Navigate: Home Archive by category 'Economy'

Shall We Target Inflation with Fiscal Policy?

May 16, 2012, 11:18 AM

Most Keynesians seem to think that fiscal policy influences AD and inflation, even when rates aren’t stuck at the zero bound.  This recent article from The Economist... Read »

Industrial Production Rebounds Sharply In April

May 16, 2012, 10:22 AM

If you’re looking for evidence that recession risk is rising, you won’t find it in today’s update on industrial production, which surged 1.1% in April—the... Read »

The Impossible Hope of an End to Austerity

May 16, 2012, 8:50 AM

With French and Greek voters rejecting austerity, politicians are once again taking the government spending debate seriously. This column argues that the voters... Read »

China’s Oil Thirst Drives Everything

May 16, 2012, 7:26 AM

The China growth story is still sputtering, but some pillars take longer to collapse then others.  PetroChina has just surpassed Exxon in oil production.  The... Read »

Greece is Running Out of Time

May 16, 2012, 4:53 AM

I have repeatedly described myself as a Euroskeptic.  The current combination of politics and economics looks likely to at worst doom the Euro to failure, at best... Read »

Can Greece be Saved?

May 15, 2012, 1:07 PM

If you read me on a regular basis you know that I speak with a fellow in Athens who is connected to the shipping industry and the government. I provide links below... Read »

Did the Government Cause the Great Depression?

May 15, 2012, 1:02 PM

A while back some commenters asked me to respond to this claim by Brad DeLong: Back then, the Friedmans made three powerful factual claims about how the world works... Read »

Retail Sales Growth Turns Sluggish In April

May 15, 2012, 11:57 AM

Retail sales rose a meager 0.1% last month on a seasonally adjusted basis, the smallest monthly gain since December, the Census Bureau reports. The retreat in the... Read »

Highest and Cheapest Gas Prices by Country

May 15, 2012, 9:57 AM 3

Price Rank Country $/Gallon Premium Pain at the Pump Price Rank Country $/Gallon Premium Pain at the Pump 1  Norway  $9.69  48 29 Poland $7.01 15 2  Denmark  $9.37  42 30 Cyprus $6.96 33 3  Italy  $9.35  29 31 Bulgaria $6.94 5 4  Netherlands  $9.35  37 32 Australia $6.75 49 5  Greece  $9.23  23 33 Singapore $6.70 45 6  Sweden  $8.97  44 34 Romania $6.59 7 7  Hong... Read »

It Is Never Too Late: Global Economic Collapse Edition

May 15, 2012, 9:23 AM

The global economy appears to be headed over cliff this year.  The emerging world is experiencing a significant economic slow down, the Eurozone will probably... Read »

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