Submitted by CARPE DIEM

The chart above shows graphically the negative relationship between state population growth using Census data available from the WSJ here, and state tax burden data available from The Tax Foundation here, both for 2007.
The OLS regression results above further verify that the negative relationship between state population growth and state tax burden […]

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Submitted by unsettling economics
I have just finished an interesting new book: Nasaw, David. 2007. Andrew Carnegie (New York: Penguin), which caused me a bit of embarrassment.
In Railroading Economics, I emphasized Andrew Carnegie’s role in paying careful attention to the production process of steel in contrast to they banker-like perspective of the Morgan crew, which took […]

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Submitted by A Dash of Insight
In yesterday’s article we covered one of the biggest challenges in trading and investing: How to react when there is dramatic news. We took the Bhutto assassination as an important example.
While we (atypically) missed Art Cashin’s observations on CNBC, our analysis drew heavily from watching him and reading […]

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Submitted by Businomics Blog
Starbucks began with a willingness to experiment, according to Taylor Clark’s new book, Starbucked: A Double Tall Tale of Caffeine, Commerce, and Culture. The book begins with a story from when the company had only eleven stores. The Vancouver BC store was at capacity, and another location in the city […]

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Submitted by Businomics Blog
In updating my economic forecast for the new year, I surprised myself. I walked into the spreadsheet moderately gloomy (I thought) and plugged in conservative numbers. Out came a fairly pleasant forecast:

There’s weakness in the current (fourth) quarter, and then things look better. I did put some dreadful numbers […]

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Submitted by A Dash of Insight
The market reacts to events. Should you?
The assassination of former Prime Minister, Benazir Bhutto, is a loss for Pakistan and a blow to the transition to democracy taking place there. While investors and fund managers may have sympathy for those with personal stakes in these events, these thoughts […]

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