Good Entropy

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07/11/2006

Is Wal-Mart Good for the American Working Class?

by @ 11:51 pm. Filed under economics, Human Nature

Is Wal-Mart Good for the American Working Class? – One last response, I promise. By Barbara Ehrenreich and Jason Furman

Reihan Salam says it all

by @ 11:17 pm. Filed under economics, Human Nature

Asymmetrical Information: Reihan Salam says it all

I read “Nickeled and Dimed”, and was impressed by its detailed description of life at the bottom . . . and completely unimpressed by its economic illiteracy, paternalistic snobbery about the people she worked with, disdain for her customers, bizarre fantasies about the motives of middle-class consumers, and her complete and total lack of even a vestigial sense of humour. Her dialogue with Jason Furman has not improved any of these opinions.

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