In response to my summary for 2022 and argument that it was unlikely that 2022H1 would be called a recession, Mr. Steven Kopits writes: So, for H1: 3. Civilian employment was flat to down Well, it pays to look at actual data before pontificating.
Mr. Steven Kopits asserted that the Philadelphia Fed’s early preliminary benchmark supported a recession in 2022H1, to wit:
A cautionary tale for my undergraduate economics students
Reader Steven Kopits wonders why, in order to show the relative prominence of government spending, I don’t merely take the ratio of one real index to another real index. Specifically, he admonishes me:
I find this presentation confusing. … Is it not possible to present this data as a simple percent of GDP?
Quick links to a few items I found of interest:
We’re pleased to feature another post from Steven Kopits of Douglas-Westwood, this time on lessons to be learned from the BP oil disaster.
We’re pleased to feature another post from Steven Kopits of Douglas-Westwood, this time on the EIA’s oil demand outlook.
Today Econbrowser is pleased to host this guest contribution from Steven Kopits, who heads the New York office of Douglas-Westwood, energy business consultants.
You should run away from that “policy analyst” as fast as you can. The above is a quote from Steven Kopits, who styles himself a policy analyst. His entire comment is here.
Public Service Announcement, for those who wish to talk intelligently about macro, instead of ranting. Here’s what I use (in response to Steven Kopits asking “What the he** do you teach your students, Menzie”). The following are free use, or older editions that have been superseded by newer.
Reader Steven Kopits writes in response to Are you better off than you were four years ago?: