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    Economics / bailouts, banking, Goldman Sachs, recession, recovery, risk, stimulus, uncertainty /

    Uncertainty, Uncertainty, Uncertainty

    July 15, 2009

    Well I think it’s safe to come out now. The threat of another depression has passed. Phew. Now comes the hard part. The odd thing about where we’ve just been is that in the depths of the last few months it was easier to act: thinking too far ahead was pointless and formulating proper reforms […]

    Economics / Add new tag, consumption, deficits, jobs, monetary policy, Reagan, stimulus, unemployment /

    Catching Up: Grab Bag

    July 13, 2009

    First of all an apology to you all: I haven’t posted anything for a few days. While I’d like to say that was because I was on vacation, the real reason was a mysterious technical outage. Apparently Time Warner Cable decided to take some time off. That’s a monopoly for you. Leisurely system upgrades during […]

    Economics / recession, recovery, stimulus, unemployment /

    Unemployment: Very Mixed

    July 9, 2009

    Today’s employment report from the Department of Labor has an odd feel to it. The figures are always adjusted for seasonal factors so whenever we read about the ‘new claims for unemployment assistance’, we are not looking at the raw data, but at a figure manipulated to offset any peculiar and recurring movements. The typical […]

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