Bitter and Blue (Free subscription) | 04/11/2009 | Business
"On the other side of things, Michael Johnson has had a massive absence from injury for a long, long time, so being in the squad will be a big lift for him." Johnson's call-up comes after the 21-year-old recovered from a long-term abdominal problem that limited him to eight City appearances last season. He could make his third appearance for the U-21s, 15 months after his last cap. >...
What's Alan Watching? (Free subscription) | 02/11/2009 | Business
Spoilers for the penultimate episode of "Mad Men" season three coming up just as soon as I take you to see "Singin' in the Rain"... "The Kennedy assassination is very well-trod territory, and I just don't see myself adding (anything) new to that." -Matthew Weiner, at the end of season two Weiner, like any artist, is allowed to change his mind, and so season three wound...
Cafe Hayek (Free subscription) | 02/11/2009 | Business
Jeffrey Miron, Simon Johnson, Mark Thoma and I answer the question here. Here is John Taylor’s answer.
Londonist (Free subscription) | 31/10/2009 | Business
Image / Route79 Ambulances were on hand this morning to greet a British Airways plane from the US on which six passengers had fainted . After it had taxied to a remote part of the airport, emergency services personnel boarded the Boeing 777 wearing Hazmat suits amid fears that a chemical leak or a bug was responsible, though they were unable to find evidence of any noxious substances. None of the...
The Guardian Books Blog (Free subscription) | 28/10/2009 | Business
The attitude revealed in his remarks about the celebrity novelist is one of the reasons she sells more books than him It's always a little bit astonishing in these relatively enlightened times when someone who would like to be regarded as an important contributor to the cultural agenda relies on lazy, casual misogyny to attempt a critique. But it's the approach that Martin Amis has taken in adding...
1913 Intel (Free subscription) | 26/10/2009 | Business
Speaking in Shanghai over the weekend, Mr Roach said: “China’s growth model is much more about supply than demand. It’s not a sustainable model for China. It’s not a sustainable model for any nation.” He warned that China is overdependent on exports at a time when the global recession has sapped demand for its [...]
Peak Energy (Free subscription) | 25/10/2009 | Business
Peak oil continues to make occasional appearances in the mainstream media, with the Daily Telegraph (UK) providing the latest example - The rise and fall of oil production . To date, the debate on "peak oil" has had little influence on UK energy policy. But a combination of strong demand growth, erosion of spare capacity and ominous warnings from analysts has heightened concerns. Global production...
Karmabanque Radio (Free subscription) | 23/10/2009 | Business
Stacy Summary: What do you think about Tucker’s argument that he prefers not to target asset bubbles but to ’strengthen resilience’ of the banking system during credit booms? By giving them more taxpayer money? If so then those taxpayers who will have to bailout the scheme when it busts would be chumps not to [...]
Tim Worstall (Free subscription) | 22/10/2009 | Business
GM: In an article for Fortune magazine, Rattner offered a savage verdict on the leadership culture at the industrial giants, singling out GM’s former boss Rick Wagoner for his “friendly arrogance”, and top executives’ reluctance to mix with workers. “Everyone knew Detroit’s reputation for insular, slow-moving cultures,” he said. “Even by that low standard,...
Tim Worstall (Free subscription) | 22/10/2009 | Business
On these limits on financial market pay. On average, under Mr Feinberg’s plan, the total compensation of the 175 executives affected will fall by 50pc. But basic cash salaries will see the biggest reductions, being cut by as much as 90pc in extreme cases. At AIG Financial Products, the London-based division [...]
Political Animal (Free subscription) | 21/10/2009 | Business
DEFINING NIXON DOWN.... Republicans and a few too many political reporters seem to have decided on a new attack meme for the week: President Obama reminds them of Nixon. ABC News' "The Note" is pushing the line today. Fox News...
Gateway Pundit (Free subscription) | 23/10/2009 | Business
The US unemployment rate rose from 7.6% to 9.8% under Obama… the highest rate in 26 years. Chart from the Bureau of Labor Statistics- via Sweetness and Light Obama said with the Stimulus Bill the unemployment rate would not go over 8% but the unemployment rate is currently at 9.8%. The White House admitted today that the record [...]
Martin Meenagh Blog (Free subscription) | 20/10/2009 | Business
The Crisis The Red Cross now seem to be handing out aid packages from Western Europe through to Eurasia, and have published a report about it (which I found on EU Referendum). I've been trying very hard over the past weeks not to 'go gloomy' about the state of the economy, having had my fill when I predicted how far into the depths we would sink last year. We're still going down and I don't want to...
Lenin's Tomb (Free subscription) | 21/10/2009 | Business
We live in interesting times. The hawkish governor of the Bank of England is railing against the City , and the government's failure to fundamentally reform the financial system. He is railing against the debt/speculation model of the economy that has been in place for decades, and which both Labour and the Tories have sought to conserve. He notes that taxpayer money is now being used to fuel another...
AMERICAblog (Free subscription) | 21/10/2009 | Business
Of course he's right, but why the constant big talk from those in power without backing it up? Whether in the US or UK, politicians and others in power have had a steady stream of blistering remarks but to date, there has been so little action. All of this has been in view for quite a while but they hope against hope that it's simply going to work itself out. It won't. People are expecting leaders...
