Lots of talk this week of an inverted yield curve, such as
Macroblog, Big Picture,
Economist’s View,
Hypothetical Bias, and Mises Economics Blog. What’s the big deal?
Natural gas prices
Whee, it sure is fun being a natural gas trader, don’t you think?
Here and there around the web
Catching my eye here and there around the web this week: the source found for one of Saturn’s rings and some interesting comments on Enron, Iran, and Americans serving in Iraq.
The post-recession employment record
How well are workers doing?
Prices and energy use
More evidence that yes, rising prices change consumers’ behavior.
Wages and compensation: a correction
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.
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.
What’s out there?
New IMF quarterly data on central bank reserve holdings
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?