Ab-Norm-al Econ

Sunday, January 30, 2011

Tea Party Attacking GOP Incumbents

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http://www.nytimes.com/2011/01/30/us/politics/30teaparty.html?pagewanted=2&_r=1&ref=todayspaper Tea Party is going to run candidates...
Friday, January 28, 2011

The Case for Business to Use Enlightened Self Interest

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http://www.huffingtonpost.com/michael-e-porter/the-big-idea-creating-sha_b_815696.html This article originally appeared in The Harvard Busin...

Krugman on Ryan's Response to Obama's State of Union Address

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http://www.nytimes.com/2011/01/28/opinion/28krugman.html?_r=1&hp Krugman points out that Ryan's understanding of the economic proble...
Thursday, January 27, 2011

Housing Bubble and Bust Was Widespread

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Allen Greenspan argued that the Fed was not responsible for housing bubble. He used charts like this that show that housing bubbles were wid...

Housing Prices Reverse Downward

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This is not a good sign. A double dip fall in housing prices will not help the recovery. Unfortunately, high unemployment and a high rate ...

Federal Budget Deficit

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The 2010 deficit hit 10% of GDP due to the slow economy. Tax revenues fall and transfer payments rise in a slow economy. The CBO forecasts...
Saturday, January 22, 2011

Leaving on a Jet Plane

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We are headed on a trip to a place where internet service will be sparse. Posts will be scarce for the next 10 days.
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