:: Saturday, July 04, 2009



Latest Blogs
The Australian Yield Curve and Mortgage Rates
By Bron Suchecki
0 comments»
Below is a short commentary on mortgage rates I received from Jackarine Ludwig of Aggregated Awareness: The Mystery Behind the Parabolic Yield Curve is a nice report by Gary Dorsch, an American chartist I follow. Rarely does Australia get a mentio....
By Bron Suchecki
0 comments»
Below is a short commentary on mortgage rates I received from Jackarine Ludwig of Aggregated Awareness: The Mystery Behind the Parabolic Yield Curve is a nice report by Gary Dorsch, an American chartist I follow. Rarely does Australia get a mentio....
Can the Perceptions of Participants Influence Market Fundamentals?
By Winton Bates
0 comments»
"Reflexivity can be interpreted as a circularity, or two way feedback loop, between the participants’ views and the actual state of affairs. People base their decisions not on the actual situation that confronts them but on their perception or interp....
By Winton Bates
0 comments»
"Reflexivity can be interpreted as a circularity, or two way feedback loop, between the participants’ views and the actual state of affairs. People base their decisions not on the actual situation that confronts them but on their perception or interp....
US Economy Grows for Second Consecutive Month
By Eldon Mast
0 comments»
On Wednesday the Institute for Supply Management published its manufacturing report for June 2009. It's overall index (PMI) bumped up for the sixth straight month and stood at 44.8%. The reading suggests, "the overall economy grew for the second cons....
By Eldon Mast
0 comments»
On Wednesday the Institute for Supply Management published its manufacturing report for June 2009. It's overall index (PMI) bumped up for the sixth straight month and stood at 44.8%. The reading suggests, "the overall economy grew for the second cons....
A Simple Plan to Save California
By David Barr
1 comments»
Sometime in the next couple of months The Federal Government is going to give the state of California a lot of money. After lavishing more than a trillion dollars on Banks, Insurers and Auto Companies, there is a 0% probability that the government w....
By David Barr
1 comments»
Sometime in the next couple of months The Federal Government is going to give the state of California a lot of money. After lavishing more than a trillion dollars on Banks, Insurers and Auto Companies, there is a 0% probability that the government w....
Quantitative Easing By Fed Is Predictably Failing
By Trace Mayer
0 comments»
The Federal Reserve has embarked on a perilous journey of quantitative easing. On 18 March 2009 I predicted the Federal Reserve Will Fail With Quantitative Easing. In the June 2009 Special Issue from Sprott Asset Management the billionaire Eric Spr....
By Trace Mayer
0 comments»
The Federal Reserve has embarked on a perilous journey of quantitative easing. On 18 March 2009 I predicted the Federal Reserve Will Fail With Quantitative Easing. In the June 2009 Special Issue from Sprott Asset Management the billionaire Eric Spr....
The War on Gold II
By Bron Suchecki
0 comments»
Further to my post of 6 May on the book Sutton, A.C., The war on gold, 1977, '76 Press, California, USA, below are some extracts from the book I've made for my personal reference: Page 59: It is this disciplinary function of gold that is irksome t....
By Bron Suchecki
0 comments»
Further to my post of 6 May on the book Sutton, A.C., The war on gold, 1977, '76 Press, California, USA, below are some extracts from the book I've made for my personal reference: Page 59: It is this disciplinary function of gold that is irksome t....
Commercial Real Estate: Recovery Signs?
By Eldon Mast
0 comments»
Some commercial real estate business is stirring again. The deals seem to be starting small, but never-the-less they are happening. "Until a couple of transactions settled, you didn’t have a floor in the market," says Jeff Pacy, a broker with P....
By Eldon Mast
0 comments»
Some commercial real estate business is stirring again. The deals seem to be starting small, but never-the-less they are happening. "Until a couple of transactions settled, you didn’t have a floor in the market," says Jeff Pacy, a broker with P....
Kansas City Fed: Regional Factory Production Now Net Positive
By Eldon Mast
0 comments»
For the first time in 10 months the Tenth Federal Reserve District is reporting factory production that is now net positive. The Tenth Federal Reserve District encompasses Colorado, Kansas, Nebraska, Oklahoma, Wyoming, northern New Mexico, and weste....
By Eldon Mast
0 comments»
For the first time in 10 months the Tenth Federal Reserve District is reporting factory production that is now net positive. The Tenth Federal Reserve District encompasses Colorado, Kansas, Nebraska, Oklahoma, Wyoming, northern New Mexico, and weste....
Hedging using derivatives
By Ajay Shah
0 comments»
There is a fascinating article in The Economist about how the world of derivatives has shaped up through the crisis. I often encounter misconceptions about hedging. The one line that summarises the issue is this: The job of a hedging strategy is t....
By Ajay Shah
0 comments»
There is a fascinating article in The Economist about how the world of derivatives has shaped up through the crisis. I often encounter misconceptions about hedging. The one line that summarises the issue is this: The job of a hedging strategy is t....
What Has Government Done To Our Money?
