MetaFilter posts tagged with economy and economics

Solidarity Economics.

lunit — Sat, 02 Jan 2010 14:23:39 -0800

Solidarity Economics. (pdf) Strategies for Building New Economies From the Bottom-Up and the Inside-Out. See also: Other Economies Are Possible.

Building repairs must make up something like 90% of the economy in comic book universes

dersins — Thu, 28 May 2009 09:03:39 -0800

Ecocomics: Where Graphic Art Meets Dismal Science. With such entries as "Superman, New Krypton, and Labor Unions" and "The Construction Industry in Comics."

The guy who called it

valkyryn — Thu, 16 Apr 2009 07:48:45 -0800

[MLYT] Peter Schiff gives a talk to the Western Regional Mortgage Bankers Association, describing exactly the ongoing economic meltdown. (Part 1, 2, 3, 4, 5, 6, 7, 8). The catch? The talk was given in 2006. Listening to his bullish counterpart in parts 6-8 is a real scream. Previously.

What the FEC couldn't figure out

shii — Fri, 20 Mar 2009 23:16:04 -0800

Matt Taibbifilter: Among other things, the GAO report noted that the entire OTS had only one insurance specialist on staff — and this despite the fact that it was the primary regulator for the world's largest insurer! This week's MeFi stories have generally failed to explain the reasoning that caused the recession, even though Jon Stewart was basically on the mark. Now, Rolling Stone's only reporter lays it all out The Big Takeover, a typical combination of zealous snark and the overlooked, damning facts needed to clear up a ridiculously complicated story.

What is 10 or 20 Trillion US dollars between friends?

gen — Fri, 05 Dec 2008 10:44:25 -0800

Nassim Nicholas Taleb, author of the award-winning book The Black Swan, (previously), was interviewed recently by Charlie Rose: A conversation about economics with Nassim Taleb (as well as Time Magazine.) Taleb is more pessimistic than Nouriel Roubini, (previously, previously) who thinks that the total sum for this current global meltdown may be somewhere between 10-20 Trillion US dollars.

Tanta Vive!

mullacc — Mon, 01 Dec 2008 15:12:53 -0800

The Compleat ÜberNerd: a fascinating series of blog entries detailing the nitty-gritty behind the mortgage industry by Calculated Risk's "Tanta." If you're curious about automated underwriting systems or the ins and outs of mortgage servicing or if you just enjoy some Mortgage Pig Excel art, Tanta was the blogger for you. Tanta, otherwise known as Doris Dungey, passed away on Sunday morning (NYT obit, CR obit).

Andrew Lahde's goodbye letter

finite — Fri, 17 Oct 2008 15:44:01 -0800

Retiring hedge fund manager Andrew Lahde: "All of this behavior supporting the Aristocracy, only ended up making it easier for me to find people stupid enough to take the other side of my trades. God bless America."

Mackerel Economics in Prison Leads to Appreciation for Oily Fillets - Wall Street Journal

East Manitoba Regional Junior Kabaddi Champion '94 — Thu, 02 Oct 2008 14:01:03 -0800

As dollar flounders, inmates stack mackerel

Queue for the soup kitchen may start here

ClanvidHorse — Mon, 25 Feb 2008 13:03:16 -0800

"What we are now seeing is the break up of Bretton Woods mark 2." The Guardian's economics editor, Larry Elliot, on growing fears of a global depression. [single link op-ed alert]

The Myth of the Rational Voter

stammer — Fri, 01 Jun 2007 21:52:16 -0800

Why are American voters reluctant to support free market policies when professional economists have achieved near-consensus? Bryan Caplan of the Cato Institute investigates. (pdf)

Mind the gap. Wait, nevermind.

peeedro — Fri, 30 Mar 2007 19:34:38 -0800

Income inequality continues to rise. Or maybe not.

Professors Emmanuel Saez and Thomas Piketty and the Cato Institute's Alan Reynolds debate on how to measure[PDF] income inequality. Despite the ongoing debate, President Bush has decided, "The fact is that income inequality is real; it's been rising for more than 25 years."

Economic States

wendell — Tue, 16 Jan 2007 11:59:00 -0800

California = France? Norwegian bløgger Carl Størmer (via THE BIG PICTURE) made a U.S. map substituting the state names for other countries of equivalent GDP. Some of the substitutions are funny: Illinois = Mexico? Texas = Canada? New Jersey = Russia? Hawaii = Nigeria? Oregon = Israel? But your economic mileage will vary: apparently California no longer has the "sixth-largest economy in the world", no matter what The Governator says. Wikipedia chimes in, while some Californians don't want to be bothered with facts.

