In the past fifty years too many people used to buy things they didn't need with money they didn't have.

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Latest News

17 November, 2009: Hunger in Amarica: Read the newest report on the 49 million Americans that experience a lack of food.


15 November, 2009: An easy way to make lot's of money - the American way. Read how a benign looking auction can fool the most rational consumers.


7 November, 2009: Unemployment the highest since the Great Depression! The number of official and unofficial jobseekers surpassed 17% in October. This interactive chart lets you find the unemployment rate for different segments of the population.


14 October, 2009: Ever thought that intelligence could be bad for society? Read a very plausible take on the cause of the 2007 crash.


18 September, 2009: California unemployment rate hits 12 percent! Read more.


17 September, 2009: Fed Chief Ben Bernanke declares the recession is "likely" to be over, although job losses may continues, i.e. unemployment will keep rising.


16 September, 2009: The story of Applied Materials, the company that switched to the production of solar panel manufacturing machines: 95% of their production is for non-U.S. countries. Read more about what is wrong with our alternative energy policies.


16 September, 2009: More on poverty: Median household income fell in 2008 to $50,300 from 52,200 in 2007. Meanwhile, from 2002 to 2007 the top 1 percent of households (those making more than $400,000 a year) received two-thirds of the nation's total income gains. Read the full story.


©PBeckmann September 2009
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