Submitted by unsettling economics
I very much appreciated the comments from my first posting of the introduction. I have changed it radically. Any more comments would be appreciated.
The Invisible Handcuffs of Capitalism:
How Market Control Undermines the Economy by Stunting Workers
Introduction
Setting the Stage
The Invisible Handcuffs
makes the case that the modern economy has matured to the point […]

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Submitted by EconWeekly
This month will mark the sixth anniversary of the beginning of the current economic cycle in the United States. Although it might be too early for an obituary of this expansion –the chances of a recession by year-end are slim— a mid-life review is surely due. The story, I warn you, may strike […]

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Submitted by CARPE DIEM
It takes faith to believe in global warming.
You need to pretend the sun is not the major factor in how warm Earth is at any given time.
You need to pretend that your choice of light bulb can really impact the temperature of the planet.
You need to pretend deviating temperatures of the past, […]

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Submitted by CARPE DIEM

Thursday Night Lineup
DEBATE: GOLDILOCKS OR RECESSION?…Mark Perry, University of Michigan economics professor and Carpe Diem blogger will join the market panel in a look at what’s ahead for the economy.
Thanks to an invitation from Larry Kudlow, I appeared on a segment of “Kudlow and Company” last night, featuring a discussion based […]

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Submitted by CARPE DIEM

The Washington Post ran an article on Wednesday titled “Oil at Record Price? That Depends“:
Cambridge Energy Research Associates says the record is $99.04 a barrel, a level it said was reached in inflation-adjusted terms in April 1980.
The International Energy Agency agrees that April 1980 was the peak month, but it said that […]

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Submitted by CARPE DIEM

NEW YORK - Motorists filling up their gas tanks will soon be able to find a place to stop for lunch or get printed directions to Grandma’s using a Google Inc. search tool installed on pumps.
The service will begin testing at 3,600 stations across the United States next month.
Visit 1800blogger to see […]

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Submitted by CARPE DIEM
Greg Mankiw has a link to this interesting Slate.com article “An Economist Goes to a Bar“:
The article discusses how two economists and two psychologists conducted a two-year speed-dating experiment at a bar near the campus of Columbia University, and they found these results:
1. Men put significantly more weight on their assessment of […]

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Submitted by A Dash of Insight
What are the immediate market prospects? Traders ask the question many times a day. Individual investors try to time the market, deciding when to make new investments and (sometimes) when to cash out.
Looking at the Major Indices
The conclusion one reaches about the market can be a result of […]

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