Links: Political Economy

• Barry Eichengreen, The Last Temptation of Risk, The National Interest, May/June 2009.


• Simon Johnson and James Kwak, Finance: Before the Next Meltdown, Democracy: A Journal of Ideas, Issue #13, Summer 2009.
  
  via: The Baseline Scenario.


• Teryn Norris & Jesse Jenkins, Will America Lose the Clean-Energy Race?, CommonDreams.org, 29 July 2009.


• Naomi Klein, Let's Put an End to Sarah Palin-Style Capitalism, AlterNet, AlterNet.org, 30 July 2009.


• Scott Thill, Why Corporations, Emerging Powers and Petro-States Are Snapping Up Huge Chunks of Farmland in the Developing World, AlterNet, AlterNet.org, 11 August 2009.


• Nassim Nicholas Taleb, Cameron dare not copy Obama's disastrous economic policies: Should he come to power, the Conservative leader must avoid the calamitous mistakes of the American president, The Observer, guardian.co.uk, 16 August 2009.


• Simon Johnson, The Two-Track Economy, The Baseline Scenario, 20 August 2009.
  
  Simon Johnson, More On The Two-Track Economy — From The WSJ And Others, The Baseline Scenario, 29 August 2009.


• Mike Shedlock, Orwellian Madness "Bernanke Saved The World", Mish's Global Economic Trend Analysis, 21 August 2009.


• Jim Hightower, Holding Wall Street Bankers Accountable, JimHightower.com, 28 August 2009.


• Gene Laverty, PetroChina to Buy Athabasca Oil-Sands Project Stakes, Bloomberg.com, 31 August 2009.
  
  John Duce and Gene Laverty, PetroChina Agrees Biggest North America Acquisition , Bloomberg.com, 01 September 2009.


• Barry Ritholtz, Bailout Profits? Don’t Make Me Laugh!, The Big Picture, 31 August 2009.


• Lee Adler, Forbes Polls the Wackosphere and Gets An Earful, The Wall Street Examiner, 31 August 2009.


• William D. Cohan, The Final Days of Merrill Lynch, The Atlantic, September 2009.


• Matt Taibbi, Bailout Propaganda Begins, Taibblog - True/Slant, 01 September 2009.


• Rob Johnson & Lynn Parramore, Jim Chanos Warned Brown, Geithner, and Others about Coming Financial Crash in 2007, The Huffington Post, 01 September 2009.


• Barry Ritholtz, How the Bailouts Should Have Gone, The Big Picture, 02 September 2009.
  
  Rick Newman, How the Bailouts Could Have Gone Better, US News & World Report, 01 September 2009.


• Unemployment, Labor Policy
  
  Mike Shedlock, Cut My Pay, But Please Give Me A Job, Mish's Global Economic Trend Analysis, 01 September 2009.
  
  Steven Greenhouse, Low-Wage Workers Are Often Cheated, Study Says, The New York Times, NYTimes.com, 01 September 2009.
  
  Barry Ritholtz, Data Points to Ongoing Economic Woes, The Big Picture, 02 September 2009.
  
  Yves Smith, Unemployment: The Harder You Look, The Uglier It Appears, naked capitalism, 02 September 2009.
  
  Henry Blodget, Unemployment is Much Worse Than You Think, The Business Insider, 04 September 2009.
  
  Employment-Population Ratio, Part Time Workers, Average Workweek, Calculated Risk, 04 September 2009.
  
  Barry Ritholtz, Recession Job Losses: 3 Views, The Big Picture, 05 September 2009.
  
  Pimco's Tony Crescenzi: Structural Changes in the Economy Will Lead to Long-Term Job Losses, Washington's Blog, 06 September 2009.
  
  Juan Cole, Where Have All the Broad Shoulders Gone? Or, Labor Day in a Kleptocracy, Informed Comment, 07 September 2009.
  
  Barry Ritholtz, Total 10 Year Job Gains: Negative 203k, The Big Picture, 07 September 2009.
  
  Michael Luo, Out of Work, and Too Down to Search On, The New York Times, NYTimes.com, 07 September 2009.
  
  Kirk Ladendorf, Caught in global shift, city's high-tech manufacturing jobs are vanishing, Austin American-Statesman, 08 September 2009.
  
  Yves Smith, Manpower: Hiring Plans Hit New Low, naked capitalism, 08 September 2009.
  
