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February 9, 2015 0

Consumers Report Stable Inflation Expectations, Lower Spending Growth Expectations

By News Desk

Consumers Report Stable Inflation Expectations, Lower Spending Growth Expectations Posted by Michael Shedlock at 3:09 PM Disclaimer: The content on this site is provided as general information only and should not be taken as investment advice. All site content, including advertisements, shall not be construed as a recommendation to buy or sell any security or financial instrument, or to participate in any particular trading or investment strategy. The ideas expressed on this site are solely the opinions of the author(s) and do not necessarily represent the opinions of sponsors or firms affiliated with the author(s).

February 8, 2015 0

Journal of Economic Perspectives Editor Tries Once More

By News Desk

A Whole Fleet of Gremlins As Frank Ackerman pointed out in a scholarly matter, there is not much there in that figure with multiple numbers of the few points coming from the same models over a couple of decades. Eli would have enjoyed listening in to the exchange of views at JEP, but the JEP editor has settled on using the figure appearing in the AR5 A point of continuing discussion, here at RR has been is whether the several cited studies have any coherent message, for example, can a responsible economist fit the data

February 5, 2015 0

Playground Bully Theory vs. Eurozone Gang Rules; The Only (and Ironic) Solution

By News Desk

In a interview yesterday on Zeit Online, Greek finance minister Yanis Varoufakis admitted the obvious truth: "I’m the Finance Minister of a Bankrupt Country" . It took an amazing amount of time to admit the obvious truth, but the important point is the truth is finally on the table. Effectively, Greece finally admitted that it has no more funds to pay the bully