Take this tour through some recent economic charts from the Federal Reserve to get a picture of how terrible our economy really is. Seriously, it’s staggering stuff.
Alexandra Reau is not yet old enough to drive, and just look: Lawn mowing and baby-sitting are standard summer jobs for the enterprising teenager. Alexandra Reau, who is 14, combines a little bit of each: last year, she asked her […]
Given those gruesome numers, why are we even arguing about whether or not to extend unemployment benefits? Via Scott Winship, who said looking at this chart made him “much more sympathetic” to the idea of extending unemployment benefits.
People like me, who chafe at the “no limits” ideology that characterizes contemporary America, rarely if ever think about what life would be like if we ceased to have economic growth. Well, Nate Hagens over at the Oil Drum has […]
I invite you to go into the comboxes in the latest PA wine thread, in which I’m arguing with commenter Andrew about the crazy Pennsylvania wine laws. The whole thread is worth reading, I think, for full context. Here’s something […]
Just look at this thing. It’s a vending machine for wine, now being tried out in Philadelphia. As regular readers and/or PA residents know, this state has a Soviet-style liquor-purchasing system in which you have to buy all wine from […]
Data suggest that the rich are different from you and me: Whether it is their residence, a second home or a house bought as an investment, the rich have stopped paying the mortgage at a rate that greatly exceeds the […]
In 2005, NYT columnist John Tierney bet a large sum of money with Houston oil guru Matt Simmons, on the future of peak oil. Tierney, a peak oil doubter, bet that the average price of a barrel of oil for […]
As I type this, a nation of basketball fans are watching an ESPN program devoted to where man-child LeBron James, who is extraordinarily gifted at throwing balls through elevated circles, will choose to work for the next few years, during […]
A Chicago mom who is a university teacher and regular Whole Foods shopper got confused trying to leave the store one day with kids in tow, and says she accidentally forgot to pay for a jar of vitamins — this, […]