  Yves Smith, 40% of Working Age Californians Jobless, naked capitalism, 08 September 2009.
  
  George Washington, How Bad Will Unemployment Get, and What Can We Do About It?, naked capitalism, 08 September 2009.


• Ian Bremmer & Nouriel Roubini, Don’t Expect the U.S. and China to Form a ‘Strategic Alliance’ Anytime Soon, WSJ.com, 01 September 2009.


• Penn Bullock, Friedman Economics: Is Fed chairman Ben Bernanke a follower of John Maynard Keynes or Milton Friedman?, Reason Magazine, 01 September 2009.


• James Kwak, Revisionist History, The Baseline Scenario, 02 September 2009.


• Paul Krugman, How Did Economists Get It So Wrong?, The New York Times Magazine, NYTimes.com, 02 September 2009.
  
  Paul Krugman, A few notes on my magazine article, Paul Krugman Blog, The New York Times, NYTimes.com, 05 September 2009.
  
  Paul Krugman, School for Scoundrels: Book Review - 'The Myth of the Rational Market,' by Justin Fox; and 'The Sages,' by Charles R. Morris, The New York Times, NYTimes.com, 06 August 2009.
  
  Some responses to Krugman's Magazine essay:
  
  Jane Smiley, Other Economists in the Room, The Huffington Post, 03 September 2009.
  
  Comments - Links 9/4/09, naked capitalism, 04 September 2009.
  
  James Kwak, Krugman on Economics, The Baseline Scenario, 04 September 2009.
  
  Barry Ritholtz, How Economists Got It Wrong, The Big Picture, 05 September 2009.
  
  Dirk Bezemer, Why some economists could see the crisis coming, FT.com, 07 September 2009.
  
  Ryan Grim, Priceless: How The Federal Reserve Bought The Economics Profession, The Huffington Post, 07 September 2009.


• Dave Johnson, Who Opposes American Manufacturing?, The Smirking Chimp, 03 September 2009.
  
  Johnson has written elsewhere on this topic:
  
  Dave Johnson, Who Would Be Against American Manufacturing?, Blog for Our Future, Campaign for America's Future, OurFuture.org, 01 September 2009.
  
  Dave Johnson, Who Opposes American Manufacturing? II, Blog for Our Future, Campaign for America's Future, OurFuture.org, 03 September 2009 [this is the Smirking Chimp essay noted above].
  
  More of his essays: Dave Johnson, Campaign for America's Future, OurFuture.org.


• James V. Grimaldi, Washington Redskins React to Fans' Tough Luck With Tough Love, The Washington Post, washingtonpost.com, 03 September 2009.


• Michael McKee, Stiglitz Says U.S. Economic Recovery May Not Be 'Sustainable', Bloomberg.com, 04 September 2009.
  
  via: Jesse's Café Américain.


• Alan S. Blinder, The Wait for Financial Reform, The New York Times, NYTimes.com, 05 September 2009.


• Karl Denninger, 2009 Labor Day Ponderings ..., The Market Ticker, 06 September 2009.
  
  * Karl Denninger, Labor Day Musings Part II, The Market Ticker, 07 September 2009.


• Michael Lind, Who are the wealth creators?, Salon.com, 07 September 2009.


• Yves Smith, Deflation Worries Looking More Credible, naked capitalism, 07 September 2009.


• * John Robb, Nice depiction of a system in decline, John Robb's Weblog, 07 September 2009.


• Kevin G. Hall, A year after financial crisis, the consumer economy is dead, McClatchy Newspapers, 08 September 2009.


• Bob Ivry, Christine Harper and Mark Pittman, Missing Lehman Lesson of Shakeout Means Too Big Banks May Fail, Bloomberg.com, 08 September 2009.


• George Washington, The Economy Will Not Recover Until Trust is Restored, naked capitalism, 10 September 2009.


• Yves Smith, Trade Tensions With China Quietly Escalating, naked capitalism, 10 September 2009.


• Donald L. Barlett & James B. Steele, Good Billions After Bad, VanityFair.com, October 2009.
  
  "As the Bush administration waned, the Treasury shoveled more than a quarter of a trillion dollars in tarp funds into the financial system — without restrictions, accountability, or even common sense. The authors reveal how much of it ended up in the wrong hands, doing the opposite of what was needed."