Recent Economics Posts
OMCs and the Rube Goldberg Machine
The push to extend Old Maid Card maturities begins: next week we are seeing 3, 10 and 30 year coupons.November 9, $40 Billion 3 YearNovember 10, $25 Billion 10 YearNovember… Read more »
Dear Economist: Why a ‘pointless’ tax cut really counted
When the Chancellor of the Exchequer reduced value-added tax from 17.5 per cent to 15 per cent as an incentive for consumers to spend, there was a widespread view that… Read more »
U.S. Factories Are ‘Grossly Underutilized’
U.S. manufacturing is finally on the mend -- though as many factory bosses are quick to point out, when youre in a hole this deep, everything looks up. Thats certainly… Read more »
Government: Now hiring
A new WPA might not be the best unemployment fix Read more »
What I did today
I just finished presenting Tim's (and Rob's and Kurt's) paper in our Department Seminar Series:Appalachian State University Department of Economics Seminars 2009-2010 All seminars are in Raley 3010 at 2:00… Read more »
Consumer Credit Declines Sharply in September
From MarketWatch: Consumer debt drops for record 8th straight month Outstanding consumer debt fell at a 7.2% annual rate in September, the eighth consecutive decline, the Federal Reserve reported Friday… Read more »
Rethinking the Luddites
Can we handle rapid technological change? Read more »
CRE Report: "Gloomy Times"
Update: A couple points: CRE is a lagging sector (see Business Cycle: Temporal Order), and I make some pretty optimistic comments in the middle of this post. I'll try to… Read more »
"You guys are interested in cow farts, right?"
Well, I'm offended you even had to ask. The title comes from a message from David Zetland (at aguanomics) who, besides asking questions with obvious answers, thinks posts about cow… Read more »
Jobs Report: Something for Politicians of Every Political Stripe
Fridays employment report may not have provided any clear signal as to when the U.S. economy might start creating jobs, but it did have something to offer for politicians of… Read more »