April 15th is the deadline for many graduate and undergraduate programs. For those contemplating graduate school, some important insights:
Archive for April 15th, 2010
Contemplating Grad School
Posted in Uncategorized, tagged Comics on April 15, 2010 | 1 Comment »
Stiglitz’s “New Agenda”: Economics Still As a Science
Posted in Uncategorized, tagged Economic Crisis, economics as science on April 15, 2010 | 3 Comments »
As this Newsweek article points out, the INET conference challenged much of the previously accepted wisdom in mainstream economics: Again and again, in different ways, the most perspicacious observers at the Cambridge conference drove this point home: rational models don’t work because there are too many unknowns to justify them. There is no real equilibrium [...]
Profits and Unemployment
Posted in Uncategorized, tagged Corporations, Economic Crisis, Labor on April 15, 2010 | 51 Comments »
Capitalism is doing what it does best- exploitation. Via Ezra Klein, Annie Lowrey has the only two stats you really need to know: 1. Fortune 500 companies tripled their profits to $391 billion in 2009. 2. They also slashed their payrolls by more than 800,000 jobs. Why? Because they can.
