The Slack Wire

In response to the last post , commenter 5371 asks, " An anti-managerial counterrevolution which the managers themselves ended up lead...

Blogging's been light here lately. Sorry. In the meantime, you should read this : if you combine net equity offerings—which, given the ...

... because I want to vote for this guy : François Hollande, the leading challenger for the French presidency, has described the banking...

Sorry, no, it's not about Lacan. For a while, I've tried to avoid the common economic usage of calling the change in an observed v...

Does anybody else remember  that Kurt Vonnegut story "Harrison Bergeron" ? (It's an early one; he reused the conceit, I think,...

There sure are a lot of ways to not say aggregate demand. Here's the estimable Joseph Stiglitz, not saying aggregate demand in Vanity ...

What's wrong in Europe? Krugman is saying, again, that it's the inability to adjust exchange rates. He quotes Kevin O'Rourke: ...

In comments, Arin says , my view of the world is that there were (at least) two distinct phases ... First was the emergence of a market...

For a great example of what I've been talking about , check out this Dealbreaker post on how Netflix spent the past two years buying ...

1. Are Banks Necessary? Ashwin at Macroeconomic Resilience had a very interesting post last month arguing that the fundamental function ...