Well, that 3.5% 2006:Q4 GDP growth was fun while it lasted.
Author Archives: James_Hamilton
Recession watch
Recent data leave me significantly more bearish than I was a month ago.
Creative exam answers
Now this is funny.
San Diego County pension fund
I have been developing concerns about the possibility that hedge fund investment flows have become a destabilizing force in world financial markets. Following the maxim “think globally, act locally,” I decided to take a look at how the behavior of our local pension funds may be one small part of that phenomenom. And I have some recommendations to make on behalf of San Diego County residents and the world at large.
Worrisome data on industrial production
Overshadowed by the euphoria over
Bernanke’s testimony last week was news that the Federal Reserve Board’s
index of industrial production fell
one-half percent in January.
Saudi oil production cuts
This is a potentially huge story that is not being adequately investigated by the financial press.
The market reads Bernanke’s lips
The Fed Chair speaks, and the market jumps. But why?
Resources for economics students and professors
Here is a collection of links to recent news stories that apply some of the ideas we’ve covered in the principles of economics class I’m teaching at UCSD this quarter.
How Paul Volcker became a practical monetarist
A bit of history I only recently learned.
Ethanol subsidies
Why do Americans love their ethanol so much?