On Friday I attended the U.S. Monetary Policy Forum in New York City. I will be posting some material about the paper I presented at the conference later this week. But today I wanted to mention an interesting talk at the conference by Harvard Professor Greg Mankiw on health care costs.
Author Archives: James_Hamilton
Minimum wage and unemployment
With the recent proposal to raise the minimum wage, I noticed that California currently has one of the highest minimum wages ($8.00/hour) and one of the highest unemployment rates (9.8%) in the country.
Planned crude oil pipelines
The EIA last week released a nice summary of planned additional U.S. pipeline capacity.
Prices of gasoline and crude oil
Here I comment on some recent developments affecting the prices of WTI, Brent, and gasoline.
Dude, where’s my cheap gas?
Those who have been told that oil production is booming may be wondering why the prices of oil and gasoline are climbing again.
Is this a good time to buy stocks?
With the stock market setting new 5-year highs, I was interested to take another look at some of the long-term fundamentals underlying equity values.
GDP falling again
The BEA released today its estimate of 2012 fourth-quarter real GDP, which declined slightly from the third quarter. How scary is that?
Links for 2013-01-23
Quick links to a few items I found of interest.
A long-run perspective on the U.S. deficit and debt
Federal Reserve Bank of St. Louis economist Daniel Thornton has a new paper looking at long-run factors in the U.S. deficit and debt. His graphs tell a familiar story, but one worth repeating.
Debt-ceiling economics and politics
Let me outsource this topic to some others who’ve said it better than I could.