…bailout will work, but that it will be inflationary because the market bet on energy and raw materials today, not financials. Moreover, the market is betting that the bailout wlll…

by rdan Calculated Risk discusses problems with certain reports concerning per centage of GDP being reported for energy costs as unrealistic, predicting real per centages to be as high as…

Just to put things in perspective. This is through the first quarter so it does not reflect the last pop in energy prices. It is now 6.6% as compared to…

…November, its largest decline since a 0.9 drop in July 1949. The index for energy declined for the second consecutive month, down a record 8.0 percent in November. Within energy,…

…index for October, which showed a continued rise in energy prices for producers, but a fall in the prices of non-energy final goods and services that firms buy. It’s worth…

…energy: As Dan Yergin, president of Cambridge Energy Research Associates, recently wrote in the Washington Post, rising energy prices today will cause energy supplies to explode tomorrow. I’m not so…

…Heritage Foundation calls passing an energy proposal part of a jobs agenda, even this Keynesian has to object. Might we better spent the funds repairing the roads and building schools?…

…which was unchanged in December, increased 0.1 percent in January… Energy costs declined 1.1 percent, following a 1.3 percent drop in December. Within energy, the index for petroleum-based energy declined…

…their income spent on energy over the past 20 years. In the 1980’s households spent around 8% of their income on energy products. This percentage dropped to under four percent…

…income were not accompanied by increases in real energy and material consumption. At higher income levels the relationship begins to level out because of greater ‘factor productivity’ (efficiency) and as…