From Bloomberg::
The U.K. will press European Union leaders to consider blocking Russian access to the SWIFT banking transaction system under an expansion of sanctions over the conflict in Ukraine, a British government official said.
Russian Forces in Ukraine
Edit/update 8/30:
T72BM (only known to be in service in the Russian army) in Ukraine, 8/26. Source: IISS
Guest Contribution: “The Cause of Secular Stagnation? Relative Prices, Trade, and the People’s Republic of China”
Today we are fortunate to have a guest contribution written by Doug Campbell, assistant professor at the New Economic School (Moscow).
I Killed Some Brain Cells Today: Episode 2
“Energy regulation efficiency” and economic growth.
Last time, we turned to the Phoenix Institute for some mind-numbing, soul-killing “research”. Today we look to the Pacific Research Institute for some dumbfounding “analysis”.
What did quantitative easing accomplish?
Roger Farmer has taken a new look at an issue concerning the Federal Reserve’s program of large-scale asset purchases (referred to in the popular press as “quantitative easing”) that I’ve been discussing on Econbrowser and in my research with University of Chicago Professor Cynthia Wu for some time.
New Quarterly Gross State Product Series: Wisconsin and Minnesota
The BEA has released a new quarterly Gross State Product (GSP) series for states — a tremendous innovation for those of us interested in tracking state economies.
Chinn-Ito Financial Openness Index Updated to 2012
The Chinn-Ito index revised and updated to 2012 is now available here.
UCSD graduate program in economics
I saw an interesting statistic in the latest issue of Journal of Economic Perspectives. If you rank North American economics Ph.D. programs in terms of the publishing success of their median student in the first six years after graduating, UCSD comes in second.
Number one? Seems to be Princeton.
(Not) The Leader of the Pack: Wisconsin and Her Neighbors
Today the Philadelphia Fed released coincident indices (measures of aggregate economic activity) for the states and the US. Wisconsin outperforms Kansas — a very low bar — and yet has lagged all her neighbors.
Wisconsin Employment Trends in Context
Following up on last Thursday’s post, here is a depiction of how Wisconsin and Kansas — ALEC darlings — fare against Minnesota and California.