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?
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.
Current Account figures for 2005q3
Reading behind the numbers