April 4, 2015
Part II: The Etzioni Project Finds a Home
View the original here: Part II: The Etzioni Project Finds a Home
Hard hitting global and local news
Hard hitting global and local news
View the original here: Part II: The Etzioni Project Finds a Home
For discussion of income distribution, please see What’s "Really" Behind Gross Inequalities In Income Distribution? Birth Death Model Starting January 2014, I dropped the Birth/Death Model charts from this report. For those who follow the numbers, I retain this caution: Do not subtract the reported Birth-Death number from the reported headline number
See the original article here: Thrown Under the Bus: Another Look at the Self-Serving Launch of Ben Bernanke’s Blog and…
Read More: Trade Deficit Shrinks; First Quarter GDP Estimate Ticks Up to 0.1%
Factory Orders Unexpectedly Rise Snapping String of 6 Straight Declines After six straight months of factory orders unexpectedly declining, economists apparently were finally convinced that bad weather would continue indefinitely. Factory orders rose, albeit barely, and last month was revised way lower, nonetheless it was amusing to see economists expectations were in the wrong direction for the seventh straight month.
More: Construction Spending Unexpectedly Declines; Good News For Economists!
Bloomberg reports Shanghai Traders Make Trillion-Yuan Stock Bet With Borrowed Cash . Shanghai traders now have more than 1 trillion yuan ($161 billion) of borrowed cash riding on the world’s highest-flying stock market.
See more here: Driverless Car Completes California to New York Trip; UK Rewriting Traffic Laws as Tests Begin
Read the article: Iceland Ponders Radical Money Plan Including Elimination of Fractional Reserve Lending and Deposit Insurance