Senator Barraso (Republican-Wyoming) follows in the fine tradition of Allen West in charging a conspiracy so vast…
Monthly Archives: March 2014
Tight oil making a difference
Oil produced from tight formations in the United States inaccessible before the days of horizontal fracturing is now accounting for 4.3% of total global crude oil production, according to new estimates released by the EIA last week.
Faith and Econometrics: Minimum Wage Edition
Why bother with econometrics when revealed truth will do?
Some Macro Implications of a Minimum Wage Hike
With updates on the econometric debates on effects, and efficacy in targeting low income groups (3/30)
Minimal employment number impacts and minimal inflation impacts. But I am sure the resistance to having a greater share of income going to labor will continue.
Russia to Recession?
From Reuters:
Russia is at risk of recession as investors pull money out of the country, with growth likely to evaporate if capital outflows reach $100 billion, the head of its largest bank, state-owned Sberbank, said on Monday.
Graphs of key economic trends
Here are some graphs of economic data that illustrate some interesting trends.
Crimes and Punishments
How vulnerable to sanctions — official and market-driven — is Russia?
The Midwestern Laggard
Wisconsin continues to lag the other regional economies
Time for Some Traffic
Total vehicle miles driven in the United States have not re-attained pre-recession peaks.
2014 Econbrowser NCAA tournament challenge
It may be snowing back east, but March Madness has arrived just the same. Time to invite everyone to test your uncanny ability to predict the outcome of the U.S. college mens’ basketball tournament. Field seems particularly wide open this year. If you want to participate, go to the Econbrowser group at ESPN, do some minor registering to create a free ESPN account if you haven’t used that site before, and fill in your bracket with who you think might be the winners of each game. Just be sure you complete your predictions before Thursday, because the Econbrowser group does not allow changes in your bracket after the round of 65 begins on Thursday.