barry ritholtz

An example of the mad climate change debate, showing America’s dysfunctionality

By / 10 Comments / 11 May 2019

Summary: In 2008 I first wrote about the climate change public policy debate as an example of the increasing dysfunctionality of America’s ability to see, understand, and act upon our changing world. Despite the attention of our most intelligent and educated people, the problem has grown worse. This post provides yet another example, ground-level reporting …

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In Friday’s job report you’ll see early signs of the robot revolution!

By / 20 Comments / 7 February 2014

Summary:  Employment growth has been the slowest of any post-WW2 recovery. But a greater problem lies ahead — the robot revolution. The next wave of automation, affecting both manufacturing and the far larger population of service workers.  Here’s a status report on its early phase, already in motion.  At the end are links to other …

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How big is the bailout (aka “world’s greatest heist”)?

By / 8 Comments / 29 November 2008

Before we go to the main event, please ponder this quote of the day from The King Report (subscription only): Paul Volcker’s chief purpose {in the Obama Administration} is to give the appearance that he will persuade Obama to remove the excess credit at the appropriate time. … Resurrecting Volcker during the most wanton monetary policy …

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“Idiots Fiddle While Rome Burns” – comforting and facile rhetoric

By / 16 Comments / 18 September 2014

Now that the housing crisis is visible to all, let’s do what 21st century Americans do best:  point the fickle finger of blame at someone else. “Idiots Fiddle While Rome Burns“, Barry L. Ritholtz, posted at The Big Picture, 16 July 2008 — Bold emphasis added.  Excerpt: The collection of ne’er do wells, clueless dolts, political hacks, …

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