How the World Works

Posts on Monday, December 1, 2008

The month the U.S. economy died
More bad numbers emerge detailing October's meltdown. Investors respond: The Dow goes into free fall.
It's official: We're in a recession
Remember when Phil Gramm said Americans were a "nation of whiners"? He was wrong. The recession started last December.
Dow plunges again, Friedman fans despair
Despite the best efforts of the Federal Reserve to follow the economic prescriptions of Milton Friedman, nothing is working. But Keynes' stock is rising.
A name China scholars will remember
John "Beginning Chinese" DeFrancis passes away. Who knew he once tangled with Senator Joe McCarthy?
Obama: "A clean break from a troubled past"
The president-elect makes his case to the nation for immediate action on the economy. Let's hope Senate Republicans were listening.
Even Wal-Mart gets the blues
Cutbacks in discretionary spending take their toll, even at the "low-price leader"
How humans cooled the earth -- 500 years ago
After pandemics caused a mass die-off in the New World, farmland turned to forest and temperatures dropped

About How the World Works

A conversation about globalization.

Recent Posts

Obama: "A clean break from a troubled past"
The president-elect makes his case to the nation for immediate action on the economy. Let's hope Senate Republicans were listening.
Even Wal-Mart gets the blues
Cutbacks in discretionary spending take their toll, even at the "low-price leader"
How humans cooled the earth -- 500 years ago
After pandemics caused a mass die-off in the New World, farmland turned to forest and temperatures dropped

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