(January 4, 2011 09:02 AM, by Arnold Kling) Two pointers from the indispensable Mark Thoma. 1. Catherine Rampell writes, A large fraction of displaced workers who have found new jobs have had to switch careers, and most of those career-changers have downgraded to a lower-paying job, according to...
This is something I've been worried about: Career Shift Often Means Drop in Living Standards, by Catherine Rampell, NYTimes:...A new study of American workers displaced by the recession sheds light on the sacrifices a large number h... Read Post
(April 18, 2012 07:47 AM, by Arnold Kling) So says the Treasury. Below is the chart that proclaims that lending markets were unclogged. Pointer from the indispensable Mark Thoma. A few curmudgeonly remarks: 1. The indicator is the p... Read Post