Berkley’s Natural Gas Ban Will Cost Consumers
Congratulations, Berkeley residents. Not only do you get to pay more for your electric stove, you also contribute to greater greenhouse gas emissions. Continue Reading →
Category Archives: Current issues
Berkeley Bans Natural Gas
It’s the ultimate NIMBYism to adopt a plan that will increase overall statewide emissions, continue to outsource a major part of greenhouse gas emissions to another city, and reduce your city’s GHG emissions by a trivial amount. Continue Reading →
Treasury Markets Roiled by Inflation Fears
Zerohedge was the first report of this I saw. The 30 year Treasury bond auction June 10 was as close as we’ve come to a failed auction. Continue Reading →
Justin Wolfers Explains Why Trade Deficits are Irrelevant
In this short video, Prof. Justin Wolfers explains why trade deficits are irrelevant. Humor incleded at no extra charge. Continue Reading →
A Clear Market Signal
The response from stock markets was not pretty. As of 12:17 pm left coast time. the markets had sent a clear, well-defined signal. Continue Reading →
In Defense of Jerome Powell
Pres. Trump has picked a fight with Federal Reserve Chair Powell. On January 13, Mr. Powell restated his commitment to Fed independence. Continue Reading →
Why the Fed Cut Rates at the December FOMC Meeting
Those two facts explain the Fed’s decision to cut the target Federal Funds rate by 25 basis points to a range of 3 1/2 to 3 3/4 percent. Continue Reading →
H1B Visas and the State of American Education
“… U.S. workers do not have ‘certain talents’ ” means workers educated in public schools lack math and science skills. Continue Reading →
What’s Going On at the Fed?
An “upheaval” at the Fed. On July 30, Vice Chair Michelle W. Bowman dissented from the FOMC’s July decision to not change interest rates. Continue Reading →
Fixing GDP Problems Created in Washington DC
The answer is the mismanagement of information by the Trump administration. I’m going to discuss fixing GDP problems created in Washington DC. Continue Reading →