The Radford Free Press – Page 319 – All life is problem solving.

Productivity Grows. So What?

March 3, 2011

Sometimes it takes a very long time for reality to clash with long held beliefs. No amount of discordant information can shake some people from the bits and pieces of “truth” that they carry around with them. This seems to afflict economists more than most. Those dictums based upon orthodox theory die hard no matter […]

Economics /

Ben Meets His Demons, and Waffles

March 2, 2011

That’s what happens when you elect a bunch of radicals. Stuffy old Princeton professors run into the buzz saw of ideological invective. Yesterday our Ben managed to slide through his presentation to the Senate with comparative ease. The Senate is after all much like the Princeton Club. Replete with deferential staff, woody walls, lush carpets […]

Economics / construction, inflation, ISM Business Conditions Index, jobs, manufacturing, recovery, stimulus, unemployment, wages /

Good Stuff? And The GOP Plan To Cut Jobs

March 1, 2011

There are a few interesting pieces of news to report today. My take on them is a little different, so here goes: Manufacturing We heard today that the Institute of Supply Management’s index of manufacturing activity rose yet again. It reached 61.4% in February, up from 60.8% in January, and is now at its highest […]