How the World Works

By Andrew Leonard

Posts on Thursday, October 9, 2008

Return of the Long Depression
Risky mortgages, a rising new industrial power across the ocean, and banks unwilling to lend to each other. In 1873.
Laissez-faire: Rest in peace
Oh what the heck: Let's just nationalize the banks and get it over with. Sure, says the Treasury.
Dow disaster -- down nearly 700 points
Panic rules: The Dow Jones Industrial Average closes under 8,600.
Coping with a crazy-making economy
Crashing stock markets and imploding banks aren't so great for the mental digestion. But we'll get through it.

Currently in How the World Works

A big, fat "I told you so" from Joe Stiglitz
Eighteen years ago, he warned of the "perverse incentives" implied by mortgage securitization.
Thursday, Dec 4, 2008 23:44 EST
Marxist-Leninist Mao Zedong Ultraman to the rescue!
Who will dominate the ideological information technology battle of the future. The U.S.? China? Or is the game already over?
Thursday, Dec 4, 2008 21:29 EST
A second act for Eliot Spitzer
America: Land of the free, home of the forgiving. No matter what you do, there's an online column gig waiting in the wings
Thursday, Dec 4, 2008 18:07 EST
How national healthcare could have saved Detroit
The Big Three blame legacy retiree benefits for crippling their business. But it's their own darn fault.
Thursday, Dec 4, 2008 02:19 EST

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About How the World Works

A conversation about globalization.

Recent Posts

Marxist-Leninist Mao Zedong Ultraman to the rescue!
Who will dominate the ideological information technology battle of the future. The U.S.? China? Or is the game already over?
A second act for Eliot Spitzer
America: Land of the free, home of the forgiving. No matter what you do, there's an online column gig waiting in the wings
How national healthcare could have saved Detroit
The Big Three blame legacy retiree benefits for crippling their business. But it's their own darn fault.

Full Archive

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