Greece’s Economic Woes Lead to Partial Loss of 30,000 Jobs

30,000 government workers in Greece will be placed on "labor reserve" in 2012 where they will earn partial pay while being laid off from their current positions. According to a deputy minister for the Greek cabinet " "The ... continue

Economics old school hip hop battle schools you, is clever

Via Consumerist comes this entertaining financial market forces joint ("Fear the Boom and Bust") where John Maynard Keynes and F.A. Hayek battle over contrasting economic practices. Pretty well done and impressive: continue

Google searches indicate economy is recovering. Slowly.

Hal Varian, Google's chief economist, has noticed some significant, promising changes trending since March. Unemployment searches are down, real estate searches are up, and temporary employment (which often is a pre-indicator for a recovery in the permanent kind) ... continue

Economics made simple with cows

How do you easily explain varying economic models easily? In an updated take on an old classic, you use cows. This via email so I'm not sure where it came from originally, but it's a good read. ... continue