Submitted by Businomics Blog
The Wall Street Journal has a good article (subscription required) about companies re-hiring their retirees to cope with tight labor markets. These companies often use the retirees for part-time or temporary positions. The article featured Schneider the “transportation and logistics” company (which I would have called a trucking company), but […]

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Submitted by CARPE DIEM
1. “Right now it looks as if the economy is stalling…” — Paul Krugman, September 2002
2. “We have a sluggish economy, which is, for all practical purposes, in recession…” — Paul Krugman, May 2003
3. “An oil-driven recession does not look at all far-fetched.” — Paul Krugman, May 2004
4. “A mild form of […]

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Submitted by CARPE DIEM

From George Mason economist Tyler Cowen writing in today’s NY Times:
There has been plenty of talk about “predatory lending,” but “predatory borrowing” may have been the bigger problem. As much as 70% of recent early payment defaults had fraudulent misrepresentations on their original loan applications. One study looked at more than […]

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