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.
The Classic Economic Models cover micro, macro, and financial markets.
Newmark’s Door (Craig Newmark)
. . . they'll run on this.
Michiganders are waking up to the reality that public employees, and especially K-12 teachers in this state, are enjoying extravagant reimbursement for their services far in excess of the private sector such as 1) higher pay than their private sector ...
Just as Reagan did in 1981, when he faced off with the air traffic controllers union, Christie called the bluff and seems to have won.
Reagan became on overwhelming political force because of his ability to appeal to audiences beyond his natural constituency, as ...
Daniel J. Mitchell at Cato continues laying out a strong case.
This study [by Holtz-Eakin and Smith] jumps into a long-running chicken-or-egg debate in the academic literature about whether higher taxes lead to higher spending or whether higher spending leads to higher taxes. This causality debate is interesting, ...
"America's Worst Job Market: What 27.6% Unemployment Looks Like".
"10 Worst Places to Live [in America]". Cheer up, Detroit! You're only third on this list.
Be glad you don't live in Detroit, where they're stealing Mayor Bing's and Jesse Jackson's cars.
The post, by the excellent "theblogprof", also has a lengthy list of Detroit's other woes.
For some years now, I've been been telling my undergraduates that they will soon need to think of themselves less as employees and more as entrepreneurs. Even if they work for somebody else, they should watch constantly for career opportunities, look for threats, and, most importantly, frequently consider what skills ...
(Hint: go to a state capital or a college town. Who needs the private sector? Governments and higher ed, baby!)
It's to take for granted. But we shouldn't. UCLA law professor Stephen Bainbridge explains:
I tell my students about Nicholas Murray Butler, president of Columbia University and winner of the Nobel Peace Prize, who wrote that: “The limited liability corporation is the greatest single discovery of modern times. Even ...