By Trace Mayer
0 comments»
On 25 June 2009 I was invited to the Cafe Libertalia to speak at a book club where I was given the latitude to choose the book for discussion. I picked What Has Government Done To Our Money And The Case For A 100% Gold Dollar by Murray Rothbard. Thi....
By Trace Mayer
0 comments»
On 25 June 2009 I was invited to the Cafe Libertalia to speak at a book club where I was given the latitude to choose the book for discussion. I picked What Has Government Done To Our Money And The Case For A 100% Gold Dollar by Murray Rothbard. Thi....
Employment in Manufacturing and Government and the Deficit with China
By D H Smith
0 comments»
I heard a couple of talkers on business news and talk radio note that government employment had exceeded manufacturing employment in the United States. When I looked into it, I found the origin of this meme at a blogpost of Fabius Maximus entitled A....
By D H Smith
0 comments»
I heard a couple of talkers on business news and talk radio note that government employment had exceeded manufacturing employment in the United States. When I looked into it, I found the origin of this meme at a blogpost of Fabius Maximus entitled A....
Federal Reserve Eases On Interventions
By Eldon Mast
0 comments»
On Thursday the Fed announced that it will end or significantly curb the use of three emergency programs that it had been using to provide cash to brokers and money-market funds. The developments are additional signs that the Fed sees improving fi....
By Eldon Mast
0 comments»
On Thursday the Fed announced that it will end or significantly curb the use of three emergency programs that it had been using to provide cash to brokers and money-market funds. The developments are additional signs that the Fed sees improving fi....
Recession: Keynesian or Hayekian
By Vipin Veetil
0 comments»
In the Times of India I hear is all about “infotainment”, with more information less entertainment in economic times. So as far ET columnists go hardly can one hold them the standards of an academic debate, loose ends are quite natural. But what ....
By Vipin Veetil
0 comments»
In the Times of India I hear is all about “infotainment”, with more information less entertainment in economic times. So as far ET columnists go hardly can one hold them the standards of an academic debate, loose ends are quite natural. But what ....
Blog Categories
Most Commented
Missing The Obvious
By Dan McLaughlin
43 comments»
I recently heard a very knowledgeable, influential person talking about the future. He had many insights that were helpful and valid. His economic views, however were quite disturbing. He made a comment to the effect that capitalism is immoral. He po....
By Dan McLaughlin
43 comments»
I recently heard a very knowledgeable, influential person talking about the future. He had many insights that were helpful and valid. His economic views, however were quite disturbing. He made a comment to the effect that capitalism is immoral. He po....
GOLD STANDARD ... DEBUNKED OR ANOTHER BUBBLE?
By Stephan Zimmermann
38 comments»
The financial liquidity crisis is in full swing around the world. It is no wonder that experts and novices alike seek ways and means to prevent a future recurrence. Many different solutions are enacted and proposed. All of them center on wealth and m....
By Stephan Zimmermann
38 comments»
The financial liquidity crisis is in full swing around the world. It is no wonder that experts and novices alike seek ways and means to prevent a future recurrence. Many different solutions are enacted and proposed. All of them center on wealth and m....
The End Of Fractional Reserve Banking?
By Dan McLaughlin
27 comments»
United States Treasury Notes were recently auctioned off for a yield of 0%. That means that very smart people running mutual funds, brokerage houses and other very large organizations were willing to invest lots of money and get nothing in return ot....
By Dan McLaughlin
27 comments»
United States Treasury Notes were recently auctioned off for a yield of 0%. That means that very smart people running mutual funds, brokerage houses and other very large organizations were willing to invest lots of money and get nothing in return ot....
Got an Economics Question?
By Stephan Zimmermann
21 comments»
The Internet, television, and magazines or newspapers are full of features concerning economics. So is Amateur Economists. The gamut runs from economic philosophy to politics to econometrics and more. Readers have many questions. Undoubtedly, you w....
By Stephan Zimmermann
21 comments»
The Internet, television, and magazines or newspapers are full of features concerning economics. So is Amateur Economists. The gamut runs from economic philosophy to politics to econometrics and more. Readers have many questions. Undoubtedly, you w....
Why I want to get out of America as fast as I can
By Bhagwad Jal Park
17 comments»
I arrived in the United States a few months ago with my wife. It was my first time to America, and I was looking forward to experiencing new things and enjoying myself. However, I am becoming aware that far from being everything that America is hyped....
By Bhagwad Jal Park
17 comments»
I arrived in the United States a few months ago with my wife. It was my first time to America, and I was looking forward to experiencing new things and enjoying myself. However, I am becoming aware that far from being everything that America is hyped....
Dominant Economic Views in Western Society, Part II
By Stephan Zimmermann
16 comments»
It would be (or maybe is?) an interesting and informative exercise to poll existing undergraduate economic students whether they consider themselves “Homo economicus.” A second part of the study could be completed with graduate students, about to ....
By Stephan Zimmermann
16 comments»
It would be (or maybe is?) an interesting and informative exercise to poll existing undergraduate economic students whether they consider themselves “Homo economicus.” A second part of the study could be completed with graduate students, about to ....
