Reading Bertrand Russell's "In Praise of Idleness," 78 years after publication.
On the Newsstand:unemployment
There is immense hope for today's generation, despite what all the critics say.
The unemployment rate may not be the best metric for measuring the economy's well-being.
Spain's failed economic strategy has several fundamental flaws.
Pinker’s treatment of crime in America made me more sympathetic to the police state.
Was the despised but ultimately profitable TARP program a success?
Paul Schied starts a discussion on what he sees as a stunningly impractical provision of the president’s jobs plan, and questions whether unemployment discrimination suits will have the desired effect. Read the full article at the Harvard Political Review.
One provision of the president's jobs plan seems stunningly impractical.
Last week, Peyton argued that, “If the goal of policy is full employment, there are likely much better ways to accomplish this than unemployment insurance, and the drawbacks of this program [to extend UI benefits] are not to be rejected out of hand.” As he accurately points out, “The debate among economists is not about whether unemployment benefits generate additional ... Read More
In a press conference late last week, Speaker Nancy Pelosi addressed legislation before the House to extend unemployment benefits until November 30. Asked if the extension would serve as a “disincentive for people to look for work,” Pelosi dismissed the argument as a “misrepresentation of the motivation for people to be on unemployment insurance” and an “insult to the working ... Read More