Category Archives: Sociology

Lets get this settled, economists are not weather forecasters. They are forward thinkers, and you should listen to what they have to say.

The lines below are mostly a response to opinions expressed by a few close friends after many vigorous debates over the value that economists provide and the role that they offer in the current discussion about income inequality… To my dear friend who contends … Continue reading

Posted in Business, Democracy, Diplomacy, Economics, Foreign Affairs, Globalization, Politics, Society, Sociology | 1 Comment

JOLTS Data: Openings & Hires with Stock-Vacancy Ratios

The BLS has a program called the Job Openings & Labor Turnover Survey (JOLTS) that tracks and publishes data on job openings, hires and separations. I find this data interesting and one that can elaborate more on what is going … Continue reading

Posted in Economics, Human Resources, Labor, Sociology | Tagged , | 1 Comment

Democracy and Its Discontents

David Brooks of the New York Times just wrote an interesting piece about the political problems facing the United States and the European Union.  He writes that both the U.S. and the European Union are facing a situation where two political … Continue reading

Posted in Business, Democracy, Law, Macro, Politics, Ruminations, Society, Sociology | Leave a comment

Using Credit Checks for Employee Screening – Slippery Slope

The Times and NPR have written recently about employers using credit checks as an additional means to screen potential new hires.  I’ve heard about these on rare occasion but it seems that a trend may be developing whereby one’s personal … Continue reading

Posted in Business, Daily News, Human Resources, Labor, Law, Politics, Ruminations, Society, Sociology | Leave a comment

Zero Sum Real Estate

Back in the late 90’s and early 2000 the rage was making a quick buck in the stock market. You could throw a dart at a moving stock ticker and still make money. Authors, talk show hosts, and other ‘experts’ … Continue reading

Posted in Arbitrage, Business, Daily News, Economics, Finance, Macro, Mathematics, Real Estate, Ruminations, Sociology, Statistics | 1 Comment

What happened to "The Buck Stops Here"!!!!!!!

President Truman must be rolling in his grave.  We have become a society enthralled with the notion that responsibility lies…… way over there.  Burn yourself on HOT coffee at McDonalds?  Easy, just sue them for serving you hot coffee.  Suffer … Continue reading

Posted in Business, Daily News, Economics, Politics, Real Estate, Society, Sociology, Stocks | Leave a comment

Creativity & Innovation within the Workforce

Some random thoughts… How do you quantify a human’s ability to create? To Innovate? Within the framework of employment, how does the neoclassical view account for this value? If I were a manager with a neoclassical economic view, I would … Continue reading

Posted in Business, Economics, Society, Sociology | Leave a comment