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Tag Archives: Uncategorized

Unemployment claims, PMI services, mtg applications and lending

No sign of recession, and lots of indications the rate hikes that are adding to deficit spending as supporting the economy and prices, and not depressing them, and more rate hikes will only do more of same. And it doesn’t end until the Fed understands it has had it all backwards: This is about 85% of the economy. No recession yet. More and more the data is telling me debt/gdp is plenty high for rate hikes to be supportive of total spending in the economy: Housing has been...

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A bit of this, a bit of that: Stage 3 tax cuts, the Australian welfare state and Republican identity

I’ve been on holidays on the Sunshine Coast this week with my wife Nancy. I’d normally be racing in the SC 70.3 Ironman, but breaking my wrist a month ago put paid to any training (I’m recovering well, but slowly). We still had the accommodation booked, so we’re enjoying a relaxing time by the sea. Before we took off, I submitted a bunch of articles that have now come out. I already posted my piece on the Ethereum merge so, rather than bombard you with emails, I thought I would wrap...

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Share buybacks — again?

from Peter Radford What isn’t said is often more telling than what is.  The silence denotes either a disrespect for thorough analysis or an ignorance of issues beyond the ken of the speaker.  Then, of course, a third option arises: that those issues are an embarrassment to the point being made and are thus best left unmentioned. For some reason stock buybacks appear to fall into such a zone of silence.  There is some controversy currently about the topic because of the recent proposal to...

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WEA Commentaries 

WEA CommentariesVolume 12, Issue 2 download the whole issue Can university education in economics contribute to strengthened democracy and peace? Peter Söderbaum The Irish anomaly. Rethinking the concept and operationalization of ‘Gross Fixed Capital Formation’ Merijn Knibbe Benefits of fathers caring for children remain underestimatedin several European contexts Mitja Stefancic The WEA Textbook Commentaries Project What’s Capitalism got to do with it? David F Ruccio Please click...

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Econometric FUQs

from Lars Syll If you can’t devise an experiment that answers your question in a world where anything goes, then the odds of generating useful results with a modest budget and nonexperimental survey data seem pretty slim. The description of an ideal experiment also helps you formulate causal questions precisely. The mechanics of an ideal experiment highlight the forces you’d like to manipulate and the factors you’d like to hold constant. Research questions that cannot be answered by any...

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The Bitcoin Monster, updated

A little while ago, I wrote about the impending shift of the Ethereum cryptocurrency from “proof of work” to “proof of stake”, with an energy saving of 99 percent. I’ve now expanded that post into an article for The Conversation, which has just come out. Read and enjoy (or skip, if you’ve heard enough about crypto). Share this:Like this:Like Loading...

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