George Selgin’s 1997 monograph (published by the IEA of London) Less Than Zero: The Case for a Falling Price Level in a Growing Economy is now available on-line. What great news!
With confusion about money, banking, and monetary policy running rampant these days, George’s clear and compelling argument for “the [...]
Nice interactive graphic from Russell Investments looking at the state of the economy. Russell uses 4 market and 4 economic data points:
>
[...]|Peter Boettke|
Over at ThinkMarkets, Mario Rizzo explains "What is Austrian Economics?" He explains the origins of his classic work with O'Driscoll, The Economics of Time & Ignorance, and also explains how in the New Palgrave, he discusses "current work" in the Austrian tradition. I think his final paragraph [...]
Dean Baker:
In Just a Decade the U.S. Interest Burden Could Be as High as It Was in 1992!!!!!!!:
That might not sound scary to most people, but this was the punch line of a front page NYT news story.... The fourth paragraph asserts that:
[...]
NewLiberty on the LvMI Forum shares a bevy of links covering the recent climate scandal that seems likely to become even bigger than the Yamal Controversy...
"So the 1079 emails and 72 documents seem indeed evidence of a scandal involving most of" [...]
Here is a scatter graph comparing the seriously delinquency rate for mortgage loans vs. unemployment rate for all states. The seriously delinquent rate include 90+ days delinquent loans, and loans in the foreclosure process for Q3 2009 (Source: MBA).
Click on graph for larger image in new window.Of young health reform supporters and old empires
I PRESENT two outstanding graphical presentations of data, for your enjoyment. First, from the New York Times, a look at support for health care reform across two critical variables:And second, via Paul Kedrosky, a videographic on the (recent) history of empire:Bonus [...]
Picture du Jour: Plunging dollar erodes non-US investors’ returns
With the US dollar falling down a precipice, spare a thought for non-US investors invested in US stocks and bonds.
The graph below shows the performance of US 10-year Treasury Notes since the beginning of March in both US dollar [...]
here’s another cool interactive map, via the Detroit News:
>
click for ginormous graphic
I think of the biographer as standing up and demanding that economists take their own method seriously. Surely the economist should at some point be required to explain something in the life of an actual human being.
That is from my (favorable) review of E. Roy Weintraub and Evelyn L. Forget, [...]
Click on graph for larger image in new window.
Nice infoporn via Mint, showing the breakdown by income level. To put this into context, as of 2007, the median annual household income rose 1.3% to $50,233.00 according to the Census Bureau.
Click on graph for larger image in new window.
Here is another way to look at existing homes sales: Monthly, Not Seasonally Adjusted (NSA):