Inflation, Deflation, Recession
By Norbert Haag
16 comments»
We all know what inflation is, don't we? Sure, we know, it is rising prices. Is it? Why? What is the reason for higher prices? And, more important, do the prices really rise? Compared to what? Have I confused you? Good. Time to talk a bit about the ....
By Norbert Haag
16 comments»
We all know what inflation is, don't we? Sure, we know, it is rising prices. Is it? Why? What is the reason for higher prices? And, more important, do the prices really rise? Compared to what? Have I confused you? Good. Time to talk a bit about the ....
A World Without the Fed: Why Opposition to the Central Bank is Growing
By J.D. Seagraves
15 comments»
“How is the Fed’s performance in the present economy,” asks The Citizen Economists’ Poll. “They’re doing excellent,” say a sarcastic and/or deranged 5 percent of respondents. Twenty-one percent say they’re “doing okay,” and another 12 percent say “pr....
By J.D. Seagraves
15 comments»
“How is the Fed’s performance in the present economy,” asks The Citizen Economists’ Poll. “They’re doing excellent,” say a sarcastic and/or deranged 5 percent of respondents. Twenty-one percent say they’re “doing okay,” and another 12 percent say “pr....
Subscribe
Get Our Blogs in Your Inbox
The Citizen Economists Poll
Q.
What do you think of the latest U.S. stimulus plan?
It will work well.
It will make our situation worse.
I think it will have a small positive effect.
It's a waste of money.
I'm undecided.
Book Review
Lessons on Innovation from the CEO of Proctor & GambleAs the subtitle (How You Can Drive Revenue and Profit Growth) of The Game-Changer indicates, this recent volume by A. G. Lafley and Ram Charan is meant more as a business book, even a business how-to manual, than as an economics text. T..
Blogroll
In the Forums
Religion and Economics
"Without referring to religion, the point that would-be economists need to address is their fundamental view of nature of mankind. To me it is important that not only the Judeo-Christian-Muslim views be addressed, but also the various philosophies of the...African worlds. Perhaps since the U.S. and modern Europe are the accepted leaders in terms of economic theories, tracing that branch of the science back to Abrahamic principles might well be an appropriate first step. ...No matter what the approach, a recognition of each person's view of the nature of mankind should make economics much easier to digest and understand." Discuss...
Recent Comments
Simon:
A budget crisis is a necessity for most states - it's the only way to force legislators towards some semblance of rational spending. CA's problems is too many pigs at the trough, with too many inefficient programs that legislators are (so far) unw...
A budget crisis is a necessity for most states - it's the only way to force legislators towards some semblance of rational spending. CA's problems is too many pigs at the trough, with too many inefficient programs that legislators are (so far) unw...
david:
Of course board certification matters. Otherwise how do you know you know enough to take care of your patients? If you have spent enough time in the medical profession, you will easily tell whether a doctor is board certified or not, based on their c...
Of course board certification matters. Otherwise how do you know you know enough to take care of your patients? If you have spent enough time in the medical profession, you will easily tell whether a doctor is board certified or not, based on their c...
XSmith:
Thank you for comments and these good articles.I am in a big problem with the insurance companies.I am in UK. Everything you are saying is exactly the same here, but there is a difference... .Insurance companies are accusing doctors of unbundling wh...
Thank you for comments and these good articles.I am in a big problem with the insurance companies.I am in UK. Everything you are saying is exactly the same here, but there is a difference... .Insurance companies are accusing doctors of unbundling wh...
Dan McLaughlin:
The national plan for dealing with insolvent states is to let the citizens of that state who got the benefits of all fo the profligate spending bear the burden. It is unconscionable to spread the burden of assinine policy on those who neither suppor...
The national plan for dealing with insolvent states is to let the citizens of that state who got the benefits of all fo the profligate spending bear the burden. It is unconscionable to spread the burden of assinine policy on those who neither suppor...
Dan McLaughlin:
I recognize that you are not promoting this, but the very idea that a government functionary can possibly know what makes any individual more or less happy than the individual himself or herself reeks of pompous arrogance. Yet that is the only polic...
I recognize that you are not promoting this, but the very idea that a government functionary can possibly know what makes any individual more or less happy than the individual himself or herself reeks of pompous arrogance. Yet that is the only polic...
Nashville Homes:
I think it's way too early to call it a come back, Zillow has not adjusted seasonality out of those charts. It is interesting to see Boulder's prices so high, I never would have guessed that!...
I think it's way too early to call it a come back, Zillow has not adjusted seasonality out of those charts. It is interesting to see Boulder's prices so high, I never would have guessed that!...
Dirk:
The best solution for alternative energy adoption is strong economic growth. No one did as much for alternative energy as George Bush. When oil is over $100/barrel and demand is strong, you'll be amazed at the investment you'll see in solar and ele...
The best solution for alternative energy adoption is strong economic growth. No one did as much for alternative energy as George Bush. When oil is over $100/barrel and demand is strong, you'll be amazed at the investment you'll see in solar and ele...






