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    Economics / inflation, unemployment, wages /

    Production, Inflation and Wages: More of the Same?

    July 15, 2009

    The data so far this week has simply added to the feeling that while things are getting worse less slowly, they are still a fair way off actual improvement. The data is sparse, so I won’t spend much time on it. Industrial production continues to decline, it fell another 0.4% in June. The decline is […]

    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 […]

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