For the fifth straight night, rioters have broken windows and set fire to cars in neighborhoods around Stockholm, Sweden. The violence is drawing renewed attention to the interplay of immigration, economics, and government in Europe.
Last week the Harvard professor said that Keynes came up with bad economy policies because he was gay and childless. Ferguson eventually apologized, but in an open letter in Tuesday's Harvard Crimson, he dug in further on the substance of his claim, that Keynes' sexuality influenced his economic policy.
Harvard professor and prominent Daily Beast columnist Niall Ferguson is now apologizing for saying economist John Maynard Keynes' theories about surplus and deficit spending were somehow shaped by that fact that he was gay and childless. Which is great, except that it may not be that sincere. He's made the argument before.
As the world turned in the 24 hours since two explosions went off around 3 p.m. Monday, most of the world's attention turned to the aftermath in Boston. But other things were happening, believe it or not, so here's a quick primer on what you may have missed.
A tremendous thing happened in the weird world of bitcoin on Thursday. For the first time in the currency's history, the total value of all bitcoins in circulation topped $1 billion. That's right: A billion bucks, right out of thin air.
Unless they're independently wealthy, I don't believe anyone should work for free. However, I will admit that I have written for free. And I continue to do so somewhat compulsively.
New research from the economists at Delta Dental suggests that last year was the second-best year of all-time to lose all your teeth, provided you have access to a Tooth Fairy.
Wall Street banks paid out nearly $122,000 in bonuses per banker last year, an increase of 9 percent over 2011 — and some 142 percent of the last available median household income recorded in this country.
Nearly a month ago, Sandy slammed onshore and ruined things for a lot of people on the East Coast. The job market has now officially fallen victim as well, with unemployment claims hitting 410,000 today.
In October we saw the highest Consumer Sentiment rating in five years. Guess what? We just topped that.
There's a study out there by the National Bureau of Economic Research which should strike fear in the heart of any dweeb patiently waiting for his Count of Monte Cristo moment. The study says those popular kids, like that no-good prom king who may or may not have made your high school life awful, will actually out-earn you because they're so freaking likable.
The Nobel Prize for Economics has been awarded to Americans Alvin Roth and Lloyd Shapley for work that has helped to craft more efficient and stable markets.
Thanks to U.S. banks upping fees and modifying minimum-balance rules, so-called "free checking" accounts are the most expensive they've ever been in history.
Vogue's September issue is so legendary they made a movie about the 840-page September 2007 doorstopper and its 727 ad pages, so the fact that this year's 916-page issue includes 658 pages of ads ought to tell us something, right?
Because Mitt Romney running mate Paul Ryan is such a budget hawk, you can expect the attacks on him and by him to be some of the wonkiest in a presidential election in recent memory, with Ryan's economic skills taking the spotlight.
Paul Krugman didn't call out colleague Andrew Ross Sorkin by name, but when the Nobel prize winning economist and New York Times columnist dismissed a group of CNBC interviewers as having "zombie ideas" in his blog Wednesday, that group included Sorkin.
This morning we were greeted by some pretty dismal retail sales figures, but according to Yahoo's Daniel Gross, you shouldn't fret just yet.
Despite the fact that China's been cast in the role of an economic boogieman—last month, Mitt Romney called the country a cheat and a job-thief at an appearance in Ohio—the country's economy is actually slowing down.
Sure, everybody had fun mocking bankers for complaining about losing their bonuses last week, but the high-finance types just got some legitimately troubling job news: A new estimate from a New York City budget watchdog says bonuses on the street fell by 25 percent, and lots of layoffs are just around the corner.
If one thing is clear about rich people, it's not that their lives are any easier than the rest of ours. In fact, if anything, it's hard to have money.
The scariest prediction we've seen so far for what happens if the euro zone falls apart comes from Citigroup's Willem Buiter, who argues all that's at stake in the debt crisis is a global depression, war, and a European continent as divided as it's ever been since the fall of the Roman Empire.
Initial unemployment benefits claims have dropped again, this time to 388,000, down from last week's 393,000, according to the Department of Labor's numbers this morning.
The Dow dropped 389 points today to close at 11,780, while Nasdaq and S&P saw dives over 3 percent. The weakness is being blamed on Europe "as the realization sank in that Italy now must find a new political regime stable enough to implement painful cutbacks and tax increases."
It's not like China or Russia are looking at your embarrassing purchases or the hours you spend watching cat videos--it's all about economics.
Cartoonist Tony Auth on America's big banks.
Hundreds of police gathered at Frank H. Ogawa Plaza in Oakland at around 3 a.m. on Tuesday and in two-and-a-half hours, the two-week old tent city was gone.
Goldman Sachs, the U.S.'s largest investment bank, lost $428 million during its third quarter, reports Reuters.
He's polling well, but even conservatives are scared of his economic plan
Many suspected Alessio Rastani's ghoulish market outlook of being a Yes Men prank
Cartoonist Steve Benson on 'class warfare'
The Princeton economist's scholarly background
The central bank lacks the tools and internal resolve to act, say some
Weak economic data has spooked markets, sending the Dow down 275 points
A weak growth report comes as world markets were looking for contingency plans
The investment bank hoards aluminum and collects rent on it
Cartoonist Lisa Benson on the White House's greeting for House budget plans
Obama's pace in Libya, debate over Keynes, and an island nation in trouble
Declare Bankruptcy! Invoke the 14th Amendment!
The bank, the American people and the lawyer who brokered the deal all did well
President Obama's economic brain divulges his love for hard data and Us Weekly
Unenthusiastic reactions greet a 'glum' speech to the International Monetary Fund
Morgan Stanley estimates half of the month's 54,000 new jobs are at the food chain
Nobody thinks today's employment report was at all good
He cost lives, money, time, and a Florida Gators football championship
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