economic theory

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Latest blogosphere posts tagged “economic theory”

  • An Optimistic View of Taliban Pay


    The Perfect SubstituteAuthority Authority: 425
    CNN : "There is no set pay scale, but by our intelligence, they are paying the equivalent of about $300 a month and that is higher than we are paying Afghan army or police," McChrystal told the Senate Armed Services Committee, where he testified on Tuesday. [...] "In coordination with the Afghan government, we just ...
    13 hours ago
  • Nancy Pelosi Wants Global Financial Tax


    Conservative CompendiumAuthority Authority: 134
    We need to “pitch in” more : House Speaker Nancy Pelosi (D-Calif.) endorsed the idea of a “global” tax on stock trades and other financial transactions, saying the estimated $150 billion in annual revenue from such a tax could be used to help fund more stimulus spending. At her weekly press briefing on ...
    1 day ago
  • Economics for Politicians


    "Five Short Blasts" ForumAuthority Authority: 117
      http://blogs.reuters.com/columns/2009/12/08/economics-for-politicians/#comment-1395 The above-linked op-ed piece, “Economics for Politicians,” appeared on the Reuters web site this morning.  I found it interesting because it echoes a post on the same subject that I made over a year ago, as our economy ...
    1 day ago
  • Employment, additional analysis


    ducati998Authority Authority: 140
    Unemployment is likely significantly higher when looking at U6 data, rather than the headline data. However let’s break down the headline variety further. Translated into English: 11,000 jobs were lost in total vs. 190,000 jobs last month. 27,000 construction jobs were lost vs. 62,000 last month. 41,000 ...
    2 days ago
  • Dispelling The “Capitalism Failed” Myth


    Conservative CompendiumAuthority Authority: 134
    This won’t be the first time the subject has been discussed on this blog, but the determination of the many to paint last year’s financial implosion as a failure of capitalism requires diligence and constant restatement of the truth. The truth is exactly what Steven Horwitz and Peter Boettke bring in their new ...
    2 days ago
  • Third Time Is Not The Charm On Stimulus


    Conservative CompendiumAuthority Authority: 134
    The jobless rate is currently at 10% (or higher if you count the discouraged), so clearly we need a little government job promotion, right?  Barack Obama thinks so, and is set to unveil his latest “plan.”  But not so fast! Haven’t we done this before? This will be the third time government has acted to ...
    4 days ago
  • Consequences of manipulated interest rate


    ducati998Authority Authority: 140
    Dec. 4 (Bloomberg) — Orders placed with U.S. factories rose in October for the sixth time in the past seven months, propelled by gains in non-durable goods that overshadowed declines in spending on new equipment. The 0.6 percent increase in bookings compared with a revised 1.6 percent gain for September that was ...
    4 days ago
  • A Conversation with John


    Thoughts From The FrontlineAuthority Authority: 491
    A Conversation with John Unemployment Positives New York, London, Monaco, and Zurich This week I am in New York, and have a whirlwind of meetings (and I admit, a lot of fun on the side) and not much time to write. I have been saving todays letter for a month or so, for a time such as this. Damien Hoffman ...
    5 days ago
  • Reflections on Mr Zoellick’s reported claim


    Independent Indian: Work & Life of Dr Subroto RoyAuthority Authority: 125
    From Facebook: Subroto Roy says that there are no viable macroeconomic models or time series data in the possession of the World Bank, IMF, the Govt of India’s Finance Ministry, Planning Commission, Reserve Bank etc, or any professor from Oxford, Cambridge, LSE, Harvard, Yale, MIT, Stanford to the University of ...
    5 days ago
  • Unemployment: an analysis


    ducati998Authority Authority: 140
    As I have been critical of the politicians responsible for the current fiasco, it’s only fair that I offer up an analysis of the situation, and what would be a rational and logical manner in which to proceed. Before looking at any data, we need to state a priori the theory, then examine the existing data. If ...
    5 days ago
  • John Blundell reviews SuperFreakonomics


