Joel Kupferman, who has done great work on the World Trade cleanup scandal, just sent me this. The last line gives a deep insight into the ...

The tightly wound economy is such that when adjustments to contradictions take place in one spot they create new contradictions elsewhere, a...

Look at the comparison between changes in household debt and the current account balance. I hope that Peter will throw some more light on t...

When I choose my blog pseudo-name – PGL or ProGrowthLiberal – Angrybear suggested I was a Rubinesque Bear, that is, a believer that fiscal r...

Greg Mankiw reproduces a table from the Carpe Diem blog that shows a series called “standardized life expectancy” noting that the U.S. lea...

Menzie Chinn has done us all a service with his review of recent exchange rate theory , which I also skimmed in this . I was particularly i...

Today's Times Business section has an article called "Lessons in Shakespeare, From Stage to Boardroom" that I recommend hear...

I very much appreciated the comments from my first posting of the introduction. Please indulge me for posting another version. I have chang...

Today, http://www.iraqoilreport.com reports that groundbreaking has taken place on an oil pipeline from Iraq to Iran. Crude will be shippe...

This is the gist of what was lost from the previous post. The Friedman/Cowen story has the liberal tourists keeping the price above the equi...

Brad Delong reviews the glut of Freakonomics-style books here: http://chronicle.com/temp/reprint.php?id=ldhnqhyg1grv71j1t99yfvp04t0csw1c He ...

by the Sandwichman "There’s an arcade game called Whack-a-Mole in which a plastic mole pops up and you pound its head with a mallet. Th...

Instability Inc. The Confiscation of American Prosperity: From Right-Wing Extremism and Economic Ideology to the Next Great Depression Micha...

In yesterday's election, the Democrats won back control after over a decade of the State Senate by gaining four seats, mostly in tending...

I don’t think anyone would question whether Gisele Bündchen is simply breathtakingly beautiful. Well it seems BBC thinks she has particul...