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Josh Marshall at Talking Points Memo offered up a brief moment of reflection Thursday in the midst of continuing chaos at the debt ceiling circus. Continue reading
Here are all the things about the debt ceiling we do not know. Nearly everything. Continue reading
Reid Hoffman and Thomas Friedman advocate treating your career like an entrepreneur starting a business, but the advice isn't new and doesn't often pan out even in Silicon Valley, argues The Deal magazine's Robert Teitelman in this video. Continue reading
Alan Greenspan's fear that we may be erecting too-high buffers resembles that ancient advice to invest in equities because they only go up. That works well, unless you happen to be 62 in 2008. Continue reading
One has to wonder, as The Economist claims: Why is Murdoch the last mogul? What has changed in the world that will banish the media mogul as a rare, if persistent, species of corporate manager? Continue reading
In the August New Republic, John Judis has a longish piece that tries to get at the connection -- or lack of connection -- between the rise of Wall Street and the decline of American industry. Continue reading
Holy cow, Mary Jane, hold on to your chinchilla, we're heading into a liquidity crisis! Out of the blue a few weeks ago, Berkeley economist J. Bradford DeLong realized this and announced it to the world, or at least to... Continue reading
Fortune's story 'Tech Bubble 2.0' tells you more about Fortune and its relation to the tech economy and its readers than anything else. Fortune knows that tech, euphoria, optimism, winners sell. Continue reading
Newspapers seemed to be thriving in the U.K., but the News of the World scandal may indicate a 'desperate last throw of the dice' for Rupert Murdoch & Co. in the face of competitive pressures, ponders The Deal editor in chief Robert Teitelman. Continue reading
Among the econoblogs, there's a fascinating ongoing discussion about the role of Fannie Mae and Freddie Mac in the financial crisis. Continue reading
The only group that has gotten a relatively free pass in the London tabloid scandal is the very engine of Murdoch's success in Britain -- and that of the larger tabloid world there: the newspaper-consuming public. Continue reading
Thomas Friedman in The New York Times tells us all, once again, that we all have to imitate Silicon Valley and plunge into the free agent, reinvention, entrepreneurial lifestyle. Continue reading
Joe Nocera offers up an exit interview with outgoing FDIC head Sheila Bair in The New York Times magazine, bringing all the nightmarishly tangled issues of 2008 back again. Continue reading
The real enemy increasingly seems to be anyone occupying a position in the middle, which is viewed as the black heart of corruption and self-deception. Thus Allan Sloan and Derek Thompson are easily characterized as tools of the plutocracy. Continue reading
Mark Thoma at Economist's View has fired back at Joshua Rosner, one of the co-authors (with Gretchen Morgenson) of 'Reckless Endangerment,' over whether or not the book blamed the financial crisis on the Community Reinvestment Act. Continue reading