Breaking News
Today's report on the sale of newly constructed homes tells us that the real estate recovery continues unabated. Sales rose 2.3% in April to an [more…]
I missed this earlier, but here's an interesting statement - part of an interview in early May given by John Boehner on Bloomberg TV:
"We [more…]
Dean Baker raises a fun point albeit to disparage the much deserving Reinhart-Rogoff 90% analysis. His point is that there is a difference between the [more…]
There is no serious effort in Washington to deal with our so-called debt crisis. I would like to think this is because people realize we [more…]
The entire conversation in and amongst our elite, whether be in Washington in big business or in the media, seems to be about the Federal [more…]
Well, now we know a little more. Or, perhaps, we just can confirm something we thought all along. Hospitals are very dangerous places for your [more…]
Seven out of ten isn't a bad score. It isn't great either. It's a majority, but isn't totality.
What am I talking about?
I came [more…]
Not if you listen to Carmen Reinhart and Ken Rogoff (R-R) who continue to wallow in a controversy of their own making.
As you are aware [more…]

The State Of Economics: Krugman Is Wrong
by Peter Radford on May 16, 2013
Paul Krugman this morning hammers away at hedge fund managers who, by and large, are complaining about Fed monetary policy, and especially its so-called quantitative [more…]