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POPSThe Stings of Poverty Article about an argument by Charles Karelis that traditional economics do not apply to poor people. He outlines his argument in The Persistence of Poverty: Why the Economics of the Well-Off Can't Help the Poor .
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POPSMost US Economists Confirm Recession <<<Not all economists believe a recession is here. Rich Yamarone, director of economic research at Argus Research Corp. in New York, said the dip in the unemployment rate and an increase in credit card borrowing reported yesterday by the Fed, show the job market and consumers still have some staying power. "Not all the economic data suggest a recession," Yamarone said. But, he conceded, "That's getting harder to defend.">>>
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POPSCommodity Prices Soar coffee, cocoa, palm oil. Money to be made from these notoriously 'unethical' products. If people really give a damn maybe now is time for a bit of sacrifice.
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POPSBanking Crisis: Worst to Come These new regulations require banks to show how much cash they actually have. Very inconvenient. As with all recent economic concerns the worry comes not from screaming lefties, greenies etc but from sober, conservative economics commmentators. Time to buy a caravan.