An in-depth look at production and sales: evidence of peaking in both – by New Deal democrat Yesterday I took an in-depth look at employment. Today let’s take a look at two other important coincident indicators that are looked at by the NBER for guidance as to whether or not the economy is expanding or […]
Dan Crawford: The passing of Barkley Rosser is terribly sad news. Angry Bear has had connection to Barkley since 2006 at least. He was also instrumental for helping Bruce Webb and the topic of Social Security gain traction nationally. Tyler Cowen at Marginal Revolution posted a link to his profile “Man in motion,”- JMU at James […]
‘Right-to-repair’ advocates skeptical of John Deere agreement, NPR, Joe Hernandez Pulling from NPR’s Joe Hernandez’s article and adding some of my automotive background. to explain. Like automobiles, tractors have gone high-tech using on-board computers and semi-conductors to run various systems within cars and also farm tractors. This includes systems such as fuel injection to oxygen […]
Scenes from the December jobs report: more deceleration – by New Deal democrat The only significant economic data this week will be released on Thursday, with both CPI and jobless claims. In the meantime, let’s take a closer look at the jobs data we got last Friday. As indicated in the title of this post, […]
In which I quibble with Prof. Alan Blinder about the main reason for the decline in inflation since June – by New Deal democrat Alan S. Blinder is getting traction for an opinion piece published in the WSJ concerning the big decline in inflation since June. He acknowledges that“ energy inflation played a meaningful role” but […]
Economist David Zetland lets us know our place of birth has a much larger impact on our success or failure globally than what we suspect. It is not solely up to us to be successful. The country of our birth has a great impact. Understanding this, exploring books about success can offer valuable insights into […]
A different viewpoint by myself which is not so new and very workable. Dean Baker at CEPR offers up his viewpoint on saving Social Security. I believe we are in close proximity to a solution except I would suggest a different source of funds. Dale, Bruce, and Arne have talked this simple solution up until […]
Weekly Indicators for January 2 – 6 at Seeking Alpha – by New Deal democrat My Weekly Indicators post is up at Seeking Alpha. No big changes from the past month or so. The overall economic picture continues to be driven by the effects of the price of gas. As usual, clicking over and reading will […]
Herb Gintis, 1940-2023 Peter Dorman @ Econospeak My dissertation chair, Herb Gintis, died yesterday in Northampton, Mass. We didn’t stay in touch after I graduated—our interests and perspectives diverged—but I will always appreciate what he gave of himself at a difficult time in my life. After my first dissertation went awry (don’t ask!), Herb, who […]
December jobs report: good headlines, but deceleration continues – by New Deal democrat If the long leading indicators all last year, and the majority of the short leading indicators from the past few months are to be believed, a recession is near. And if that is the case, we ought to see the leading […]