Economic Events on September 3, 2010
By B.P.T.
0 comments»
At 8:30 AM EDT the Employment Situation report for August will be announced, and the consensus for non-farm payrolls is an decrease of 70,000 jobs compared to a loss of 131,000 in July, the consensus for private payrolls is an increase of 40,00....
:: Friday, September 03, 2010
Latest Blogs
California IOUs – One Step Closer To The Brink And About To Break
By Trace Mayer
0 comments»
California IOUs are beginning to infringe on the Federal Reserve’s exclusive monopoly regarding legal tender fiat currency. On 23 August 2010 California bill A.B 1506 passed 9-0 and contains a provision that “a state agency shall accept from a person....
By Trace Mayer
0 comments»
California IOUs are beginning to infringe on the Federal Reserve’s exclusive monopoly regarding legal tender fiat currency. On 23 August 2010 California bill A.B 1506 passed 9-0 and contains a provision that “a state agency shall accept from a person....
Economic Events on September 2, 2010
By B.P.T.
0 comments»
The monthly Chain Store Sales report will be released today. This report on sales in chain stores gives a look at the health of stores that make up about 10% of all retail sales. The Monster Employment Index for August was released today, a....
By B.P.T.
0 comments»
The monthly Chain Store Sales report will be released today. This report on sales in chain stores gives a look at the health of stores that make up about 10% of all retail sales. The Monster Employment Index for August was released today, a....
Dr. Heck vs. Dina Titus' Social Security plans
By Mark Alvarez-Anderson
0 comments»
As a chronic skeptic, I'm leery of any inside-the-beltway plans to "privatize" anything. Without explicitly enumerating definitions, terms and their meanings, this can mean government control over how one allocates capital in the "private" economy. ....
By Mark Alvarez-Anderson
0 comments»
As a chronic skeptic, I'm leery of any inside-the-beltway plans to "privatize" anything. Without explicitly enumerating definitions, terms and their meanings, this can mean government control over how one allocates capital in the "private" economy. ....
Economic Events on September 1, 2010
By B.P.T.
0 comments»
The figures for motor vehicle sales in August will be released today. The consensus estimate is that 8.7 million autos were sold last month, which would be the same number of autos sold in July. The Mortgage Bankers' Association purchase in....
By B.P.T.
0 comments»
The figures for motor vehicle sales in August will be released today. The consensus estimate is that 8.7 million autos were sold last month, which would be the same number of autos sold in July. The Mortgage Bankers' Association purchase in....
Property Rights and Freedom of Religion, Yes; Taxpayer Financing, No
By Thomas Knapp
0 comments»
Per Reuters: The Muslim center planned near the site of the World Trade Center attack could qualify for tax-free financing, a spokesman for City Comptroller John Liu said on Friday, and Liu is willing to consider approving the public subsidy. There....
By Thomas Knapp
0 comments»
Per Reuters: The Muslim center planned near the site of the World Trade Center attack could qualify for tax-free financing, a spokesman for City Comptroller John Liu said on Friday, and Liu is willing to consider approving the public subsidy. There....
Economic Events on August 31, 2010
By B.P.T.
0 comments»
At 7:45 AM EDT, the weekly ICSC-Goldman Store Sales report will be released, giving an update on the health of the consumer through this analysis of retail sales. At 8:55 AM EDT, the weekly Redbook report will be released, givi....
By B.P.T.
0 comments»
At 7:45 AM EDT, the weekly ICSC-Goldman Store Sales report will be released, giving an update on the health of the consumer through this analysis of retail sales. At 8:55 AM EDT, the weekly Redbook report will be released, givi....
Are Americans Pessimistic About the Prospects for the Next Generation?
By Winton Bates
0 comments»
Gary Becker has recently written an interesting article on the Becker-Posner blog about polls suggesting that the majority of parents in the United States are not confident that their children will be better off economically than they are. He suggest....
By Winton Bates
0 comments»
Gary Becker has recently written an interesting article on the Becker-Posner blog about polls suggesting that the majority of parents in the United States are not confident that their children will be better off economically than they are. He suggest....
Q2 GDP Reading Surprises Most
By Eldon Mast
0 comments»
On Friday, the Commerce Department confirmed that Q2 GDP growth was 1.6%. Many of the details pointed to good news for the U.S. Economy. With inflation almost non-existent the report also shows that year over year the economy is up 3.0% Reading su....
By Eldon Mast
0 comments»
On Friday, the Commerce Department confirmed that Q2 GDP growth was 1.6%. Many of the details pointed to good news for the U.S. Economy. With inflation almost non-existent the report also shows that year over year the economy is up 3.0% Reading su....
Economic Events on August 30, 2010
By B.P.T.
0 comments»
At 8:30 AM EDT, the monthly Personal Income and Outlays report for July will be released. The consensus for Personal Income is an increase of 0.3% over the previous month and the consensus Core PCE price index change is an increase of 0.1%.....
By B.P.T.
