The Foreclosure Bowl: Connecticut Finally Makes it Into Top 10
Written by Mandelman
Understandably, Connecticut has always had a bit of an inferiority complex. Wedged in just north of high profile states like New York, New Jersey and Pennsylvania, while looked down on by the erudite Massachusetts, the only state that even talks to Connecticut when the states get together is Rhode Island. And it’s no secret that the rest of the N
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Here’s some further evidence of the housing market’s and the overall economy’s inexplicable, but unstoppable recovery… in Maryland foreclosures in April were up by 154 percent year-over-year… home auctions were up by 199 percent compared with last year at the same time.
According to WUSA 9[1], Maryland’s foreclosure process is slower relative to o
...Calling all scholars willing and able to contribute new ideas to economics! The Institute for New Economic Thinking is offering research grants of up to $250,000 . For details, see here .
What makes a loan a “bad loan?” I know there are lending practices defined as being predatory in nature that result in “bad loans,” but that’s not what I’m talking about.
According to the Center for Responsible Lending[1], “Predatory lending describes unfair, deceptive, or fraudulent practices of lenders during the loan origination process.” So, w
...So if you are the big tree
We are the small axe — Bob Marley and the Wailers, Small Axe
“The market state,” which Phillip Bobbitt introduced in The Shield of Achilles: War, Peace, and the Course of History ( 2002 ) is a supremely evocative phrase more often cited than defined or critiqued. But “market state” is so...
By Lucrezia Reichlin, Professor of Economics at London Business School; co-founder, Now-Casting Economics and CEPR Research Director, Adair Turner, Member of the UK Financial Policy Committee; Senior Research Fellow, Institute for New Economic Thinking, and Michael Woodford, John Bates Clark Professor of Political Economy, Columbia University and...
By Jayati Ghosh, Professor of economics at Jawaharlal Nehru University, New Delhi, and the executive secretary of International Development Economics Associates. Cross-posted from Triple Crisis .
Since her death, many eulogies of Thatcher have spoken of her as a revolutionary. Thatcherism (along with the associated Reaganomics) is seen as a...
Feline Fate: Brigitta the Wheelchair Cat Adopts Lost Kittens Der Spiegel
Carbon storage in Arctic tundra shows ecosystem resiliency ScienceBlog
Harry Reid eyeing July for the `nuclear option’ WaPo. 2013 and not 2009 ?
Obama’s trust-in-government deficit Dan Balz, WaPo
Despite sequester, high-level federal executives slated to get bonuses McClatchy
Systemic Malfunctioning of the Labor and Financial Markets
Written by Lambert StretherPaul Jay of the Real News Network interviews Heiner Flassbeck , who served as director of the Division on Globalization and Development Strategies of the United Nations Conference on Trade and Development, known as UNCTAD. He was a vice minister at the Federal Ministry of Finance in Bonn in 1998 and ’99. He’s now a professor of...
By Ian Fraser, a financial journalist who blogs at his web site and at qfinance . His Twitter is @ian_fraser .
What has become of our markets? Nanex, the market analysis firm, has animated a half second of trading activity in Johnson & Johnson stock. The animation is both intoxicating and mindblowing, not only because of the sheer quantity of...