• tagged krugman

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77

Income Disparity Grows

The Wall Street Journal surveyed CEO pay a the 456 biggest U.S. companies during the past fiscal year. Larry Ellison, the founder of Oracle, was number two with a $68.6 million paycheck, and Occidental Petroleum’s Ray Irani was number three. Overall, CEO pay has risen 3 percent during the past fiscal year.

36 comments    business politics economics
78

Subprime Home Mortgage Crisis

NY Times ace financial guru, Floyd Norris, in his column today, Oct 19, 2007, explains Treasury Secretary Henry Paulson's latest invention to ward off disaster for the big banks and the country's financial system, the "Master Liquidity Enhancement Conduit," which will rival the Los Angeles aqueduct.

14 comments    bank of america warren buffet
69

Milton Friedman on the Central Federal Reserve Bank

“The Federal Reserve definitely caused the Great Depression by contracting the amount of money in circulation by one-third from 1929 to 1933.” -- Milton Friedman, Nobel Prize winning economist, January...

4 comments    business finance politics
83

Krugman on Friedman - A Critique

With the passing of the late John Kenneth Galbraith (1908 - 2006) the job of popularizer of the economics of government economic control of the economy has been taken up by Paul Krugman. Like Galbraith, before...

8 comments    politics economics economic
68

9-19-08 Crisis End Game--Paul Krugman NY Times

Op-Ed Columnist Crisis Endgame By PAUL KRUGMAN Published: September 18, 2008 On Sunday, Henry Paulson, the Treasury secretary, tried to draw a line in the sand against further bailouts of failing financial...

29 comments    stock market recession aig
62

John Kenneth Galbraith on the Central Federal Reserve Bank

-- John Kenneth Galbraith From his last book The Economics of Innocent Fraud : The Fed, for all its power and prestige, effectively does nothing, says Galbraith. In his view, America's Federal...

1 comment    business finance politics
59

Lesson from Europe for a Better Future Reform

The Real Lesson from Europe’ unveils those aspects regarding which we never thought before. For a better growth and social order it is essential to think about them.

2 comments    european union paul krugman
breakfastpop profile image58

Black Velvet and the PIP-POP Awards

Good morning breakfastpoppers. Today is PIP-POP Tuesday, February 8, 2011. It is time for the 21st weekly presentation of the coveted PIP-POP Awards. I think we are in for an interesting show, so without further adieu let's prepare our customary...

42 comments    politics recipe president obama
breakfastpop profile image60

Singapore Sling and the PIP-POP Awards

Join me for a liquid breakfast and the weekly presentation of the PIP-POP Awards. This morning we will be mixing up a Singapore Sling!!

46 comments    recipe nfl breakfast
breakfastpop profile image60

A Paloma and the PIP-POP Awards

Good morning breakfastpoppers. Today is PIP-POP Tuesday, January 11, 2011. The awards ceremony is scheduled to begin in a few minutes, so let's prepare our customary liquid breakfast and head for the theater....

45 comments    breakfast republicans tea party
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