Earlier today in discussing auto prices I’m afraid I did not explain myself very well.Let me use actual data and see if I can do better. Because the CPI is quality adjusted what it is showing is the price of buying an earlier model car, if you could. In the chart above I set the […]
The phrasing of these projections read just like Social Security crisis projections. I hope some of our friends see the irony of such claims about Social Security if they dislike these statements. The CBO has released a report detailing the effects of indexing the the AMT to inflation (i.e. “patching” it so that fewer households […]
by jsalvati What economics would you teach kids? Rdan points to a ‘National Budget Simulation’ program that is apparently part of Massachusetts economics education for grades 4-12. I was surprised when I clicked on the link because the federal budget seems like a really strange place to start economics education. It seems important to start […]
Brad DeLong asks: Here’s what NetNewsWire throws up as tops in attention in the “economics” category: Mark Thoma’s Economist’s View http://economistsview.typepad.com/economistsview/ Alex Tabarrok and Tyler Cowen’s Marginal Revolution http://www.marginalrevolution.com/marginalrevolution/ Justin Fox’s Curious Capitalist http://time-blog.com/curious_capitalist/ Barry Ritholtz’s The Big Picture http://bigpicture.typepad.com/comments/ James Hamilton’s and Menzie Chinn’s Econbrowser http://www.econbrowser.com/ Angry Bear http://angrybear.blogspot.com/ WSJ Real Time Economics http://blogs.wsj.com/economics/ […]
Have you ever noticed that, when considering the economic performance of different countries, people often just report the GDP growth rate without any corrections for e.g. initial GDP ? It’s as if they thought that countries generally have about the same growth rate and any deviation from the world average is interesting. This is very […]
Your house in your eyes… Your house in the buyer’s eyes… Your house in your lender’s eyes 2005 Your house in your lender’s eyes 2008… Your house shortly before foreclosure…
Dated picture, yes, but the sentiment is there, as the campaign talking points heat up.
hat tip reader coberly Fresh Air from WHYY IraqIn Iraq, Tactical Theory Put Into PracticeLt. Col. John Nagl wrote the textbook on counterinsurgency — literally. Nagl was part of the team that drafted a U.S. Army field manual on counterinsurgency. Having completed his tour in Iraq, Nagl talks about how military theory was put into […]
reader Laurie sends this great comment (lifted cactus style): My sister-in-law ***************************(director of a system in the US). Here’s the Q I sent her: How do taxpayer subsidies for private transportation (roads etc) compare to subsidies for public? Here’s her answer:Good question. Local roads and highways get much more than transit; the question is how […]
Hat tip to MG CBS – Senator Obama video and interview transcriptJuly 22, 2008 CBS – Senator McCain video and interview transcriptJuly 22, 2008