The Radford Free Press – Page 186 – All life is problem solving.

Do We Need Economists?

May 1, 2013

Not if you listen to Carmen Reinhart and Ken Rogoff (R-R) who continue to wallow in a controversy of their own making. As you are aware these are the economists whose research has, along with similar work, been the intellectual underpinning for much of the hyperventilating by right wingers about the evils of high levels of […]

Economics / Case-Shiller Index, home prices, monetary policy, real estate /

House Price Fever?

May 1, 2013

Yesterday’s news that the Case-Shiller index continues to move upwards is not necessarily good. The index shows that home prices rose another 0.3% in February bringing the increase since that time in 2012 to 9.3%. That’s the fastest annual rate of price increases for six years. The winding down of foreclosures, low interest rates, and […]

Economics / austerity, business investment, consumption, economic policy, GDP, government spending, growth, inventories, Obama, trade /

More Sideways Than Up

April 29, 2013

The economy just can’t get on a roll. We managed to get passed the slow down of late last year only to run full square into a self-inflicted slow down this year. Ugh. That’s a technical term for ‘I told you so’. The economy, as measured by Gross Domestic Product (GDP) grew at a 2.5% […]

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