Keynesian Tautologies

From Paul Krugman:

Watching Europe sink into recession – and Greece plunge into the abyss – I found myself wondering what it would take to convince the chattering classes that austerity in the face of an already depressed economy is a terrible idea.

After all, all it took was the predictable and predicted failure . . . → Read More: Keynesian Tautologies

Precious Metals Takeovers Push Share Prices: James West

Even in an environment ripe for takeovers, finding and sticking with quality precious metals assets is the strategy that speaks loudest to James West, publisher of the Midas Letter. Read about his philosophical and practical switch from “trader” to “investor” and about which companies lead his list of favorites in this exclusive Gold . . . → Read More: Precious Metals Takeovers Push Share Prices: James West

The Old factor

Just catching up on some things.  A few have asked me about an article a couple weeks ago covering some work from Harold on how Pittsburgh’s medicare spending per capita compares to other regions.  In summary read: it’s really high.

It just got me thinking.  Whenever I see anything like this I wonder about the impact . . . → Read More: The Old factor

Economic Events on February 23, 2012

At 8:30 AM Eastern time, the U.S. government will release its weekly Jobless Claims report. The consensus is that there were 355,000 new jobless claims last week, which would would be 7,000 more than the previous week.

At 9:45 AM Eastern time, the weekly Bloomberg Consumer Comfort Index will be released, providing an update . . . → Read More: Economic Events on February 23, 2012