At this moment – at the culmination of an age of unfettered capitalism and the dawn of an era of government activism – we are begged to consider the constitution of our financial markets. I think we can all agree that capitalism is an intoxicating brew, and, like other fine ales, it’s capable of eliciting the best and worst attributes within our collective human character.
Archive for January, 2009
On Jan. 26, 2009, 50,000 people in the United States were laid off. On Jan. 27, the American Federation of State, County and Municipal Employees on UCSB’s campus asked for a $6,000 raise per employee as unemployment hit a record high of 9.3 percent in California, 2 percent higher than the national average.