When are the folks at the National Review ever going to understand what this footnote in the BLS Household Survey report on employment means: Data affected by changes in population controls in January 2000, January 2003, January 2004, and January 2005. I ask because of who received the first “Jayson Award” from Donald Luskin. David […]
In a comment to Kash’s post, Mark Thoma provided a link to this op-ed by Senators Charles Schumer and Lindsey Graham: DISMAYED by China’s failure to play fair on free trade, we have offered legislation to impose a tariff on Chinese exports to the United States if Beijing continues to keep the value of its […]
I think there’s some validity to these concerns voiced by the head of Toyota: OSAKA, Japan (Reuters) – The outspoken chairman of Toyota Motor Corp. said on Wednesday he feared the possibility that U.S. policy could turn against Japanese auto makers if local giants such as GM and Ford were to collapse. “Many people say […]
Frum argues that Africa does not need financial assistance but might benefit from free trade within the Western Hemisphere: African aid relief is the same. Jeffrey Sachs may imagine that he knows how much it will cost to pull Africa from poverty, but almost nobody outside the UN apparatus and the world of pop culture […]
Via bgreer comes this Washington Post story: For the past three years, the Air Force has described its $30 billion proposal to convert passenger planes into military refueling tankers and lease them from Boeing Co. as an efficient way to obtain aircraft the military urgently needs. But a very different account of the deal is […]
Greenspan made some remarks about the Interest Rate Mystery during a conference yesterday in Beijing. Slightly disconcertingly, none of the prevailing theories as to why long-term rates are so low right now are convincing to him… so he’s left admitting that he doesn’t really have an explanation for it. The pronounced decline in U.S. Treasury […]
This question is not as easy to answer as it may first appear. In working on various posts last week I came across an apparent contradiction in the official data on compensation: some series show it rising in real terms, while others show it barely able to keep up with inflation. This discrepancy was also […]
Yale Economics Professor Dr. Shiller expressed concern on Friday that the bubble is spreading: “… the enthusiasm is infectious and it is starting to spread all over the place.” How widespread is the housing bubble? Looking at the OFHEO House Price Index data released last week: Click on graph for larger image. NOTE: The OFHEO […]
Christopher Cox (R-CA) represents the district where CalculatedRisk lives. I suspect both of us are mulling over whether he is the best choice to be the new SEC chairman. Robert Novak does not make a good case for this Presidential nomination. Just as gets the issues in the Andersen litigation wrong, he tries to make […]
Senator Feinstein described the role of the Senate in selecting judges on May 10, 2005, which included: In 1795, President George Washington nominated John Rutledge to be Chief Justice. Soon after his nomination, Rutledge assailed the newly negotiated and popular Jay Treaty with Britain. Even as Rutledge functioned as Acting Chief Justice, the Senate debated […]