Update: David Rosnick of CEPR questions this analysis. Update to come when I have Internet access again–which probably will be Saturday at the earliest. Brad DeLong got me thinking a few days ago, and not in a good way, when he quoted the brilliantly (and brilliantly-named) Cardiff Garcia: Thus far the surging mortgage origination business […]
It has been suggested that the rapid increase in the prices of fish, fowl, meat and eggs for about two years following October, 2009 was the result of QE causing inflation in these items. From this Calculated Risk graph, we can get the QE date line. QE was announced on Nov 25, 2008, and expanded […]
by David Zetland David Zetland is a senior water economist at Wageningen University in the Netherlands and maintains a blog on water issues at Aguanomics. It’s not as simple as selling books Many people ask me to comment on statements made by journalists covering the water sector. Most of the time, I am happy […]
by Linda Beale Romney’s CRUT Tax Shelter\ The Bloomberg press has looked further at Romney’s use of trusts and other arrangements to avoid taxes, using Freedom of Information Act requests to obtain more information than was released by Romney in his meager tax return release. Romney established a charitable trust in 1996 of a type […]
by Mike Kimel The Economic System of the Apostles I am not a Christian, but if I was, I suspect the following verses from the Acts of the Apostles would have an impact on my life. Acts of the Apostles, 2: 44-47 And all that believed were together, and had all thingscommon; And sold their possessions and […]
by Kenneth Thomas Discussing Tax Increment Financing on TV I recently appeared on a local public access TV show, Conversation with Lee Presser, discussing tax increment financing and European Union subsidy control regulations. It’s a great format, just an almost 30-minute discussion without interruption, which allowed me to explain the problems with TIF as it […]
Reader Jan Galkowski sends this caution about promoting Hurricane Sandy as the result of climate change. The following is taken from an e-mail to me yesterday: There’s a lot being written about Hurricane Sandy in connection with climate change. It is likely that this hurricane was exacerbated by human induced climate change, notably the excessively […]
Best of all possible results. And the second largest tree branch to fall on our rather small property last night.
by Linda Beale The right-wing’s “breadwinner conservatism”–starve the state; support traditional families (only) Many of us who think about tax and economic policy have been confounded by the tendency of lower-middle-class families to vote Republican, which means they are ultimately voting against their own economic interests for a party that wants all the benefits of […]