Occupy Nigeria – a reactionary occupy movement?

On January 1st, Nigerian President Goodluck Jonthan put into place a reform that he and key ministers have been discussing for years: he ended a 20-year old subsidy that kept Nigeria’s petrol prices the lowest on the continent. When Nigerians went back to work on Monday, the 2nd, they discovered that not only had . . . → Read More: Occupy Nigeria – a reactionary occupy movement?

An Alternative Explanation to the College Bubble

Direct and indirect federal subsidy is often offered as the primary reason for the occurrence of the current college bubble. Most effects of the college bubble are traced back to federal funding, in the forms of student grants and subsidized loans, not to mention research grants as well as general academic funding and diversity . . . → Read More: An Alternative Explanation to the College Bubble

Today's Inquiry into English Usage and Basic Mathematics ...

This one’s from the New York Times …

And as the Pentagon confronts the prospect of cutting its budget by about 10 percent over the next decade …

… but you can probably find it in just about any newspaper article discussing the upcoming “budget cuts.”

So, just how deep are these horrendous, army-killing . . . → Read More: Today’s Inquiry into English Usage and Basic Mathematics …

Economic Events on January 9, 2012

At 3:00 PM Eastern time, the Consumer Credit report for November will be released.  The consensus estimate is that there will be an increase of $7.6 billion in the consumer credit available in November, after an increase of $7.7 billion in the previous month.