A False Analogy

Robin Hanson makes a predictable mistake:

Similarly, the kinds of innovation activities and intellectual property rights that make sense depend on available institutions and technologies. I’m happy to admit that today intellectual property (IP) is not obviously a good idea. Such property can create large “anti-commons” transaction and enforcement costs that greatly raise . . . → Read More: A False Analogy

Eric Lemieux: No Gold Bubble

Laurentian Securities Analyst Eric Lemieux was headed out into the field a few days after this interview to check out the latest progress on some of his favorite exploration plays in the James Bay area of eastern Canada. In this exclusive interview with The Gold Report, he shared his latest insights on the . . . → Read More: Eric Lemieux: No Gold Bubble

Unemployment Redux

If you missed it on Sunday, Trib looked at some of the issues with alternative measures of unemployment that is worth a read.

If you are interested in local data on this, and apologies for the self-referenece, but we compiled all the various alternative measures of underemployment for the Pittsburgh region a few months . . . → Read More: Unemployment Redux

Economic Events on July 26, 2011

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 8:55 AM EDT, the weekly Redbook report will be released, giving us more information about consumer spending.

At 9:00 AM EDT, the monthly S&P/Case-Shiller home . . . → Read More: Economic Events on July 26, 2011