. I have to confess that I have always thought of culture in fairly local terms, … Continue reading

Posted in Finance and capital markets | Leave a comment

Missing the point

Robert Shiller’s latest (h/t Mark Thoma) piece for Project Syndicate has a promising first sentence but then proceeds to ignore the important premise it establishes: A speculative bubble is a social epidemic whose contagion is mediated by price movements. News … Continue reading

Posted in Finance and capital markets | Leave a comment

Someone had to say it

On Dec. 26, 1992, a year after the Soviet Union imploded and lurched to embrace American-style capitalism, the Economist editorialized about a “universal agreement that there was no serious alternative to free-market capitalism as the way to organize economic life.” … Continue reading

Posted in Politics | Leave a comment

Raising the retirement age is not a solution

In an earlier post on pensions, I noted that people calling for an increase in the retirement age have yet to address two considerations: Keeping the most senior employees in the workforce longer when there is already a shortage of … Continue reading

Posted in Labor, Pensions | Leave a comment

O Canadon’t

From an op-ed in this weekend’s Bloomberg, which begins promisingly: On July 1, Canada Day, Canadians awoke to a startling, if pleasant, piece of news: For the first time in recent history, the average Canadian is richer than the average … Continue reading

Posted in Education, Politics, Public finance | Leave a comment

The scorpion and the abuela, or the end of financialization

I’m heading out of town for the weekend so this will be a bit rushed, but the situation in Spain has me thinking that we need a new frame for understanding where we are both politically and economically. To be … Continue reading

Posted in Finance and capital markets, Public finance | Leave a comment