Series based on CPS adjusted to NFP well below the official NFP, first reference. Figure 1: CES nonfarm payrolls (blue),…
Browsing: Economy
Yves here. We must confess that so many headlines are going on that they do not give much attention to…
A recent article in the OC Register provides a good example of why certain decisions should be made at the…
I say no, we already have enough European governments with proportional representation. Shouldn’t someone open up the possibility of more…
Should we call this reverse monetarism? One “answer” on the July 1 episode of Jeopardy was: In the 1940s, the…
1. Was the Minotaur’s Labyrinth Discovered in Crete? 2. Detecting a leak in a Soviet laboratory. 3. A hypothesis on…
NFP at +206K against +191K. Figure 1: CES Nonfarm Employment (NFP) (bold blue), civilian employment (orange), industrial production (red), personal…
Scott Sumner recently published an article discussing a potential relationship between trade deficits and government debt. In short, since debt…
The Great Pyramid of Giza The Great Pyramid was built around 2600 BC and was the tallest structure in the…
There is no doubt that the last 14 years have seen pitiful progress in living standards. Real household disposable income…