The rise in California’s projected budget deficit, from $9.2 billion in January, is forcing state officials to propose a new series of midyear cuts in already battered programs.
Recession
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Most Topular Stories
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Huge New Shortfall Predicted in California Budget
NYT > Recession11 May 2012 | 11:00 pm -
WATCH: Alan Simpson Levels 'Hysteria' Criticism At Paul Krugman
Recession on Huffington Post16 May 2012 | 7:27 amAlan Simpson, the former Republican senator from Wyoming who co-chaired President Barack Obama's debt commission in 2010, took a swipe at one of his m... Read more: Politics News, Congress, Video, Alan Simpson Deficit, Simpson-Bowles, Business News, Paul Krugman, Alan Simpson, Grover Norquist, Slidepollajax, Recession, Politics News -
Mitt Romney, One Night Stands, and the Economics of Relationships
Megan McArdle : The Atlantic16 May 2012 | 10:33 amGuest Post by Gabriel Rossman-- Professor Rossman is a sociologist at UCLA. His work applies economic sociology to media industries. He blogs at Code and Culture and is the author of Climbing the ChartsIn the course of a discussion about Mormons, a friend pointed me to a religious testimony offered by Clayton Christensen (who is best known for his work on disruptive innovation). In his testimony, Christensen describes his belief in the Book of Mormon through a religious epiphany reminiscent of St. Augustine's "tolle lege" experience. However this is in the second half of the essay, the…
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NYT > Recession
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Huge New Shortfall Predicted in California Budget
11 May 2012 | 11:00 pmThe rise in California’s projected budget deficit, from $9.2 billion in January, is forcing state officials to propose a new series of midyear cuts in already battered programs. -
Still Flaunting the Luxe Life
10 May 2012 | 11:00 pmThe recession has not stopped luxury shopping and ostentatiousness from thriving, and few experiences in New York exemplified this more than the Luxury Review trade show. -
Habitat for Humanity Bets Big in Oregon
10 May 2012 | 11:00 pmBy betting big on property in a down market, and with the help of a donor network, the group is creating entire Habitat neighborhoods. -
Easy Useless Economics
9 May 2012 | 11:00 pmMaking excuses to not do anything about current unemployment isn’t just cruel and wasteful, it’s bad long-run policy, too. -
A Divided Europe Focuses on Growth After Elections
7 May 2012 | 11:00 pmAfter the Greek and French elections, growth is now a priority in Europe, but significant change may depend on how far Germany is willing to budge from austerity.
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Recession on Huffington Post
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WATCH: Alan Simpson Levels 'Hysteria' Criticism At Paul Krugman
16 May 2012 | 7:27 amAlan Simpson, the former Republican senator from Wyoming who co-chaired President Barack Obama's debt commission in 2010, took a swipe at one of his m... Read more: Politics News, Congress, Video, Alan Simpson Deficit, Simpson-Bowles, Business News, Paul Krugman, Alan Simpson, Grover Norquist, Slidepollajax, Recession, Politics News -
Alan Grayson: Unemployment: Why
16 May 2012 | 3:36 amWhy is this recession different from all other recessions? There is a simple answer: the austerity fetish. The bizarre notion that cutting is healing. Read more: George Soros, Paul Krugman, Unemployment, Economy, US Economy, Great Recession, Unemployment Rate, US Recession, Recession, Politics News -
Charles Peralo: What The Bitcoin Experiment Started
16 May 2012 | 3:27 amBitcoin created a decentralized currency that cannot be counterfeited, will not create inflation and is free for everyone to use. Now the challenge is building confidence in alternative currency. Read more: US Economy, Federal Reserve, Bitcoin, Inflation, Recession, Economy, Teen News -
Meryl Ain, Ed.D.: It's Scholarship Season -- Helping Graduates and Preserving Memories
15 May 2012 | 10:38 amIn these difficult economic times where discretionary funds are diminishing, a scholarship, no matter how small, can enhance the life of a young person. It also carries on the living memory of a loved one. Read more: Scholarships, High School Graduation, Economic Recession, College, Samantha Garvey, High School Students, Education News -
Eurozone's Economy 'Not Likely To Recover Any Time Soon'
15 May 2012 | 12:00 am* Euro zone GDP stable at 0.0 pct change in Q1 from Q4 2011 * Germany surprises with 0.5 percent growth in Q1 * French g... Read more: Video, Consumer Confidence, Germany, Reuters, Euro Zone, Manufacturing, Financial Crisis, Saxo Bank, Austerity Measures, Gross Domestic Product, Recession, Citigroup, Austerity, Business News
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Megan McArdle : The Atlantic
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Mitt Romney, One Night Stands, and the Economics of Relationships
16 May 2012 | 10:33 amGuest Post by Gabriel Rossman-- Professor Rossman is a sociologist at UCLA. His work applies economic sociology to media industries. He blogs at Code and Culture and is the author of Climbing the ChartsIn the course of a discussion about Mormons, a friend pointed me to a religious testimony offered by Clayton Christensen (who is best known for his work on disruptive innovation). In his testimony, Christensen describes his belief in the Book of Mormon through a religious epiphany reminiscent of St. Augustine's "tolle lege" experience. However this is in the second half of the essay, the… -
The Wacky World of Prices: Rental Cars, Hollywood, and HBO
15 May 2012 | 1:35 pmGuest post by Gabriel Rossman -- Sociologist at UCLA. His work applies economic sociology to media industries. He blogs at Code and Culture and is the author of Climbing the Charts. I study media markets and one of the interesting things about the entertainment industry is there's a lot of complex pricing. This includes both simple bundling (eg, basic cable) and two-part tariffs (eg, HBO). These pricing practices are forms of price discrimination, which is to say they are ways to customize the price point so the seller doesn't leave much money on the table relative to each particular… -
What Is Causality?
15 May 2012 | 9:31 amGuest post by Jim Manzi, founder and Chairman of Applied Predictive Technologies, and the author of Uncontrolled: The Surprising Payoff of Trial-and-Error for Business, Politics and Society.Gabriel, your very deep post that, in passing, requested my comment was fascinating.My family thanks you for the weekend I just spent staring off into space. You open with this: Sampling error? Omitted variable bias? Bah, that's for first-year grad students. What I find really interesting is there are some fairly basic principles for how analysis can get really screwy but which can't be fixed by adding… -
What Really Happened to Income Inequality in the 20th Century?
14 May 2012 | 3:45 pmGuest post by Scott Winship, Brookings Institution. Follow him on Twitter: @swinshi I promised that this was the last post I would write this week dwelling on rising inequality at the top, and I do want to shift to the comparatively under-appreciated lack of rising inequality in the bottom half of incomes. But bear with me, as this turned into two separate posts. To review, in my first post on high-end inequality, I showed how outsized gains at the top are mostly concentrated in the top half of the top one percent and noted that these gains came even as the poor and middle class became… -
The Wacky World of Prices: Rental Cars, Hollywood, and HBO
14 May 2012 | 1:35 pmGuest post by Gabriel Rossman -- Sociologist at UCLA. His work applies economic sociology to media industries. He blogs at Code and Culture and is the author of Climbing the Charts. I study media markets and one of the interesting things about the entertainment industry is there's a lot of complex pricing. This includes both simple bundling (eg, basic cable) and two-part tariffs (eg, HBO). These pricing practices are forms of price discrimination, which is to say they are ways to customize the price point so the seller doesn't leave much money on the table relative to each particular…
