The Euro-zone inflation rate rose less then expected for April at a pace of 0.7%. It was expected, or hoped, to rise to 0.9%. Germany’s inflation rate stayed low at 1.1%, which makes cost adjustments more troubling for the periphery countries of Europe like Spain and Greece. Finding a cure for low inflation is imperative […]
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The Bureau of Economic Analysis has been working on creating state and metro cost of living indices for several years and they have just published a new set of them that can be used to create real per capita income comparisons between states. In their press release they show a map comparing real growth in […]
by Peter Dorman Re posted from Econospeak It’s the Political Economy, Stupid! Sometimes living in the world of ideas makes it harder to understand the real one. If you happen to be an economist, and the time is now, that is true in spades. Take Paul Krugman, for instance. After bemoaning the terrible policy […]
In a close and insightful reading of Chief Justice Roberts’ opinion in McCutcheon, reproduced here with his permission from the election law listserv, Marty Lederman has called attention to this first paragraph: “There is no right more basic in our democracy than the right to participate in electing our political leaders. Citizens can exercise that […]
Clarification appended below. —- During oral arguments in a freedom-of-speech case out of Alabama, several justices challenged the notion that public employees who testify truthfully about an issue of significant public concern aren’t shielded from retaliation by the First Amendment. “What kind of message are we giving when we’re telling employees, you’re subpoenaed in a […]
by Joseph Joyce (is a Professor of Economics at Wellesley College and the Faculty Director of the Madeleine Korbel Albright Institute for Global Affairs. His book, The IMF and Global Financial Crises: Phoenix Rising?, was published in 2012 by Cambridge University Press.) Recovery in Europe? Greece has returned to the bond market, issuing $4.2 billion […]
David Zetland just published Living with Water Scarcity. Ed Dolan at Economonitors reviews the book…(the review is re-posted with permission of the author). Living with Water Scarcity: A Refreshing Take on a Hot-Button Issue by Ed Dolan (is an economist and educator with a Ph.D. from Yale University. Since 2001, he has taught at several universities […]
Re-posted from Naked Capitalism (with permission from the author) comes a well written piece on an important court case concerning damages to health and property from fracking operations in Texas (hat tip Run75441): Texas Family Awarded $3 Million in America’s First Fracking Trial by Lambert Strether of Corrente $3 Million? More like this, please. Here’s some […]