The Radford Free Press – Page 260 – All life is problem solving.

Economics / economic theory, government spending, Greg Mankiw, marginalism, stagnation, Tyler Cowen /

Cowen’s Stagnation Muddle

December 8, 2011

Tyler Cowen created quite a stir earlier this year with his depressingly entitled “Great Stagnation”. He issued it as an electronic book, but such was the fuss that it was later published in the old fashioned way. I am ashamed to say I bought it only when the paper version was available. In a way […]

Economics / ADP Employment Report, jobs, stimulus, unemployment /

Unemployment: Better? Or Worse?

December 2, 2011

Here we go. The immediate reaction to this morning’s announcement that the US unemployment rate dropped to 8.6%, its lowest level since 2009, is one of excitement and relief. On the surface, which is where the mainstream media seems to dwell permanently, things look as if a corner has been turned. Those who are politically […]

Economics / Case Shiller Index, consumer confidence, consumption, GDP, home prices, inflation, interest rates, pending home sales, real estate, retail sales /

Midweek Round-Up

November 30, 2011

This is getting monotonous: leave the news for a few days – as I did over the weekend until yesterday – and nothing much changes. We live in an era of economic nuance rather than change. Except for the Euro, of course, but that’s for tomorrow. Today let’s catch up on the data so far […]

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