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Wednesday, 05 August 2015 |

2:00PM Water Cooler 8/5/15

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Today's Water Cooler: Word of the day: oligarchy, how Trump can win, ADP stats, water woes, corruption, Eleanor Roosevelt on new dollar bill?...
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By Quantified Alpha....
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Introduction Level 3 Communications (LVLT) is a global communications provider headquartered in Broomfield, Colorado, that provides communications services to enterprise, government and carrier customers in more than 60 countries around the world. Level 3 operates one of the world’s largest …...
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Three UMKC Professors Among The Nine Who Predicted Eurozone Crisis

KCUR.org feature includes recorded interview with Randy Wray and others regarding the current crisis in the eurozone. Randy explains that some economists predicted the problems with the European Monetary Union with an explanation of sectoral balances.

Three UMKC Professors Among The...

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On April 10, 2006, Mexican authorities searched through a DC-9 jet at the airport in Ciudad del Carmen. They found more than five tons of cocaine… valued at more than $100 million.

If you’re like many Americans, you’re not surprised by a story like this. Not a year goes by without a few big media stories about Mexican drug cartels.

However, you...

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I sure am glad there's no inflation, because these "stable prices" the Federal Reserve keeps jaw-jacking about are putting us in a world of hurt.
We are constantly bombarded with two messages about inflation:
1. Inflation is near-zero
2. This worries the Federal Reserve terribly, because stable prices are  deflationary and deflation is (for...
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Lexus has made a hoverboard and handed it to a professional skateboarder. Here's what happened...
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August 4, 2015...
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imageLast week I introduced to Credit Slips readers my draft article on federal court oversight of Detroit's bankruptcy. An easily overlooked element of what I called The Detroit Blueprint is non-random judge selection, required by Congress for municipal bankruptcy cases.

Departing from the random assignment norm in the federal judiciary, section 921(b)...

Tuesday, 04 August 2015 |

The Question I Wanted to Ask

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The Question I Wanted to Ask

By J.D. ALT

I recently attended a panel discussion called by Bernie Sanders—and moderated by Stephanie Kelton—to discuss the crisis in Greece. The panelists were Joseph Stiglitz, Jacob Kirkegaard (of the Peterson Institute) and James Galbraith (who, it had been disclosed just a few days earlier, was part of a...

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