0 comments»
At 8:30 AM EDT, the monthly Personal Income and Outlays report for July will be released. The consensus for Personal Income is an increase of 0.3% over the previous month and the consensus Core PCE price index change is an increase of 0.1%.....
30 Year Fixed Rates Now Below 4.4% - Should You Refi Yet Again?!
By Eldon Mast
0 comments»
How low can they go? Mortgage rates managed to reach yet another low this week, with the 30-year fixed rate now costing borrowers less than 4.4% for the first time in history. Freddie Mac (FMCC) said on Thursday that the average rate for tradit....
By Eldon Mast
0 comments»
How low can they go? Mortgage rates managed to reach yet another low this week, with the 30-year fixed rate now costing borrowers less than 4.4% for the first time in history. Freddie Mac (FMCC) said on Thursday that the average rate for tradit....
Gold and Silver Versus Market Index Bubbles
By Bron Suchecki
0 comments»
Below is a chart Nick of Sharelynx has been working on to show how much of a bubble gold and silver are in (or not). Note that the x-axis does not have time on it because each bubble had a different timelength (some of the bubbles are 20 years, ot....
By Bron Suchecki
0 comments»
Below is a chart Nick of Sharelynx has been working on to show how much of a bubble gold and silver are in (or not). Note that the x-axis does not have time on it because each bubble had a different timelength (some of the bubbles are 20 years, ot....
Economic Events on August 27, 2010
By B.P.T.
0 comments»
Also at 8:30 AM EDT, the preliminary GDP report for the second quarter of 2010 will be announced. The consensus is an increase of 1.3% in real GDP and an increase of 1.8% in the GDP price index. The real GDP estimate is 1.1% lower than the ad....
By B.P.T.
0 comments»
Also at 8:30 AM EDT, the preliminary GDP report for the second quarter of 2010 will be announced. The consensus is an increase of 1.3% in real GDP and an increase of 1.8% in the GDP price index. The real GDP estimate is 1.1% lower than the ad....
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....
Why Software Piracy Isn't Theft
By Bhagwad Jal Park
31 comments»
In an earlier article of mine on the dependance of Windows on Piracy, I promised a discussion on whether or not software piracy should be considered as theft. Well, here we are, and I would like to demonstrate how piracy is not theft. To start of wi....
By Bhagwad Jal Park
31 comments»
In an earlier article of mine on the dependance of Windows on Piracy, I promised a discussion on whether or not software piracy should be considered as theft. Well, here we are, and I would like to demonstrate how piracy is not theft. To start of wi....
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
22 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
22 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
21 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
21 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....
Inflation, Deflation, Recession
By Norbert Haag
17 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
17 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 ....
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 ....
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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
Rigoberto Gribble:
In the beginning just remember it was darked and then someone smiled! try this: I told the doctor I broke my leg in two places. He told me to quit going to those places. :)...
In the beginning just remember it was darked and then someone smiled! try this: I told the doctor I broke my leg in two places. He told me to quit going to those places. :)...
ip masking:
All of the free services spy on you and use your personal information for profit. Then there are the really bad ones that place bots and trojans on your computer. Pay a couple of bucks and don't get used....
All of the free services spy on you and use your personal information for profit. Then there are the really bad ones that place bots and trojans on your computer. Pay a couple of bucks and don't get used....
BenA:
Not a simple question,we need to look at the morality, and the economics are a part of society based ethics.. The debate on abortion is merely opinion. Moral values are based on either self-centered, God-based or society-based non-provable basic ass...
Not a simple question,we need to look at the morality, and the economics are a part of society based ethics.. The debate on abortion is merely opinion. Moral values are based on either self-centered, God-based or society-based non-provable basic ass...
Manuel Q Bondad:
Rice self-sufficiency is too costly a goal for RP whose natural resources are limited in a manner Asean rice producing countries are blessed.As such authorities should keep RP's option open-by importing rice for a safe buffer stock .Rice importation ...
Rice self-sufficiency is too costly a goal for RP whose natural resources are limited in a manner Asean rice producing countries are blessed.As such authorities should keep RP's option open-by importing rice for a safe buffer stock .Rice importation ...
John:
Haha! Who is this guy anyway? Is he for real? Would someone please tell him that the Fed has announced more quantitative easing. Gold has held steady at $1,200 per ounce DESPITE the Fed trying to supress the price. What we are witnessing is the ...
Haha! Who is this guy anyway? Is he for real? Would someone please tell him that the Fed has announced more quantitative easing. Gold has held steady at $1,200 per ounce DESPITE the Fed trying to supress the price. What we are witnessing is the ...
Bron Suchecki:
Ron Paul Fan, you seem to confuse me quoting something with me agreeing with it. I posted that as a laught, thought it was obviously stupid. You seem to have missed the joke....
Ron Paul Fan, you seem to confuse me quoting something with me agreeing with it. I posted that as a laught, thought it was obviously stupid. You seem to have missed the joke....
