Unlike some other pundits, I see a number of good ideas in the President’s new proposals and actions announced on Tuesday.
Contango, speculation, and the price of oil
Lynne Kiesling (Knowledge Problem),
John Whitehead
(Environmental Economics) ,
Stephen Ayer
(Disinterested Party), and whoever that is blogging over at Oil Wars were among those commenting on this article ($$ required) at the Wall Street Journal.
The Debate over the Impact of the Budget Deficit on the Current Account Deficit
What does the empirical literature say?
Who’s afraid of $3 gasoline?
Does the expected strong 2006:Q1 GDP report mean that the economy will shrug off the recent resurgence of gas prices?
Is the Renminbi (Rmb) undervalued in price terms? Does it matter if it is?
With the visit of President Hu to the United States, Chinese currency misalignment is at the top of the agenda. What is “misalignment”?
Oil goes higher and higher
The NYMEX May 2006 crude futures contract closed today above $71.
Even more on the employment report
A contrarian perspective on employment growth
Rising gas prices: whom should we blame this time?
U.S. gasoline prices are again moving quickly up. Some of the politicians who are looking for a scapegoat might do well to look in a mirror.
Specter’s antitrust bill
I share the concerns expressed at Mises Economics Blog and the Voluntary Trade Council about antitrust legislation introduced this week targeting both domestic and foreign oil producers.
Real vs. nominal, seasonally adjusted vs. nsa
A primer on real, nominal, physical units, and seasonal adjustment