Revisionist Pittsburgh Nabobism

Is Forensic economic blogging a term?  Points all around for some clever forensic economics by Jim Russell and friends.

You will want to read this if you read the PG story covering a recent Brookings report:  Region Did Better in Recession than Recovery.

I won’t steal Jim’s thunder, but read his blog post for the . . . → Read More: Revisionist Pittsburgh Nabobism

Envisioning future scenarios for India and China

Suppose we go back to 1870 and think of four interesting and promising countries.

Britain was the incumbent, the pioneer of the industrial revolution, home of Newton and Darwin, with a head start on building institutions, with sound economic policy and deep integration with a global empire.

Germany, the rising power of Europe, rapidly . . . → Read More: Envisioning future scenarios for India and China

Economic Events on June 27, 2011

At 8:30 AM EDT, the monthly Personal Income and Outlays report for May will be released. The consensus for Personal Income is an increase of 0.4% over the previous month and the consensus Consumer Spending index change is an increase of 0.0%.

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