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November 30, 2005
Energy imports, nontradables, and net exports
The messages from the 05q3 Preliminary GDP release.Continue reading "Energy imports, nontradables, and net exports"
Posted by Menzie Chinn at 08:15 PM permalink | Comments (11)
Facing the latest economic data
Here are a few thoughts about some of the economic news that's been coming in over the last few weeks.
Continue reading "Facing the latest economic data"
Posted by James Hamilton at 05:54 AM permalink | Comments (15)
November 29, 2005
What are prospects for Federal debt/GDP?
Did recent surge in tax revenues signal a meaningful improvement in fiscal prospects?
Continue reading "What are prospects for Federal debt/GDP?"
Posted by Menzie Chinn at 06:10 PM permalink | Comments (6)
November 28, 2005
Blind leading the blind
Score another one for the Americans with Disabilities Act.
Continue reading "Blind leading the blind"
Posted by James Hamilton at 02:29 PM permalink | Comments (41)
November 27, 2005
Inverted yield curve edges closer
If you haven't been worrying about the possibility of an inverted yield curve, now might be a good time to start.
Continue reading "Inverted yield curve edges closer"
Posted by James Hamilton at 02:17 PM permalink | Comments (17)
November 21, 2005
Windfall profits tax
Here's a summary of some of the recent discussion about the proposal of a tax on the windfall profits of oil producers.
Continue reading "Windfall profits tax"
Posted by James Hamilton at 03:05 PM permalink | Comments (11)
November 20, 2005
Hedge fund risk
Psst-- want to earn a 41% annual return over a decade? Then read on.
Continue reading "Hedge fund risk"
Posted by James Hamilton at 02:44 PM permalink | Comments (30)
November 18, 2005
Does manufacturing matter?
Tradables and nontradables in the current account adjustment process.
by Menzie Chinn
Continue reading "Does manufacturing matter?"
Posted by Menzie Chinn at 08:50 AM permalink | Comments (33)
November 17, 2005
Inflation under control
Unlike September's troubling inflation statistics, yesterday's release by the Bureau of Labor Statistics of the October consumer price index is more reassuring.
Continue reading "Inflation under control"
Posted by James Hamilton at 03:11 PM permalink | Comments (14)
November 16, 2005
Oil grilling
Sometimes I like to base exam questions for my students on recent news. Here's an exam question to see how thoroughly students understand the economic issues associated with today's allegations about oil companies and the Cheney energy task force.
Continue reading "Oil grilling"
Posted by James Hamilton at 09:41 PM permalink | Comments (35)
November 15, 2005
Facing the 900-pound gorilla
Sooner or later we have to do something about Medicare. Why not sooner?
Continue reading "Facing the 900-pound gorilla"
Posted by James Hamilton at 03:14 PM permalink | Comments (34)
November 14, 2005
Peak Oil at the American Enterprise Institute
A week ago I participated in a discussion at the American Enterprise Institute on peak oil. A video of the event can be downloaded from E&ETV and a transcript is available from Peak Oil News.
Posted by James Hamilton at 12:20 PM permalink | Comments (22)
November 13, 2005
Does it matter whether Bernanke is a Republican?
Mr. Dooley told us that the Supreme Court watches the election returns. So also must the Chair of the Federal Reserve.
Continue reading "Does it matter whether Bernanke is a Republican?"
Posted by James Hamilton at 11:36 AM permalink | Comments (7)
November 12, 2005
Menzie Chinn joins Econbrowser
I'm pleased to report that Menzie Chinn has agreed to sign on as a regular contributor to Econbrowser, so that the official staff of our little enterprise has now doubled. Those who have followed his outstanding earlier contributions as a guest blogger should be as happy as I am with this development.
Posted by James Hamilton at 02:55 PM permalink | Comments (4)
November 11, 2005
Latest trade figures
Is trade deficit stabilization at hand?
by: Menzie Chinn
Continue reading "Latest trade figures"
Posted by Menzie Chinn at 06:38 AM permalink | Comments (26)
November 10, 2005
Senate finds the facts about Big Oil
The Senate Committee on Energy and Natural Resources grilled oil company executives yesterday about their role in recent oil price increases. For some reason I did not find any coverage in the mainstream media of this very interesting exchange between the senators and oil tycoon Jed Clampett.
Continue reading "Senate finds the facts about Big Oil"
Posted by James Hamilton at 08:38 AM permalink | Comments (24)
November 07, 2005
Gasoline prices down
Gas prices have dropped a lot, and further declines are in sight. What's that mean for fuel demand and the overall economy?
Continue reading "Gasoline prices down"
Posted by James Hamilton at 04:36 PM permalink | Comments (22)
November 06, 2005
Latest employment statistics: the clear thing is that it's not at all clear
Last week's GDP statistics and this week's productivity data gave us something to cheer about. Friday's employment figures do not.
Continue reading "Latest employment statistics: the clear thing is that it's not at all clear"
Posted by James Hamilton at 12:15 PM permalink | Comments (8)
November 02, 2005
Autos continue to tank
The worst October for U.S. auto sales in the last 13 years, it was.
Continue reading "Autos continue to tank"
Posted by James Hamilton at 07:21 PM permalink | Comments (50)
How anomalous is U.S. current account behavior?
Is there statistical evidence for the "global savings glut"?
by Guest Blogger: Menzie Chinn
Continue reading "How anomalous is U.S. current account behavior?"
Posted by Menzie Chinn at 08:38 AM permalink | Comments (6)