by rdan Calculated Risk discusses problems with certain reports concerning per centage of GDP being reported for energy costs as unrealistic, predicting real per centages to be as high as 14% of GDP if prices stay the same or rise. There is a human side to the increase a few months from now that will […]
by rdan Hat tip to reader Henry Cobb. Yahoo news has an article on new directions for globalization: In an effort to cut costs Steiff began outsourcing production to Chinese factories in 2004, and even sent 300 workers there to make sure the bears were up to scratch. But this week Steiff called time on […]
OMB Watch notes: A House panel voted last week to tie the hands of agency regulatory policy officers (RPOs). The move comes in response to continued concern about President Bush’s 2007 executive order that expanded the powers of RPOs. President Bush’s E.O. 13422 — http://www.ombwatch.org/article/archive/477which amended E.O. 12866, Regulatory Planning and Review — dramatically expands […]
Aguanomics David Zetland has a take on carbon taxes and re-design of product: Stories at Grist and AngryBear on the most recent demonic action of WalMart — high efficiency milk containers.* Basically, they save heaps of water (for cleaning) and energy (for hauling) by cutting out most of the infrastructure necessary to support the current […]
By: Divorced one like BushNo body knows, how dry I am. I went home, I rang the bell, my wife came out and gave me hell. Juan posted a link to this paper: OPEC Pricing Power, The Need for a New Perspective Besides the issue of how oil is priced, and the relationship of the […]
Well more than you might think. If you examine the economic and demographic assumptions that together generate the standard Intermediate Cost alternative of the Social Security Trustees you see a picture of a future America that is kind of bleak. I mean I lived through the period from 1968 to 1983 and economically it was […]
Fed values Bear Stearns assets at a level where it has only cost them $100,000nothing—so far. (Indeed, there’s a $50,000 “buffer” left.) Strangely, the scuttlebutt in the market yesterday was that the valuation should be around $24 billion. Or at least that’s how I read this paragraph: If the portfolio’s value were to drop to […]
Hat tip Robert Waldmann post autistic thought…er, economic … stochastic…er. Just press the button already. Ken Houghton says the race is on. A man who likes this video should be a guest…he takes himself seriously.
Barack Obama has been reading the Wall Street Journal.
Reader ddrew2u sends this post: Readers of December’s Popular Mechanics know that Stanford University scientists have already engineered a lithium ion enhancement that promises to multiply charge capacity ability about four times in the short term and as much as ten times in the long term. For 30 years it has been known that building […]