Data on October new home sales released yesterday by the Census Bureau suggest that I may be proved to have been wrong in thinking that new home sales had already hit bottom.
Downshifting and Reversion in Forecasts
My post on CEA’s forecast discussed the similarity between the Administration’s forecast and the Society of Professional Forecasters forecast. What can we learn from recent SPF forecasts, in the wake of decelerating growth.
Housing: speculative bubble or fundamentals?
Caclulated Risk had some interesting observations this week about why forecasts for housing differ so widely across analysts.
Will the Dollar Plunge? Would that Be So Bad?
Yesterday’s dollar plunge unnerved markets. What’s the likelihood of a sustained, drastic decline?
Litvinenko
Martin Kelly is your source for news on the death of Alexander Litvinenko.
Forecasts Then and Now: A Cautionary Tale
The White House released its midterm forecast on Tuesday. Some thoughts on forecasts around turning points.
So who wants Russia’s oil and gas, anyway?
“The Capitalists will sell us the rope with which we will hang them,” Lenin is said to have boasted.
Guest column from Shivaji Sondhi and Michael Cook
The moment seems to be opportune for some creative ideas about how to handle the situation in Iraq. Econbrowser is pleased today to publish a guest column from Princeton professors Shivaji Sondhi and Michael Cook, who direct the Project on Oil, Energy and the Middle East at the Princeton Institute of International and Regional Studies.
Some Puzzling Effects of Productivity on the Real Exchange Rate
What should be the effect of productivity increases on the real exchange rate?
Are the Democrats Truly More Protectionist?
In the wake of the midterm elections, and the failure to renew Vietnamese PNTR, there has been a lot of talk about how more protectionist Democratic lawmakers are. See WaPo, The Economist (pre-election) [sub.req.], WSJ [sub.req.] and here. Greg Mankiw also steps in the fray.