Robert Waldmann As he watches policy makers cry “fire fire” in Noah’s flood, Paul Krugman becomes almost shrill. He has a simple (rigorous) model which suggests more stimulus would be ideal and that, when in a liquidity trap, government spending should be set to give unemployment equal to the non accelerating rate of unemployment. In […]

Market Watch reports: Hewlett-Packard Co. on Tuesday said it will invest $1 billion to consolidate and automate its data centers, a move that will lead to the elimination of 9,000 jobs over a “multiyear” period. The Palo Alto, Calif.-based computer and printing giant /quotes/comstock/13*!hpq/quotes/nls/hpq (HPQ 45.59, +0.01, +0.02%) said annual savings in its enterprise-services division […]

by Mike Kimel First Chapter of Presimetrics Available for Download The table of contents, introduction, and chapter one of Presimetrics, a book I wrote with Michael Kanell of the Atlanta Journal Constitution, are available here. The inside pages have already gone to the publisher, and the whole book will be released on August 11. So… […]