29 September 2009, By David Caploe PhD, Chief Political Economist. One of the great things about this gig, aside from the fabulous colleagues, is there are so many fascinating things in the world political economy – all of which are significant in any number of ways, and deserve attention, and to which my attention is constantly being pointed by the surprisingly large number of devoted readers of this site. [br]
25 September, 2009. By David Caploe PhD, Chief Political Economist. By the time Friday rolls around, there’s a natural tendency to want to chill out a bit, especially after the brutal week – nothing to do with my colleagues at Economy Watch, thankfully – I’ve experienced … but then you start to check websites, ideas start bouncing around and it becomes impossible not to start seeing new – and not especially happy – connections.
24 September, 2009. By David Caploe PhD, Chief Political Economist. In many ways, globalization is not just a cliché but an inaccurate term for the world in which we live today.[br]
September 23 2009. By David Caploe PhD, Chief Political Economist. Yesterday, we talked about some of the more positive aspects of Chinese political control of the banks, in sad contrast to the US, where, it seems, the banks have more control of government and its policies towards them than vice-versa.
22 September 2009. By David Caploe PhD, Chief Political Economist. By now, everyone knows how deeply inter-connected the US and Chinese economies are. Indeed, some have even called the two countries Chimerica because of their interdependence:
18 September, 2009. It’s been a fun first week here at EconomyWatch, which “just happened” to coincide with the first anniversary of Black September 2008 – a fun-filled weekend that saw the collapse of Lehman Bros, the beginning of the never-ending bailout of AIG, and the disappearance of the icon of Wall Street bullishness Merrill Lynch into the maw of giant Bank of America.
17 September, 2009 By David Caploe PhD, Chief Political Economist, EconomyWatch.com We’ve noted in recent postings that informed observers knew before Barack Obama took office that he was – sadly – unlikely to do much more in economic policy than mimic the paltry and blatantly inadequate efforts of the Cheney / Bush regime, symbolized above all by the Paulson “Plan”, which, in the aftermath of last year’s Black September meltdown, basically begged banks to take taxpayer money and lend it.
“The first thing we do is kill all the lawyers”, Shakespeare, Henry VI.
15 September, 2009. Lower Manhattan is always a bit of a strange and wonderful place, with the Federal / State / City government complex a short taxi ride away from Wall Street, Little Italy cheek-by-jowl with a Chinatown that has yet to recover from the economic devastation of 9/11, whose ruins still lie just a few blocks away, even as ever-hip Tribeca and Battery Park continue to shine.
Wall Street, New York, US, 14 September 2009.
Has Wall Street changed, one year after meltdown? Maybe, but it’s pretty hard to see how.
