Submitted by Econbrowser
Last week’s trade release induced some wide-ranging thoughts, that spurred more questions than answers. In an experimental post, I’ll pose some questions that I hope readers will help me answer.
Continue reading “Musings on the Trade Release and Consumption Theory”
Visit 1800blogger to see all of our industry leading blogs.

Rating 3.00 out of 5

[?]

continue reading.....

Submitted by A Dash of Insight
Since Jeff is traveling, I’m providing the weekly ETF update.
~Renae
Over the last several weeks we have tried to highlight some important aspects of ETF trading. Each week has emphasized a different principle. Taken together, the points below are a handy guide for ETF […]

continue reading.....

Submitted by CARPE DIEM
In a study by Federal Reserve economist Arthur Kennickell titled “A Rolling Tide: Changes in the Distribution of Wealth in the U.S., 1989-2001,” he looks at the considerable amount of churning that take place in the composition of the annual Forbes 400 list of the richest Americans.
Of the 400 people in […]

continue reading.....

Submitted by The Capital Spectator
It should come as no surprise to learn that headline inflation continues to creep higher. The Federal Reserve has been aiding and abetting this trend for some time now, as these pages have long suggested.
This morning’s update on consumer prices advises that inflation is now running at a 3.5% annual pace […]

continue reading.....

Submitted by EconWeekly
The Wall Street Journal is warming up to my idea that the Federal Reserve should stop caring about growth. In an editorial today, the newspaper says that “the Full Employment and Balanced Growth Act of 1978 deserves to be repealed. Also known as the Humphrey-Hawkins, this is the law that mandates that the […]

continue reading.....

Submitted by CARPE DIEM
As coercive monopolies that spend other people’s money taken by force, governments are uniquely unqualified to solve problems. They are riddled by ignorance, perverse incentives, incompetence and self-serving. The synthetic-fuels program during the Carter years consumed billions of dollars and was finally disbanded as a failure. The push for ethanol today is […]

continue reading.....

Submitted by CARPE DIEM
From today’s WSJ editorial, a 2-step plan to improve monetary policy and avoid monetary-induced cycles of booms and busts in the housing and financial sectors.
Step 1. Repeal the Full Employment and Balanced Growth Act of 1978.
Also known as Humphrey-Hawkins, this is the law that mandates that the Fed consider both […]

continue reading.....

Submitted by CARPE DIEM

DETROIT — Bad news on the automotive front pushed Michigan’s October unemployment rate up to 7.7%.
The jobless rate is the state’s highest in 15 years (see chart above, click to enlarge), two-tenths of a percentage point higher than September’s rate, and it almost certainly guarantees that Michigan will continue to post the […]

continue reading.....

Submitted by Businomics Blog
Read the first two paragraphs of this Wall Street Journal book review:
Set big goals. Do whatever it takes to reach them. These muscular sentences form the core of commencement addresses, business-advice books, political movements and even the United Nations approach to global poverty. In “Strategic Intuition,” a concise and entertaining treatise on […]

continue reading.....

Submitted by CARPE DIEM

WASHINGTON, DC – The Wireless Association announced yesterday that the total estimated wireless cell-phone subscribership in America officially passed the 250 million mark, reaching an all-time national high. Growth in subscribership has more than quadrupled over the past ten years from just over 55 million at year-end 1997 to more than 250 […]

continue reading.....

Submitted by CARPE DIEM

On a previous post, I wrote about the significant difference in sentencing for powder cocaine possession compared to crack cocaine (powder cocaine + baking soda) possession. Wow, you add a little baking soda to 5 grams of powder cocaine and you’re going to jail for 5-years, compared to getting caught with 100X […]

continue reading.....