The Problem - II
Calculated Risk adds the the clearest picture of
the housing tailspin.
Click on the chart for a larger version.
The Problem - I
Calculated Risk has the clearest picture of
the problem we face.
Click on the chart for a larger version.
Special Topic 8/4/10
This week, the Roundtable will feature a special listing for reaction to the
payroll employment figures
from ADP on Wednesday and the BLS on Friday.
ADP: +42,000
BLS: -131,000/+71,000
Click on the chart for a larger version.
Special Topics 6/28/10
This week, the Roundtable will feature special listings for reaction to Wednesday's
CBO budget projections and the
payroll employment figures
from ADP on Wednesday and the BLS on Friday.
ADP: +13,000
BLS: -125,000/+83,000
CBO: Take your pick.
Click on the chart for a larger version.
Current Economic Conditions 6/5/10
James Hamilton summarizes the situation.
EconModel
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EconLog (Arnold Kling)
"The Library of Economics and Liberty”
September 7, 2010, 2:05 pm, 761152
(September 7, 2010 01:24 PM, by Bryan Caplan) I just emailed the final version of Selfish Reasons to Have More Kids to Basic Books. Without Normal 0 MicrosoftInternetExplorer4 /* Style Definitions */ table.MsoNormalTable {mso-style-name:"Table Normal"; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-parent:""; mso-padding-alt:0in 5.4pt 0in 5.4pt; mso-para-margin:0in; mso-para-margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:10.0pt; font-family:"Times...
September 7, 2010, 8:05 am, 760920
(September 7, 2010 07:14 AM, by David Henderson) Even though this action was a totally predictable response to the incentives we set up, it's unwarranted and unnecessary. Last April, I posted on how the health care law passed by Congress would likely cause some insurance companies to drop...
September 7, 2010, 2:04 am, 760765
(September 7, 2010 01:02 AM, by Bryan Caplan) Knowing what you now know, suppose that you could pick one year between 1987 and 2010 to buy a house in the U.S. The catch: It's a one-time deal, and you have to hold the house until 2010. When you're...
September 7, 2010, 12:04 am, 760756
(September 7, 2010 12:00 AM, by Bryan Caplan) Many economists assume that market forces will somehow figure out a way to make signaling costs disappear. But as far as I can tell, they never explain why signaling costs would be easier to eliminate than any other costs. And...
September 6, 2010, 8:04 pm, 760720
(September 6, 2010 06:08 PM, by Bryan Caplan) While writing my final reply to Bill Dickens, I often wished I were writing six short posts instead of one long one. My favorite could-have-been free-standing points (Bill's in quotes, I'm not):1. Policy implications.Further, you must believe that there is...
September 6, 2010, 6:04 pm, 760712
(September 6, 2010 05:52 PM, by Arnold Kling) Jay Heflin writes, An August report by the Kellogg Graduate School of Management at Northwestern University found government pension programs in as many as 31 states are headed for financial disaster by 2030 and that taxpayers will likely wind up...
September 6, 2010, 2:04 pm, 760679
(September 6, 2010 01:11 PM, by David Henderson) Our analysis suggests not that gangs cause violence, but that violence causes gangs. In other words, gangs form in response to government's failure to protect youths against violence. The surprising implication of our insight is that efforts to reduce gang...
September 6, 2010, 12:05 pm, 760656
(September 6, 2010 10:24 AM, by Arnold Kling) Teach Like a Champion, by Doug Lemov. As a teacher, I find it helpful. However, with apologies to James C. Scott the book could have been entitled "Seeing like a teacher." An excerpt: the "plane" of your classroom is the...
September 6, 2010, 10:04 am, 760629
(September 6, 2010 08:42 AM, by Arnold Kling) I discuss knowledge and power with Russ Roberts. The central theme of Unchecked and Unbalanced is that we live an a world with increasingly important dispersed knowledge and yet in a structural sense power is becoming more complicated. The result,...
September 6, 2010, 10:04 am, 760628
(September 6, 2010 09:53 AM, by Arnold Kling) Boomergeddon, by James A. Bacon. He sent me a copy after he saw my piece on guessing the trigger point for a sovereign debt crisis. Years ago, I read Boomernomics by William Sterling. That book also raised the issue of...
