Monthly Archives: December 2012

One possible economic risk in 2013: a “debt-ceiling” negotiation

I am optimistic about US economic chances in 2013 and beyond: on energy, housing, production, even possibly the labor market. But optimism — which is a feeling — should also be a credible, reasonable thought. So the opposite of any … Continue reading

Posted in an actually thriving labor market, debt, democracy, economic recovery, macro-economics, political sociology, politics | Leave a comment

Jonathan Chait negative on emerging fiscal cliff deal

Jonathan Chait at New York Magazine comes out with two negative takes on the seemingly emergent fiscal cliff deal, first “Why is Obama Caving on Taxes?” (link) and then “Obama’s Deal is Possibly Not a Terrible Deal” (link). He uses … Continue reading

Posted in an actually thriving labor market, conservative movement, democracy, macro-economics, political sociology, politics, The End of the GOP | Leave a comment

Ezra Klein on Republican Party paralysis

Ezra Klein, the Washington Post “Wonkblog” editor, on the Republican Party’s stunning reluctance to give the details, any details, behind their demand that government “cut spending” (link): Today’s Republican Party thinks the key problem America faces is out-of-control entitlement spending. … Continue reading

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Zachary Karabell on the “bright side” of falling off the fiscal cliff

Zachary Karabell, author of Sustainable Excellence: The Future of Business in the 21st Century (2011-link), has a piece at The Atlantic (link) making a case for the “bright side” of falling off the so-called fiscal cliff. Not sure how much … Continue reading

Posted in advanced capitalism, an actually thriving labor market, economic recovery, macro-economics, money velocity, the great contraction, the great contraction 2007-2012 | Leave a comment

Treasury bills held by commercial banks: my thoughts

One of the interesting things about the data in the previous post (can click here), is how a reduction in US treasuries held by US commercial banks preceded both the most recent economic recessions. I am not, repeat not, suggesting … Continue reading

Posted in advanced capitalism, an actually thriving labor market, economic recovery, macro-economics, money and finance, the great contraction, the great contraction 2007-2012, Uncategorized | Leave a comment

Treasury bills held by commercial banks, 1947-2012

Thank goodness for St Louis Fed data (general link). Here’s a good piece of data. Treasury and Agency Securities at all commercial banks, 1947-2012 (specific link):  

Posted in 2007-2012, advanced capitalism, debt, macro-economics, money and finance, the great contraction, the great contraction 2007-2012 | 1 Comment

Sociology of business: contemporary perspective (part two)

Earlier today I asserted that “sociology’s natural client base is undergoing a shift from government and social services trying to treat broad populations, to private-sector actors and entrepreneurs trying to engage particularized audiences” (link). I contend this shift is a … Continue reading

Posted in accounting, advanced capitalism, intellectual property, theoretical drivel | Leave a comment