The Empirics of Corruption, Institutions, and Economic Development

Urska Zagar posted two very interesting empirical articles (here and here) about the connections between corruption, economic freedom and economic welfare. The first two indicators are qualitative while the third one is rather easily measurable. In a sample of 50 advanced, developing and least developed countries, she found a positive and robust correlation between . . . → Read More: The Empirics of Corruption, Institutions, and Economic Development

Gold Bulls Bust Myths

John Nadler at Kitco.com had a recent column with the terrific title “Who You Gonna Call? Mythbusters!”

When I read that, I began to sing the song to myself! “Something strange, in the neighborhood. Who ya gonna call? Mythbusters! Something weird, and it don’t look good. Who ya gonna call? Mythbusters!” Wonderful!

Of course . . . → Read More: Gold Bulls Bust Myths

Economic Events on May 6, 2010

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 April was released today, and the index moved up 8 points to a value of . . . → Read More: Economic Events on May 6, 2010