Does the importance of values encouraged in children vary with size of government?

If big government is taking us towards a brave new world we might expect this to show up in differences in values held by people in countries with big and small governments. As discussed in my last post there seems to be some evidence that people in high-income countries with big governments tend to . . . → Read More: Does the Importance of Values Encouraged in Children Vary With the Size of Government?

Reserve Bank of Australia Gold Sale

Further to The Australian’s 11 January article “Reserve Bank’s gold sale cost us $5bn”, I thought my readers may be interested our then CEO’s response to the 1997 sale.

Consider these quotes:

“It is important to remember that we are evaluating gold now in a low-inflation environment, in which other financial assets are currently . . . → Read More: Reserve Bank of Australia Gold Sale

Pension Purgatory

I just don’t have it in me to comment more than point out the pension purgatory we are in.. and at this rate will forever be in.  The current and soon to be re-identified WDUQ: Pension Valuation Could Take Months

I guess it is better than pension hell?

There are public pension doings in . . . → Read More: Pension Purgatory

Economic Events on January 19, 2011

The Mortgage Bankers’ Association purchase index was released at 7:00 AM EST, and there was a week to week decrease of 1.9% in the Purchase Index and a week to week increase of 7.7% in the Refinance Index.

At 7:45 AM EST, the weekly ICSC-Goldman Store Sales report will be released, giving an update . . . → Read More: Economic Events on January 19, 2011