My Two Cents
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From This Collection
Tough Market for Teenagers
Jul 9, 2008
Although measuring teenage employment during the months when school is out, these numbers from the Cleveland Fed highlight a depressing story when...
$8 Gasoline and the Yukon
Jul 7, 2008
I got a call from a financial advisor this morning, and he had seen a calculation that with zero percent interest financing and all the price cuts...
Returns to Schooling in the U.S.: 1940 to 2000
Jul 7, 2008
Two weeks ago, I played MC at a day long conference at the Federal Reserve Bank of Minneapolis. Among the talks was a look at returns to schooling...
Obama and McCain on Taxes
Jun 24, 2008
Hardly anyone disagrees with this statement: The nation's tax system is a mess. The U.S. tax code is riddled with far too many deductions, credits,...
The Little Book That Saves Your Assets
Jun 18, 2008
The Little Book Big Priofits series is terrific. The books are short, well-written by Wall Street luminaries, and deal with important investment...
In Praise of Speculators
Jun 13, 2008
Want to silence a group of colleagues at work or friends at dinner? Heap praise on speculators--and the market bubbles they help create....
Zandi's Forecast
Jun 12, 2008
Mark Zandi, chief economist at Moody's Economy.com is out with his latest forecast. It's gloomy. He is well worth following:...
For public good, not for profit.
Bad News on the Economy
Jun 6, 2008
The jump in the unemployment rate from 5% to 5.5% is bad news. So is the sickening $12 spike in oil prices....
Good News on the Economy
Jun 5, 2008
It's easy to get depressed about the economy with oil prices at nosebleed levels, food at the grocery store increasingly expensive and home prices...
Deal Mania
Jun 3, 2008
Sorry I have been absent for awhile. But I have several thoughts to blog about over the coming week. To start off, here are some musing aboyt...