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Blogs - Jun 2012

The Economic Costs of Fear by Bradford DeLong
Fri, 2012-06-01 12:31
That is now an extraordinary gap in the returns that one can reasonably expect from US Treasury bonds and from stocks. So why aren’t people moving their money from bonds and other safe assets to stocks and other relatively risky assets?

Returns to Labor vs. Financial Ownership by Arjun Jayadev
Fri, 2012-06-01 13:27
Examining the returns to the activity of labor (an important and primary source of income for the vast majority of the population) versus returns to ownership (a more important source of income for the wealthy) provides another lens with which to examine how the benefits of economic growth and the losses from stagnation have been distributed.

Profits, Competition, and Social Welfare by Gary Becker
Mon, 2012-06-04 10:07
The main reason to be concerned about the attacks on competitive capitalism is that it has delivered during the past 150 years so much to all strata’s of society, including the poor.

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