Drug Price and Violence

ASI:

The other side of all this, which I’m surprised the article doesn’t mention, is that lower costs mean that addicts find it easier to pay for their habit. They’re less likely to resort to theft and mugging, and so on. It’s also noteworthy that crack probably only emerged as a way to get . . . → Read More: Drug Price and Violence

Pollution vs. Income

Just what I am pondering.  From more recent work out of the Cleveland Fed: Manufacturing and Pollution: Trends in Old and New Industrial Centers is this graphic:

Ron Struthers: Timing the Gold Market

Every investor knows that it’s hard to time the market. But Ron Struthers, editor of Struthers’ Resource Stock Report and a 25-year investment veteran, has been able to weave his way in and out of the market with aplomb this year. In this exclusive interview with The Gold Report, Struthers tells what he’s . . . → Read More: Ron Struthers: Timing the Gold Market

Economic Events on November 21, 2011

At 8:30 AM Eastern time, the Chicago Fed National Activity Index for October will be released, providing an update on economic activity and inflationary pressure in the United States.

At 10:00 AM Eastern time, the Existing Home Sales report for October will be released.  The consensus is that existing homes were sold at an . . . → Read More: Economic Events on November 21, 2011