The Radford Free Press – Page 220 – All life is problem solving.

The Glenn Hubbard Scandal

October 29, 2012

There isn’t one of course. But there ought to be. In my mind, and I admit I am probably alone in this, Glenn Hubbard represents all that is wrong with the economics profession. Were there a scintilla of an ethical standard in economics Hubbard would be the first person disbarred. OK. That’s harsh. But allow […]

Economics / consumer confidence, consumption, demand, economic policy, incomes, inflation, plutocracy /

Consumer Spending Ticks Up

October 29, 2012

While we hunker down waiting for hurricane Sandy to churn its way inland we can ponder today’s consumer spending report and its attached reading on inflation. It seems that consumers have settled down over the past few months and been more willing to go to the stores. Spending rose 0.8% in September whereas personal incomes […]

Weekly Summary /

Weekend October 26, 2012 – Useless Policies

October 26, 2012

This was a week during which all intelligent discussion ceased. There’s an election going on – when isn’t there? – and so no one can make sensible suggestions about policy for a while. Instead we are treated like children to pablum. Politicians, it seems, really don’t want to get involved in the hard stuff. They […]

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