My Two Cents

Development economist William Easterly writes:...

Confidence is in short supply these days. But Tyler Cowan at Marginal Revolution points to an article that shows there is an unusual source of long...

How much longer can education and health services jobs jobs continue to grow?

Take a look at this chart on the personal savings rate. In about a year, the savings rate has gone from a fraction above 0% to a fraction above 4%....

Steven Pearlstein, business columist of the Washington Post, does a good job of capturing growing frustration. It worth reading the whole article...

A musing on the stock market.......

Congress is complaining that the Obama Administration is asking too much of it. Fiscal stimulus. Bank rescue. Healthcare reform. Retirement...

Economist Bryan Caplan at the Econolog blog highlights a new paper by Theda Skocpol of Harvard University and Suzanne Mettler at Cornell. It's a...

Thanks to Mickey Kaus at Slate I saw this shocking number. The median sales price in the city of Detroit for the three months ending in January was...

The economy is sinking fast. The nonfarm payroll employment dropped by 651,000 in February and the unemoployment rate jumped to 8.1%. Since the...