Submitted by CARPE DIEM

Not a lot to be thankful for in Chavez’s Venezuela….
CARACAS, Venezuela — The lines formed at dawn and remained long throughout the day — hundreds upon hundreds of Venezuelans waiting to buy scarce milk, chicken and sugar at state-run outdoor markets staffed by soldiers in fatigues (see photo above).
President Chavez’s government is […]

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Submitted by CARPE DIEM

George Mason’s Russ Roberts at Cafe Hayek had this post yesterday about data from the Census Bureau’s annual American Housing Survey that shows significant progress in living standards for Amercian households below the poverty level.
As Russ points out “Supposedly, over the last 20 years, all of the income gains have gone […]

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Submitted by Econbrowser
As part of its ongoing efforts at helping the public understand exactly what its intentions might be, the Federal Reserve today released more detailed minutes of its October 30-31 meeting that included the Fed’s expectations for what comes next.
Evidently each governor and reserve bank president was asked to provide his or her projection, […]

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Submitted by A Dash of Insight
Occasionally we take up a series of topics where we have a comment, but not a full-length article. As we head into the holiday period (including some travel and lighter posting) there are some topics that deserve special mention.
The Key Market Question
Is the US economy about to enter a […]

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