Most Read Realitybase Posts in December
Recent posts:
US job creation has been declining since April 2000 and is now in freefall. (features a dramatic graph)
This made me laugh (Sarah Palin)
Larry Summers says US wages can rise only for those in "inherently local" activities. (meaning we're officially doomed)
Oldies but goodies:
The American Dream died in February 1973 (includes graphs from multiple sources all showing stagnation of inflation-adjusted middle class incomes since the 1970s after steady and substantial post-WWII growth)
The Citigroup Plutonomy Memos (key quotations from documents that are being disappeared)
One chart refutes three myths about US foreign trade. (about Smoot-Hawley, the post-WWII export "boom," and "self-balancing" trade)
Comparative Advantage—The Unicorn of Free Trade (a collection of sources and analyses demonstrating that classic Ricardian theory rarely if ever aligns with real-world conditions)
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