…in the nominal rate. The World Bank has evaluated the prospects of the EMDES in the June edition of its Global Economic Prospects. They forecast a slowdown in economic growth in the…

…growth are there. I recall that Kenneth Boulding said there are two kinds of ethics. There’s a heroic ethic and then there’s an economic ethic. The economic ethic says: Wait…

…the economics literature,” Dr. Kopp said. “And things that start out in the economics literature have half-lives in the applied policy world that are longer than the time period during…

…say that China has announced that its population declined. Many observers are skeptical about Chinese data. I’ve been at conferences when China released, say, new data on economic growth, and many people…

Housing under construction increases back close to record; good economic news, but ammunition for a hawkish Fed  – by New Deal democrat Last month I wrote that “the Fed’s sledgehammer…

Kevin Quin at Econospeak brought this to our attention. In Memoriam: Robert Solow      One of the tallest trees in the economic forest has fallen:  Bob Solow has died at…

December real retail sales: the good economic news keeps on coming  – by New Deal democrat The good economic news kept coming with this morning’s retail sales report for December….

…and apparently permanent government deficits are a substantial fiscal-ease factor that needs to be offset by monetary stringency. The world’s economic growth configuration has shifted from investment-light to investment-heavy, with…

…and most of the entire period from 2013-19, including what I called the “shallow industrial recession” of 2015-16. And yet in none of those periods did a wider economic downturn…

– by New Deal democrat There are some economic and financial indicators that aren’t classic leading or lagging indicators. Rather, they are “over-sensitive” in one direction or another. Two good…