Tim Iacono at The Mess That Greenspan Made had some interesting graphs this week.
All eyes on housing
Mark Thoma notes that the most recent FOMC statement has changed from declaring growth is “likely to moderate” to “Recent indicators suggest that economic growth is moderating”. The first stages of the long-anticipated cooling of the housing market certainly appear to be here now.
A Budgetary Counterfactual
What if we had not cut taxes for the richest and increased discretionary spending faster than the rate of inflation?
Energy independence
A reader writes, “Can you provide for readers of Econbrowser a range of estimates for the price of crude oil at which the US would be self-sufficient in the present and near future?”
More on the Costs of Energy Dependence
Quantification is the first step in assessing the proper course of action
EPA report on boutique fuels
There is a curious difference between the EPA report on boutique fuels that was actually released by the EPA and the account in the mainstream press.
Measuring the import component of U.S. exports
In order to export in a competitive market, we need to import
Oil market predictions
Cambridge Energy Research Associates seems to be substantially less optimistic than they were a year ago.
Some Iraq cost metrics on a one year anniversary
Evaluating the costs one year after Cheney’s prediction of “the last throes …of the insurgency”
Inflation and the Fed
Certainly the recent inflation data have been– Dave Altig says
insert something negative here, so I’ll just say “unwelcome”. But when Fed Chair Ben Bernanke declared that’s exactly the way he sees it, too, markets stood up and took notice. Let’s review some of the dramatic market adjustments that have occurred since Bernanke’s June 5 remarks.