Economics Roundtable
The Problem - I
Calculated Risk has the clearest picture of the problem we face.
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The Problem - II
Calculated Risk adds the the clearest picture of the housing tailspin.
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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
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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.
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Current Economic Conditions 6/5/10
James Hamilton summarizes the situation.
EconModel
The Economics Roundtable is sponsored by EconModel.
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Economics Help
"Helping to Simplify Economics”
It’s always interesting to see how the history of National Debt. The US National Debt, follows a similar pattern to the UK. (UK Historical national debt) Though in the Second World War and 1940s, UK debt increased to over 200% of GDP.
Readers Questions – why do restaurant charge different prices, for instance high price for water and reasonable price for food?
‘Serve them a drink before they can blink’ – this is what I remember learning when I worked in a Little Chef. We were taught to waste no opportunity to sell ...
Definition of Fiscal Space – The difference between the current level of public debt and the level of debt that is sustainable and manageable.
A key issue for many advanced economies is being aware of the level of government borrowing that is sustainable in the long term. Basically, how much can ...
Readers Question: Does government increases or decrease economic efficiency. kindly explain as i have tried to look for the reasons.
This is a very open ended question, which raises many different issues. To some, on the political right, it is a simple matter of governments bad, markets good. Others are apt ...
When the iPad came out, I thought great – a small laptop, easy to carry around.
In practise, it is the most disappointing thing I’ve ever bought. In every way, my Macbook laptop is better. The iPad infuriates with useless wordprocessing, very difficult to share files (with ...
Source: Bank of England inflation report August 2010
A while back the Jean Claude Trichet of the ECB said austerity measures should help improve economic confidence
“The idea that austerity measures could trigger stagnation is incorrect,… confidence-inspiring policies will ...
Inflation - Source: Bank of England inflation report
A big issue for the UK economy is the existence of inflation when theoretically, there should be much spare capacity in the economy. In the Bank of ...
Adam Smith Statue and blog author Tejvan Pettinger
OK, I jest. The great economist is Adam Smith. I was on holiday in Edinburgh when I came across this statue to Adam Smith (widely considered the father ...
Readers Question: How Much Loss Can A firm Make before going Bankrupt?
Firms who make a loss, will not necessarily close down. There are various ways that firms can keep going
Borrowing from Bank. Bank will offer loans if it considers the firm is likely to make a profit in the future. Selling ...In a recession, you would expect a fall in the inflation rate. In basic macroeconomics, we would teach.
If AD falls (or increases at a slower rate than AS), then the economy will experience spare capacity. If there is spare capacity in the economy, firms will tend to reduce prices ...