Thanks to my readers Movie Guy, Joe Rotger, and Spencer (as well as Dave Altig in personal email communication) for helping to clarify a misunderstanding I may have helped promote with my post earlier this week on wages and total compensation.
Author Archives: James_Hamilton
Podcast with Kudlow & Company
I had a reunion with two of my previous pajama party participants, Paul Hoffmeister of Polyconomics, and Larry Kudlow of Kudlow and Company and Money Politics. This time we had an old-fashioned spoken conversation on the state of the economy that’s available as a podcast.
Rockfall lawsuit
When I expressed dismay this fall about a lawsuit against the National Park Service on behalf of a rock climber killed by a rock slide, several readers told me not to worry, the case would be dismissed. Well, you were right.
Declining real wages
How concerned should we be about the downward trend in real wages?
The real yield curve
Economist’s View reported last week on a letter from Alan Greenspan that addressed some questions about monetary policy posed for the Fed Chair by Representative Jim Saxton (R-NJ). I was particularly interested in Greenspan’s explanation of why he is not concerned about the seemingly bearish connotations of the slope of the yield curve.
Beat that growth rate!
Simon World and Daniel Gross are just a wee bit suspicious of the claim that Chinese GDP grew by 18% overnight (which would be 2 x 1028% at an annual rate).
There’s no question that China is experiencing very strong growth. But exactly how much? I doubt that anybody knows for sure.
The ungouging of gas prices
As long as you’re willing to twist (or ignore) enough of the facts, you can continue to be persuaded that the earth is actually flat.
The gold standard and the Great Depression
How the gold standard contributed to the Great Depression.
Blogjam at the PJ Corral
I participated in a blogjam yesterday hosted by Pajamas Media. What’s a blogjam, you ask?
Only 17 more (oil) shopping days until December 31
Does everybody remember this story from July 3?