Archives: September 2009

"This Time Is Different": Reinhart and Rogoff worry about future financial crises

Posted by: Peter Coy on September 25, Categories: Financial Crisis

Guest blog from Economics Editor Peter Coy When you've studied "eight centuries of financial folly," as international economists Carmen Reinhart and Kenneth Rogoff have, patterns begin to emerge. The most...

The Journalism Job Market: Part II, Downturn

Posted by: Michael Mandel on September 24, Categories: Journalism

Warning: I'm going to violate all the canons of journalism by putting my conclusions at the end. In my first post on the journalism job market, I broke down journalistic...

Tuck School event: The Innovation Shortfall

Posted by: Michael Mandel on September 23, Categories: Innovation

Next week (September 30), I'm going to be speaking at the Center for International Business at the Tuck School at Dartmouth. The topic will be "The Innovation Shortfall: America's Hidden...

Stiglitz, Sen, and the End of Recession

Posted by: Michael Mandel on September 23, Categories: Macro

Most forecasters expect third quarter real GDP growth to be positive, perhaps as much as 3%. This will be widely hailed as a sign that the nasty recession of 2008-2009...

Early Childhood Investment and the Private Sector

Posted by: Michael Mandel on September 23, Categories: Education

When I was out in Telluride this week at the Economic Summit on Early Childhood Investment(no, please don't show me any sympathy), I heard a very interesting talk from Congressman...

Telluride Economic Summit on Early Childhood Investment

Posted by: Michael Mandel on September 16, Categories: Education

Next week I'm going to be a keynote speaker at the Telluride Economic Summit on Early Childhood Investment. It's a very important topic: economic research shows without a doubt that...

The Journalism Job Market: Part I, Looking Back

Posted by: Michael Mandel on September 16, Categories: Journalism

I'm going to give a shot at assessing the state of the journalism job market, based on government data and what I know about the dynamics of labor markets and...

Yet More on Young College Grads

Posted by: Michael Mandel on September 14, Categories: Education

After all the good comments, I figured I'd pour a few more facts onto the fire. First, here's a comparison of real earnings changes by age and sex, for college...

Earnings of Young College Grads vs College Costs

Posted by: Michael Mandel on September 12, Categories: Education

Here's another appalling chart: The top line is the cost of private four-year institutions, adjusted for inflation. The bottom line is the real annual pay of young full-time workers with...

Is This Why I Went to College?

Posted by: Michael Mandel on September 11, Categories: Education

To me, this chart sums up everything that is wrong with this economy, on so many different levels. I've run similar charts like this before. But now, with the just-released...

Where are Healthcare Costs Rising the Fastest?

Posted by: Michael Mandel on September 09, Categories: Health

Hint: It's not the U.S. I was nosing around the OECD stats on health spending, which include the category "Total expenditure on health, Per capita US$ PPP" (PPP stands for...

My View On Healthcare Reform

Posted by: Michael Mandel on September 09, Categories: Health

As we wait for Obama's speech tonight, I can't do any better than to channel Andrew Sullivan: the end-result looks to me more and more like a simple extension of...

10-Year Private Sector Job Growth Finally Goes Negative

Posted by: Michael Mandel on September 04, Categories: Labor Market

Consider this a memorial service. Back in June, I wrote a post called "A Lost Decade for Jobs", where I pointed out that 10-year private job growth was rapidly heading...