Cartoon of the day

Special mention

That was the week that was

That was the week that was, It’s over let it go, Oh what a week that was That was the week that was!!!!!!!!! Ignoring that sage advice, here I go. . . Greg Smith left Goldman Sachs with the letter read ’round the world. Leadership used to be about ideas, setting an example and doing [...]

Kickin’ ‘em when they’re down

Today’s New York Times story about the decision on the part of the opponents of Indiana’s new “right to work” law to withdraw a request for a court order to block the measure (after the state announced it wouldn’t impose it retroactively) includes the following warning: Similar bills have been introduced recently in Maryland, Missouri, [...]

Protest of the day

Millions of workers, including members of the nation’s eleven largest trade unions, took to the streets across India yesterday in a nationwide strike.

Race to the bottom

The Indiana legislature has passed, and Gov. Mitch Daniels has signed, a new “right to work” law. This makes Indiana the twenty-third state (the first since Oklahoma did so just over a decade ago, and the first outside the South and West) to pass this kind of anti-union legislation. The race to the bottom continues.

I’m sure it wouldn’t interest anybody outside of a small circle of friends. . .

  It probably wouldn’t interest anybody outside of a small circle of friends. However. . . Inequality is currently being rationalized in three stages: 1. Rising inequality? What rise in inequality? 2. OK, inequality has been rising, but it doesn’t matter, because we have lots of social mobility. 3. OK, we don’t have lots of [...]

MLK Jr. on the “right to work”

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Cartoon of the day

Special mention

Boycotting economics in Chicago

The American Economic Association, which is meeting in a couple of day’s time for its annual conference in Chicago, has chosen to keep the Hyatt Regency as the conference headquarters. This means that Registration, the Exhibit Hall, the AEA/AFA and Nobel Laureate Luncheons, all AEA academic sessions and the academic sessions of many other Allied [...]

A gathering storm

There are signs of a gathering storm across the country and the world. . . Beginning in Indiana, where the Republican-dominated Legislature has promised to pass a right-to-work bill in 2012, against the opposition of Democratic politicians and the state’s labor unions. But also at the national level, where the middle-class faces a fundamental choice—to [...]