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    Economics / jobs, leading indicators, recession, recovery, unemployment, wages /

    More Mixed News

    August 20, 2009

    Today’s data consists of the Leading Indicators index complied by the Conference Board, and the usual weekly report on first time unemployment claims compiled by the government. As has been the case for a while now two different stories are emerging. First the Leading Indicators. The index rose 0.6% last month. Following May’s 1.2% and […]

    Economics / health care /

    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, […]

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