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Unemployment post-recession
This graph has been making the rounds (I got it from Barry Ritholtz’s). It shows the percentage change in unemployment (Y-axis) and the months since the official start of the recession. What’s...
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Unemployment rate
Pick your favorite, worst recession and compare with how we are doing now. There are even predictions that unemployment may reach 12%. Unemployment is always a relative thing but this chart looks at...
View ArticleWhat’s a Bailed-Out Banker Really Worth?
Fascinating article on what’s happened with the bankers bailout. One intriguing quote compares executive compensation to the average employee:: Over the last 50 years, the ratio of top pay to average...
View ArticleUnemployment — not if you caused the crisis!
So if you lost your firm billions of dollars, laid off tens of thousands and indirectly caused millions to lose their jobs and drove the unemployment rate to 10.3% well, the good news is it didn’t cost...
View ArticleWill Greece Get a Bailout?
From Matthew Yglesias » Will Greece Get a Bailout?: If the Greece moral hazard play winds up not working, then investors will start demanding higher interest payments from Ireland. And if they go down,...
View ArticlePurpose vs. Profit Motive
Daniel Pink has some surprising results about what motivates people. Mostly, if there’s any creativity, then more money doesn’t provide more motivation — and may even unmotivate. Doug Green has a...
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Unemployment won’t recover for 157 months (2021)
If we look at employment prior to the Great Recession compared to now there is a difference of 11.3 million jobs (from Bookings institute). Now how long is it going to take to return to that level? If...
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Wealth and Income Distribution
I keep having trouble getting my head around how wealth is distributed in America — or maybe just that I don’t seem to explain it well enough to other people. There’s an article, “Who Rules America:...
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Does it make sense to buy a house?
Here’s a great interactive graphic from Trulia.com that shows the ratio of renting to buying. The ratio is how many years of paying before you paid full price for an equivalent house. This data is...
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