The Radford Free Press – Page 461 – All life is problem solving.

Health Care: Where Do We Rank? [Hint: Not High]

August 19, 2009

Now that the ‘debate’ over health care has calmed somewhat from the ludicrous to the merely ridiculous I thought it might be timely to inject a little actual research into it. You know, like, facts. The problem with the ‘debate’ is that it is not a ‘debate’ at all. On one side we have reformers […]

Economics / bailouts, bank reform, banking, financial system reform, Goldman Sachs, Keynes, Minsky, moral hazard, regulation, stress tests, Tier 1 Capital /

Moral Hazard and Banking

August 19, 2009

What an odd day. Clearly all our statisticians are at the beach because there is no data release of any kind today. So we can all take a break from the stress of trying to figure out what the entrails mean and relax a little. But wait. The immediate danger of depression is behind us, […]

Economics / commercial real estate, consumption, deflation, housing starts, inflation, recession, recovery, stimulus, wholesale inflation /

Housing and Prices: Slow, and Slower

August 18, 2009

There isn’t much to discuss in this morning’s release of new home starts: they fell very slightly from June’s annualized rate of 587,000 units a year to 581,000 units a year. No big deal. The more interesting question is whether we can say anything about the longer term based upon this data. Probably. It looks […]