Today we are pleased to present a guest contribution written by Hal Varian, Emeritus Professor at the School of Information, the Haas School of Business and the Economics Department at UC Berkeley.
Stephen Moore Is a Liar
Or a statistical incompetent. Or both.
Continue reading
Guest Contribution: “The Case against Subsidizing Housing Debt”
Today, we present a guest post written by Jeffrey Frankel, Harpel Professor at Harvard’s Kennedy School of Government, and formerly a member of the White House Council of Economic Advisers. A shorter version appeared in Project Syndicate.
Beware the State Level Employment Series: Kansas Edition
Steven Kopits, in response to my caution over using state level household based employment series, writes:
If you are telling me you’re smarter than BLS, go ahead.
Well, I don’t think I’m smarter than BLS. I just think it’s a good idea to know what kind of imprecision is associated with the series one works with — so without further ado, here are two vintages of household survey based civilian employment for Kansas. Tell me what you think…
Continue reading
Guest Contribution: “Uncertainty and business investment in the UK after the Brexit”
Today, we are pleased to present a guest contribution written by Laurent Ferrara (Adjunct Professor of Economics, University Paris Nanterre, France). The views expressed here are those solely of the author.
Kansas Employment below Peak
and declining.
Continue reading
Kansas GDP Growth Nil
Quarterly GDP figures for Kansas indicate essentially zero q/q growth in 2016Q4, and 0.3% y/y. This is true despite the end of the drought. BEA Plains region growth outpaces Kansas, as well.
Continue reading
Coverage Implications of the Revised AHCA
Or, “CBO Score — them’s fightin’ words!”.
From today’s CBO score of the AHCA, bottom line, 14 million more uninsured next year, and 23 million more by 2026.
“Tooth Fairies and Ludicrous Supply-Side Economics”
That’s how Larry Summers described the growth forecasts underpinning the Trump budget released today. And I can’t really disagree, regarding the medium to longer term forecasts.
Continue reading
Guest Contribution: “Big Data and Fake Forecasts”
Today, we are fortunate to present a guest contribution written by Simon van Norden, Professor of Finance at HEC Montréal.
Continue reading