Monday, December 31, 2012

A Very Special New Year

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This New Year's eve will be special.  In addition to watching the end to 2012 celebrated in Time Square, we may also get to go over the ...
Sunday, December 30, 2012

The Painless Way To Reduce Budget Deficits Is To Decrease The Unemployment Rate

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We are being told by very serious people that we must inflict pain on ourselves to save the nation from future bankruptcy.  We all know that...
Saturday, December 29, 2012

Implications Of A Decline In Labor's Share Of Income

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Most of our attention has been focused on our short term business cycle.  The recovery has been slower than our typical recovery from recess...

Consider Your Mancard Reissued. Buy An Assualt Weapon

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This op-ed shows that the firearms industry understands the motivations of many who purchase assault weapons.  It describes some of the ads,...
Friday, December 28, 2012

Why Did Cancer Treatment Centers Of America CEO Give $12 Million To Freedom Works?

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Richard Stephenson is the founder and CEO of CTCA which is a for-profit organization that targets people with late stage cancer.  Stephenso...

What's Driving Purchase Of US Treasury Bonds?

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This graph shows that fixed income investors substituted AAA rated mortgage bonds for US Treasury bonds during the housing bubble.  The ma...
Thursday, December 27, 2012

The Dean Of NYU's Business School Shows Us How To Earn $1,200 Per Hour

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Glenn Hubbard, is a prominent economist who, in addition to being the Dean of NYU's business school, was Mitt Romney's chief economi...