Virtual Economies

MetaMonkey — Sat, 21 Oct 2006 09:13:09 -0800

As virtual worlds economic activity and populations grow, the importance of Real Money Trade comes to the fore. When does fraud inside game worlds become illegal? when do earnings from online worlds become taxable? [discussion], and what happens when real day traders get interested? [more inside]

What do you mean I can't pay my rent with this?

loquacious — Fri, 06 Oct 2006 20:18:31 -0800

The Bitchun Society is now open for all of your Whuffie-market needs. Or cynical mocking, take your pick. Via (of course) BoingBoing. Can a brother get a ping? Confused?

Framing the Economic Debate

Kwantsar — Fri, 08 Oct 2004 12:49:43 -0800

Framing the Economic Debate. If you read Metafilter, you've no doubt seen a few links criticizing Bush's handling of the economy. The unabashed partisans at the Heritage Foundation have put together a document from which many of Bush's talking points about the economy (tonight, and throughout the campaign) are likely to come.

bakesales! lemonade stands!

luser — Fri, 10 Sep 2004 09:21:46 -0800

Dick Cheney claims that disappointing jobs numbers are undercounting ebay power sellers. The man is on a tear!

The phrase ''Banana Republican'' comes to mind

y2karl — Thu, 08 Jan 2004 11:20:26 -0800

I.M.F. Report Says U.S. Deficits Threaten World Economy
With its rising budget deficit and ballooning trade imbalance, the United States is running up a foreign debt of such record-breaking proportions that it threatens the financial stability of the global economy, according to a report released Wednesday by the International Monetary Fund. Prepared by a team of I.M.F. economists, the report sounded a loud alarm about the shaky fiscal foundation of the United States, questioning the wisdom of the Bush administration's tax cuts and warning that large budget deficits pose "significant risks" not just for the United States but for the rest of the world. The report warns that the United States' net financial obligations to the rest of the world could be equal to 40 percent of its total economy within a few years--"an unprecedented level of external debt for a large industrial country," according to the fund, that could play havoc with the value of the dollar and international exchange rates.
From The Brookings Institute: Sustained Budget Deficits: Longer-Run U.S. Economic Performance and the Risk of Financial and Fiscal Disarray (Full Report PDF)

Conservation economy

homunculus — Sun, 07 Dec 2003 17:05:58 -0800

A pattern map for a conservation economy [Flash.] "The pattern map offers a visual guide to the sustainability patterns that provide a framework for developing a conservation economy." [Via WorldChanging.]

WalmartFilter

alms — Wed, 15 Oct 2003 14:31:41 -0800

WalmartFilter: "Wal-Mart controls a large and rapidly increasing share of the business done by most every major U.S. consumer-products company: 28% of Dial total sales, 24% of Del Monte Foods, 23% of Clorox, 23% of Revlon... Wal-Mart plans to open 1,000 more supercenters in the U.S. alone over the next five years.. giving it control over 35% of U.S. food sales and 25% of drugstore sales...The $12 billion worth of Chinese goods Wal-Mart bought in 2002 represented 10% of all U.S. imports from China." Setting aside questions of monopoly, isn't this a potentially dangerous monoculture?

grieder article on deflation

thedailygrowl — Fri, 20 Jun 2003 12:35:19 -0800

Deflation Nation "This legacy of accumulated excesses lies across the American economy like a heavy wet blanket"

Bond Funds and the Liquidity Trap

alms — Tue, 20 May 2003 05:59:55 -0800

Interest rates are so low that you lose money buying bond funds. A preview of the liquidity trap?

bread hours

bureaustyle — Sat, 15 Mar 2003 13:14:54 -0800

http://www.Breadhours.org A group of over 300 residents and merchants in California’s Bay Area has established a local currency called BREAD (a rough acronym for Bay Area Regional Exchange and Development), based on hours of work valued at $12 an hour. Through the BREAD network, which now has over $20,000 worth of currency in circulation, members can pay for dinner, carpentry, childcare, tutoring, clerical assistance or organic produce. Tired of traditional activism, founder Miyoko Sakashita wanted to create a positive local economy and “stop our resources from supporting global corporations that are not accountable to people and the environment.” Check it out at Breadhours.org

Forecast: Fun!

Ufez Jones — Fri, 28 Feb 2003 10:45:53 -0800

Play the classic lemonade stand game. (jave req'd). Or, for more grown-up fun, play BeerStand (no java req'd).

Bush Cited Non-Existent eport

orange swan — Mon, 24 Feb 2003 07:19:15 -0800

Bush Cited Non-Existent eport There was only one problem with President George W. Bush's claim Thursday that the nation's top economists forecast substantial economic growth if Congress passed the president's tax cut: The forecast with that conclusion doesn't exist.

Tax Cuts

Ron — Mon, 06 Jan 2003 11:26:53 -0800

How Bush's economic stimulus proposal may affect you. An easy to understand explanation of what we might expect from Bush's tax cut proposal to be announced on Tuesday.