Philosophy isn't dead, but this argument is.
White House: Here's Why You Have To Care About Inequality
January 13, 2012
I was surprised by how little coverage White House Council of Economic Advisers Chairman Alan Krueger got for his speech yesterday about income inequality (text, video). It was the second major White House speech on income inequality, the first of course being President Obama's widely covered Dec. 6 speech in Osawatomie, Kansas (which I wrote about here).
Good News on Unemployment, With One Ominous Sign
December 04, 2009
So it's hard not to like today's unemployment report: the economy only lost 11,000 jobs in November, a number so small the Labor Department considers the employment level "essentially unchanged" from October. That's after shedding an average of 135,000 jobs in each of the previous three months. And even that 135,000 figure looks better than it used to. The September and October payroll reports, which had prompted a lot of hand-wringing in Washington, were revised downward from -219,000 to -139,000 and -190,000 to -111,000, respectively.