EconoViners - Money on the mind

Jobs, Jobs and Cars

Mitch Daniels, the former Bush budget director who is now Indiana’s governor, made the Republicans’ reply to President Obama’s State of the Union address. His performance was, well, boring.

Apple, America and a Squeezed Middle Class

When Barack Obama joined Silicon Valley’s top luminaries for dinner in California last February, each guest was asked to come with a question for the president. But as Steven P.

Turning America into Pottersville

For many years, it appeared that the Right wanted to take the United States back to the 1950s -- when blacks "knew their place," women were "in the kitchen" and gays stayed "in the closet" -- but it turns out that the intended back-in-time-travel was to the 1920s, to an era of  …

Is Private Equity Bad For the Economy?

Mitt Romney's private equity record is suddenly the talk of the GOP presidential contest. What do we know about the industry he helped to create?

ROBERT REICH: Here's What Happens To Countries That Stop Valuing The Public Good

Meryl Streep’s eery reincarnation of Margaret Thatcher in “The Iron Lady” brings to mind Thatcher’s most famous quip, “there is no such thing as ‘society.’” None of the dwindling herd of Republican candidates has quoted her yet bu …

IT'S OFFICIAL: Keynes Was Right

After the experience of the past five years, it certainly seems like John Maynard Keynes was right, doesn't it? It seems hard to conclude anything else.

DEAR HOWARD SCHULTZ: If You Really Want To Save America, Why Don't You Give Starbucks Baristas A Raise?

In the late 1970s, our companies got fat, lazy, bloated, and less-profitable, and a generation of corporate raiders and Gordon Gekkos justifiably began restructuring them and making them more competitive.

MARK DOW: Finally, People Are Beginning To Understand That All This Money-Printing Isn't Causing Inflation

Mark Dow of Pharo Management forwarded us the chart below, which shows the amazing impact Ben Bernanke's post-crisis money-printing has had on inflation and the value of the dollar. Which is to say: No impact.

No, Steve Jobs Did Not "Create Thousands Of Jobs" By Inventing The iPhone

A billionaire named Nick Hanauer recently wrote an editorial for Bloomberg in which he destroyed the argument that the jobs in America are created by rich entrepreneurs and investors. As both political parties try to blame each other for our economic mess, this argument has be …

JEREMY GRANTHAM: We're Headed For A Disaster Of Biblical Proportions

Summary of the Summary The world is using up its natural resources at an alarming rate, and this has caused a permanent shift in their value. We all need to adjust our behavior to this new environment.

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