    IEA BlogAuthority Authority: 124
    I approached SuperFreakonomics with great hope but also mild trepidation. The great hope was that Levitt and Dubner had pulled it off again after the incredible (and well-deserved) success of Freakonomics – 4m copies in 35 languages!   The mild trepidation was caused by an unsolicited letter sent to me by ...
    5 days ago
  • Employment – genesis of a solution?


    ducati998Authority Authority: 140
    From ZH comes this article. Have a read and see if you agree. I am in the process of thinking about employment, and will consider this idea. I am as certain as I can be that one of the suggestions that will be put forward would work. The National Federation of Independent Business’s (NFIB) has recommended that ...
    6 days ago
  • Thoughts on Indian Governance


    Independent Indian: Work & Life of Dr Subroto RoyAuthority Authority: 125
    From Facebook: Subroto Roy believes the great optimism about the Indian Republic that he had felt as a 7-year old boy upon meeting Jawaharlal Nehru at Colombo Airport on Oct 13 1962 (the first days of the surprise Communist Chinese attack on India), has now dissipated, and apart from Nehru’s immediate successor ...
    1 week ago
  • Now Can We Use The ‘S’ Word?


    Conservative CompendiumAuthority Authority: 134
    Howard Dean was a major contender for the Democratic nomination for President of the United States in 2004, and later served as Chairman of the DNC.  In other words, he is a mainstream Democrat.  It is thus significant when he says a bit of capitalism mixed with a dab of socialism is the way to go. This level of ...
    1 week ago
  • What happened to the term monetarism?


    TVHEAuthority Authority: 525
    Given the sudden rapid attack on New Zealand monetary policy from various segments I’ve begun to notice a few more things crawling around in political language that confuse me. For example, the term monetarist.  In a discussion with my sister and on this post from the DimPost the term “monetarist” was used ...
    1 week ago
  • Another Study Corroborates Link Between Population Density and Global Trade Imbalances


    "Five Short Blasts" ForumAuthority Authority: 117
    Last week I reported on a study of global trade balances, using data published by the CIA in its World Fact Book , which showed a clear link between population density and the per capita balance of trade in manufactured goods.  The following is the final chart from that article which shows the correlation: ...
    1 week ago
  • Dan Pink on Why Financial Rewards Suck for Motivating Performance


    Work FanaticAuthority Authority: 142
    Dan Pink makes a compelling case in his Ted Talk that financial rewards undermine performance in tasks that require creativity and complex problem-solving.  As he says in the talk, this strong evidence about the negative effects of financial rewards runs counter to the assumptions embedded in nearly all major ...
    1 week ago
  • Gold4Cash


    Boffy's BlogAuthority Authority: 113
    Yesterday, Gold hit a new high of more than $1190 an ounce. It is only $10 away from all-time high prices in sterling and euro terms too. In the last year it has risen by 50% in dollar terms. Some people are referring to a “Gold Bubble” similar to the bubbles we have seen in the dotcom bubble, or in house ...
    1 week ago
  • An Overview of Unconventional Monetary Policies


    Alpha.Sources blogAuthority Authority: 450
    The excellent research edifice at the Bank of International Settlements have conjured up one of those papers which needed to be written (by Claudio Borio and Piti Disyatat) on the back of the myriad of different monetary policy responses we have observed in the contex of the economic crisis. The abstract and ...
    1 week ago
  • Study Reveals Link Between Global Trade Imbalances and Population Density


    "Five Short Blasts" ForumAuthority Authority: 117
      As judged by the balance of trade expressed in per capita terms, thus adjusting for the sheer size of each nation, the effectiveness of the United States’ trade policies ranks near the very bottom of the nations of the world.  (See U.S. Trade Policy Ranks Among World’s Worst .)  Since the near-total ...
    2 weeks ago

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