online archive
4:00PM
OCT 16 2007
Life in the Second Guilded Age
From The New Yorker, if you can make it here: James Surowiecki reviews The Warhol Economy by Elizabeth Currid. From The New York Times Magazine, a special issue on City Life in the Second Guilded Age, including The Capital of Capital No More? New York has reigned for years as the world’s financial center, but now it had better get used to sharing the wealth. From Economic Principals, a review of The Confiscation of American Prosperity: From Right-Wing Extremism and Economic Ideology to the Next Great Depression by Michael Perelman. A review of The Big Con by Jonathan Chait. From Buzzflash, an interview with Paul Krugman on The Conscience of a Liberal (and another interview and more). Michael Kinsley reviews The Age of Turbulence. What is one to make of the criticisms of Greenspan’s tenure at the Federal Reserve? Brad DeLong investigates. Only a recession makes sense: Economic growth is a political sedative, snuffing out protest as it drives inequality—it is time we gave it up.
