How Important is the ‘Size of Government’ Component of Economic Freedom Indexes?

A few months ago a guest blogger on ‘The Baseline Scenario’ blog, StatsGuy, wrote a post entitled ‘Good Government Versus Less Government’. It was described as a ‘must-read’ in a post by Tyler Cowen on ‘Marginal Revolution’ and received a great deal of attention on a range of other blogs including Scott Sumner’s (here).

StatsGuy . . . → Read More: How Important is the ‘Size of Government’ Component of Economic Freedom Indexes?

Pittsburgh Past. Pittsburgh Future?

Required reading in itself is Harvard’s Ed Glaeser latest in City Journal: Start-Up City Entrepreneurs are the heroes of New York’s past and the key to its future.

What I caught first was the reference to former Pitt Economist, the late Ben Chinitz, and his thoughts direct from his seminal work. Contrasts in Agglomeration: New York . . . → Read More: Pittsburgh Past. Pittsburgh Future?

Economic Events on November 16, 2010

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 8:30 AM EDT, the Producer Price Index for October will be released.  The consensus is that the index increased 0.8% over last month, and increased . . . → Read More: Economic Events on November 16, 2010