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    • Collapse of oil prices and the Russian Ruble
      These are the same thing.  Russia sells oil to the world, and their currency is based on the price of oil.  (It is for this same reason that the Canadian dollar has been sliding.) Putin has been a competent leader for Russia in many ways, but the failure to diversify the economy from oil is [...]
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What has Krugthulu been up to lately?

He’s been pimping his book, End This Depression Now!.  He’s been getting a lot of publicity lately and has been on a book tour in Europe and here.  I found this youtube video of Paul giving a short presentation on his book and doing a Q&A in Cambridge, MA.  For an economist, he’s very entertaining and funny.  I like his upbeat optimism.

Here’s hoping his book is wildly successful and that the working class (that would be all of us not living on our investments, O Best Beloved) encounter him in their travels across the media spectrum.  I fear he is a tiny voice in the wilderness unless he hits #1 on Amazon.

Disclaimer: You don’t need to order it from Amazon.  You can buy it at Barnes and Noble.  I saw it there yesterday.  You can probably get it at the Princeton Book Store, if you’re so inclined.  Or iTunes.  Whatever frosts your crockies.  I only mention Amazon because their top ranked booklist tends to get a lot of attention and maybe some economically and politically naive person might stumble on it.  Let’s not make this a diatribe about how evil Amazon is as a corporation or, you know, foolish consistencies, hobgoblins and all that.

{{rolling eyes}}

AND I WEAR NIKES!

So there!

(about an hour but it goes very quickly if you’re doing other things while you’re listening)

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