Broken Window Fallacy

The country pulled together to fight in WWII – stimulating economic growth

When we study the Great Depression, and the double dip recession of 1937-38, the class discussion inevitably ends up with the role that World War II played in bringing an end to a decade’s worth of poor economic performance. Which leads . . . → Read More: Broken Window Fallacy

Stephen Taylor: Research Chinese Investments Carefully

Growth is where you find it. Taylor Asset Management founder and CEO Stephen Taylor is an active global investor who loves Latin America, China and certain event-driven natural resource plays that he expects will provide big growth to investors who have made a bet on his Taylor International Fund. In this exclusive interview . . . → Read More: Stephen Taylor: Research Chinese Investments Carefully

Real estate stream of consciousness

So we statrt with the Trib: East Liberty Target counts on food shoppers.  Points for mentioning Mansmann’s department store.  How come nobody ever mentions any of the Autenreith’s that were all around town?

Which just makes me wonder… how many residential townhomes could you fit within the footprint of the Shakespeare St. Giant Eagle? . . . → Read More: Real estate stream of consciousness

Economic Events on July 21, 2011

At 8:30 AM EDT, the U.S. government will release its weekly Jobless Claims report. The consensus is that there were 415,000 new jobless claims last week, which would would be 10,000 more than the previous week.

Also at 9:45 AM EDT, the weekly Bloomberg Consumer Comfort Index will be released, providing an update on . . . → Read More: Economic Events on July 21, 2011