Earning Less – Why The Poor Get Poorer

by Guest Author Lance Roberts of Streettalk Live Working harder – earning less. That is what today’s release of productivity and labor costs showed us. With that also comes the realization that a lot more people would be reciting the classic prose of Johnny Paycheck’s “Take This Job And Shove It” if they thought they …

Lost Decades

by Menzie Chinn, Econbrowser Here’s my 25 minute presentation of Lost Decades at the Rotary Club of Madison, on January 4th (as recorded by Wisconsin Eye) Powerpoint. One point I made was that the global financial crisis and ensuing recession have exacted a tremendous cost on the US economy. In the absence of more aggressive …