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    Economics /

    Are We There Yet?

    September 5, 2011

    Where? At the point where we dip into a second recession. No. This is despite last Friday’s abysmal employment number. For those of you distracted by storms and earthquakes: the US economy added no jobs – as in zero – last month. That is appalling. Terrible. Corrosive of our national wealth. It is outrageous. It […]

    Commentary /

    A Couple Of Questions

    August 30, 2011

    I, like many of you, spend a lot of my summer reading. Unlike you I read economics books. Which, it turns out, is usually less than edifying. But it does spark me to ask questions. And as you all know I like asking awkward questions. Especially of economists. So here are two. In a book […]

    Economics / consumer confidence, consumption, inflation, jobs, stimulus, unemployment /

    Confidence Sucks

    August 30, 2011

    Having survived an earthquake and a hurricane within a few days of each other I have a feeling that the economy cannot throw up much to upset me. Neither of those events amounted to a great deal here in New York City: the enormous energy spent by our various bureaucracies and breathless media in the […]

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