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Labor Market Commentary

(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...
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Trade, Mechanization, and Displacement

Business & Finance / Economics : EconLog (3 years ago)

(May 9, 2011 06:18 PM, by Arnold Kling) James C. Cooper writes, Between 1999 and 2009, these large global corporations pared 2.9 million workers from their U.S. payrolls while adding 2.4 million jobs at their foreign affiliates. Tha... Read Post

Merton on the Financial Crisis

Business & Finance / Economics : EconLog (5 years ago)

(April 14, 2009 10:56 AM, by Arnold Kling) A great lecture. Found by Steven Hsu. Pointer from the indispensable Mark Thoma. I enjoyed his comments on asset valuation. He wonders whether the issue is that the assets cannot be valued ... Read Post

Morning Commentary

Business & Finance / Economics : EconLog (5 years ago)

(March 25, 2009 09:27 AM, by Arnold Kling) All pointers courtesy of the indispensable Mark Thoma. First, Hernando de Soto writes, These derivatives are the root of the credit crunch. Why? Unlike all other property paper, derivatives... Read Post


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