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2 hours ago
Hooray! Paul Krugman has been awarded the Nobel Prize for economics. Here’s why. Bet Bush & Co are pissed off. And already the fruitcake right is spluttering about it.
Tagged: asides
Oct 12, 2008
This morning’s Observer column… It’s not just in Iceland that it has dawned on people that there is a connection between the hallucinatory world of securitised assets and the real world of savings and deposits …
Tagged: observer
Oct 12, 2008
Interesting comment by Peter Preston on the BBC’s Business Editor, Robert Peston. On both sides of the Atlantic, destitute bankers are looking round for someone to blame. ‘Did the media spook the market?’ asked Tina …
Tagged: blogging, media ecology
Oct 12, 2008
Thoughtful piece by James Robinson about why even the specialist media were taken aback by the banking crisis. Should City editors and economics correspondents have predicted it? Alex Brummer, the Daily Mail’s …
Tagged: asides
Oct 11, 2008
Scary column by Michael Tomasky about McCain’s tolerance of crazed racism and bigotry. It’s the cornered rat syndrome. It built up over the course of the week, as supporters at the rallies of John McCain and Sarah …
Tagged: politics