Here are some of the thoughts from other analysts about why reported residential construction employment has not been plummeting.
Author Archives: James_Hamilton
Are your inflation expectations well-anchored?
Fed Chair Ben Bernanke’s comments Tuesday about anchors for expected inflation left some analysts unsettled and others mystified. Bernanke was speaking to a group of academic researchers, and I believe his message was intended to provide some insights from practical policy-making to help improve the quality of academic research. So let me offer my interpretation of his message.
IEA becomes more pessimistic
The International Energy Agency’s latest Medium-Term Oil Market Report is significantly more pessimistic about global surplus oil capacity over the next half-decade.
English for fun and profit
Continuing the travelogue from my recent visit to Tokyo, I was also struck by the romantic way that English gets employed commercially, with free-spirited metaphors that must mean something different to Japanese than they would to Americans. Here are some examples.
Energy use in Japan
I was in Japan a week ago, giving lectures at some of the universities in Tokyo and the Bank of Japan. I couldn’t help but be struck by how differently energy is used in Tokyo compared with southern California.
The Compleat UberNerd
An UberNerd, Tanta tells us, is
someone who is compelled to understand how things work in grim detail, even if the things in question are tedious in the extreme, like mortgage insurance policies.
A Compleat UberNerd is then
Someone who has read all these posts already and quotes them at tailgate parties.
She kindly provides all the links necessary to become the Compleat UberNerd over at Calculated Risk.
Puzzling over the employment report
How to reconcile the latest solid employment numbers with other indicators of economic weakness?
June auto sales
Not a good month for the domestic automakers.
What is an Econbrowser?
I asked TouchGraph Google Browser, and here’s what it thinks.
A new U.S. refinery inches a little closer
Some good news on the latest court challenge to the effort by Arizona Clean Fuels to build a new refinery in southwestern Arizona.