Volcanos, Weather, and the Economy
I think volcanos gave California rain and cold weather. But — as Dr. McCoy would say — “Dammit, Jim, I’m an economist not a meteorologist.” Continue Reading →
Tag Archives: economy
Why Stock Markets Are Booming
Why are stock markets booming? Joe Weisenthal gives ten reasons in his Twitter thread extending his piece at Bloomberg Markets. Continue Reading →
Stimulate the Economy and Spend Nothing
Three ways the government can stimulate the economy without spending anything. Continue Reading →
Poll for Dems in February 2015 Trashes the State of the Economy
For the better part of six years I (and others) have been explaining that the economy is not in very good shape. Now we have a vast quantity of empirical evidence supporting our argument. Continue Reading →
Puzzling Bernanke Quote
Parsing this quote is a task probably left to Talmudic scholars or others wiser than me. Continue Reading →
Dissecting the First Quarter GDP Numbers
The contribution of government spending to first quarter growth was -0.37%. You read that correctly. Government spending was actually a drag on the economy. Continue Reading →