The Radford Free Press – Page 263 – All life is problem solving.

Economics / jobs, stimulus, unemployment /

Unsound Bites

December 8, 2011

It’s been a long day. So at first I thought I must have misunderstood the meaning of today’s Republican prevention of action on unemployment. I didn’t. And that’s sad because it was stupid. Here’s the unsound bite: The GOP is trapped. The payroll tax cut introduced a while back is up for renewal. In general […]

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 […]

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