Submitted by CARPE DIEM
From Delta Airlines website:

Today, when you book a flight on Delta.com, you can make a contribution to The Conservation Fund’s Go Zero program to plant trees to offset the carbon emissions that result from your flight.

Now you can calculate your estimated annual emissions from airline miles and your personal carbon footprint […]

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Submitted by Econbrowser
Could the phenomenal growth train get derailed?
I remember my colleague Clive Granger telling me over a year ago about the conversations he had with people when traveling China. Everyone he spoke with seemed to believe that (1) the Chinese stock market was at that time experiencing a bubble that was going to burst, […]

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Submitted by CARPE DIEM
It is a commonly held view that the American worker has not shared in the phenomenal economic growth since the late 1970s, and data like the chart below are often cited to show that median household income is falling farther and farther behind gains in productivity:
But the Heritage Foundation’s James Sherk reminds […]

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Submitted by Businomics Blog
Myth: “The used car market is recession-proof, because when times are hard, people buy used cars.”
CarMax, the large used car chain which reported a steep drop in earnings last quarter, now says that the price of used SUVs and trucks is falling sharply.  Although it was not in the news story, the […]

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Submitted by CARPE DIEM
In an interview with The Wall Street Journal, Barack Obama said that he was trying to put together tax and spending policies that dealt with two challenges. One is the competition from rapidly growing developing countries, like India and China. The other: the U.S. becoming what he called a “winner-take-all” economy, where […]

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Submitted by A Dash of Insight
The BLS collects and publishes a massive data collection.  No single researcher can appreciate all of it, but there is something there for nearly everyone.
There is a problem that can come from too much data.  Journalists must make choices about what to report.  How does one determine the real story?
Background:  […]

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Submitted by CARPE DIEM
Are these the prosperous workers Obama had in mind?
“Globalization and technology and automation all weaken the position of workers,” Barack Obama said in this WSJ article, and a strong government hand is needed to assure that wealth is distributed more equitably.
As Don Boudreaux points out on Cafe Hayek, if Obama is correct, […]

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Submitted by CARPE DIEM

Chicago Tribune – In a letter to University of Chicago President Robert Zimmer, 101 professors—about 8% of the university’s full-time faculty—said they feared that having a center named after the conservative, free-market economist Milton Friedman could “reinforce among the public a perception that the university’s faculty lacks intellectual and ideological diversity.”

About a […]

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Submitted by CARPE DIEM
The chart above shows the number of foreclosed properties being offered for sale by Countrywide Mortgage since January 2007. As of this week, Countrywide has 14,029 properties for sale around the country, representing almost $2.6 billion of real estate (by list price), at an average list price of $167,055. You can […]

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Submitted by CARPE DIEM
The chart above from Zillow.com shows property values in the Sacramento, CA zipcode 95843, going from about $250,000 in 2003 to almost $400,000 in late 2002 (+60%) and now back down to about $244,000.
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