Submitted by The Capital Spectator
Hope is a wonderful thing, but at some point it becomes the enemy. It’s hard to know exactly when a friend turns foe, especially when so many of the old rules go out the window. Hindsight, in other words, is the only true source of clarity, which leaves mere mortals like […]

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Submitted by Econbrowser
I’ve maintained that rising oil prices put a significant burden on the U.S. economy in recent months. How much will falling oil prices help to alleviate those concerns?

Certainly rising gasoline prices were one factor in this year’s plunging consumer confidence. With prices now falling, the Reuters/University of Michigan index of consumer sentiment is […]

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Submitted by CARPE DIEM

Brian Wesbury writes in today’s WSJ article, “Inflation Is a Clear and Present Danger“:

The most painful and frustrating economic policy blunder of the past 50 years was the Great Inflation of the 1970s. Painful, because it was the catalyst for three damaging recessions (1973-75, 1980, 1981-82), all the while eroding living standards […]

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Submitted by CARPE DIEM
There’s no question entrepreneurs are strapped for time and can benefit by outsourcing things like payroll or administrative work. But, outsourcing your company blog?
Some technology consultants are pitching “blog management” services to companies they say want the benefits of blogging but are too busy to manage a blog themselves. They do everything […]

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Submitted by unsettling economics
Economic models are notoriously poor at forecasting severe downturns. Here are some studies that identify the kind of behavior that suggest that a crisis might be around the corner.
Broughton, Philip Delves. 2008. Ahead of the Curve: Two Years at Harvard Business School (New York: Penguin Group).
272-3: “The job statistics for our class […]

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Submitted by CARPE DIEM
Link.
HT: Clover Aguayo
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