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Not a blog but a "q-and-a" (pronounced "quanda"), this page is about the basics of economics. Its premise: there are no stupid q's. And if some a's seem dim, take heart: I can brighten them up in response to objections, corrections, refinements. Comments on posts feature yours, and my responses. Enough of you now frequent and query the quanda that I post most every day. Haven't seen your q yet? Send it again. All a's should be taken with a shaker of sodium chloride, if not a Lot's-wife's-worth. And speaking of salt, the mustache and "hair" in the photo has a lot less of that condiment, and rather more pepper, than can be seen on TV. Think of it as time travel.

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"We Want Our Money Back"

A story about clawbacks slated to run on the NewsHour tonight features a protest disrupting a speech by Goldman Sachs CEO Lloyd Blankfein. Yesterday, the protesters struck again during a session with Larry Summers, unfurling a big pink banner behind him with the words "We Want our $$ Back." Check out the video:

Here's a write-up from the Washington Post and a Reuters dispatch on Summers' hedge fund pay, which prompted the protest .

Shame seems to be the weapon of choice in the clawback struggle these days.

-- Posted April 10, 2009 | Comments ( ) | Permalink

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