


Here’s a list of interesting readings for this week.
In NY Times, Paul Krugman discussed (link) the painfulness of financial crisis in Ireland and the U.S and suggesting what we should learn from banking regulation in Canada to prevent future crises of similar proportions.
In Waging War on Black Teens, Richard W. Rahn and Izzy Santa wrote [...]
The Manpower Employment Outlook Survey is conducted quarterly to measure employers’ intentions to increase or decrease the number of employees in their workforce during the next quarter. It is the most extensive forward-looking survey of its kind, unparalleled in its size, scope, longevity and area of focus. The Survey has been running for more than [...]
On Friday the government reported that the unemployment rate in the U.S. held at 9.7% in February and employers cut fewer jobs than anticipated. The stabilization in the labor market continued even as two East Coast blizzards of 2-3 feet each forced closings of some businesses during the period.
Furthermore, the jobless rate, which has [...]
Earlier this day, I came across Moody’s Misery Index (link) which estimated the size of macroeconomic difficulties in European countries. In particular, European countries within and outside the Eurozone are likely to face stagnant GDP growth rates, high unemployment rates, deflationary pressures and a depressing fiscal outlook.
Moody’s Sovereign Misery Index
Source: FT Alphaville (link)
The most [...]
The great monetary scientist Isaac Newton, who served as England’s Master of the Mint for 24 years, also did some ancillary work in physics. The laws of Newtonian physics are known by nearly everyone and are often used by analogy to apply logical reasoning in other fields. In this case, a few of these laws [...]
As we ring in the New Year here are the top Good News Headlines of 2009.
1. Graphs That Lie (A First Look 1974 vs 2008 Stock Behavior)
2. What was Warren Buffet doing in 1974? (Invest Now and Get Rich)
3. John Cassidy (The Eternal Pessimist) Sees The Light
4. Deflation? NOT!
5. Evidence [...]
Last week markets were subdued as many economists and investors on Wall Street and Main Street took several days off to prepare for holiday celebrations.
The data that did arrive was mostly reminiscent of the spirit of St Nick – slipping coinage into stocks without their owner’s knowledge.
A report on the Tuesday before Christmas showed that [...]
Last month we predicted that jobs growth would likely begin to return by Christmas. Now Texas data confirms that jobs growth is on the way.
Seasonally adjusted data from the Texas Workforce Commission shows that during October and November, the state’s employers added nearly 70,000 jobs. Gains were in categories such as education and [...]
President Barack Obama pressed forward with his job-creation proposals on Tuesday. Specifics included a hiring tax credit to businesses and other stimulus components. Further, those stimulus programs that he believes have worked best thus far, he would like to extend or amplify.
Thus far the existing stimulus efforts have taken an abysmal rate of 700,000 jobs [...]
President Obama convened a “jobs summit” at the White House Thursday morning. It was likely one of the more brilliant moves of his presidency.
One of the most notable early promises from Obama was that the massive stimulus measure signed into law earlier this year would save or create 3.5M American jobs. The President and the [...]





