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Keyword: economist

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  • Sowell: Gary Becker (1930-2014)

    05/05/2014 2:56:25 PM PDT · by jazusamo · 13 replies
    Creators Syndicate ^ | May 5, 2014 | Thomas Sowell
    Nobel Prize-winning economist Gary Becker was internationally renowned within the economics profession, but was not nearly as well known among the general public as he deserved to be. More important, his path-breaking ideas, including his analysis of the economics of racial discrimination, deserved to be much more a part of the many discussions of that subject. More than half a century after Professor Becker's landmark work on the economics of discrimination, most controversies on that subject, both in the media and in politics, go on in utter ignorance of his penetrating insights. So do laws and policies that make discrimination...
  • "Insatiable" Idiocy from the Economist on What to Do About Russia

    04/21/2014 8:51:25 AM PDT · by Kaslin · 12 replies
    Townhall.com ^ | April 21, 2014 | Mike Shedlock
    In "Insatiable" the Economist says "The cost of stopping the Russian bear now is high—but it will only get higher if the West does nothing". Economist: Mr Putin has used the Ukrainian crisis to establish some dangerous precedents. He has claimed a duty to intervene to protect Russian-speakers wherever they are. He has staged a referendum and annexation, in defiance of Ukrainian law. And he has abrogated a commitment to respect Ukraine’s borders, which Russia signed in 1994 when Ukraine gave up nuclear weapons. Throughout, Mr Putin has shown that truth and the law are whatever happens to suit him...
  • Fmr. RNC Economist: Economy Isn't Good - CNN Crossfire Video

    12/07/2013 7:05:45 AM PST · by Son House · 8 replies
    CNN ^ | December 6, 2013 | CNN Crossfire
    Nancy Pfotenhauser, David Madland, S.E. Cupp & Jennifer Granholm debate the latest job numbers.
  • The 20 Greatest Quotes From Walter Williams

    06/18/2013 5:03:00 AM PDT · by Kaslin · 26 replies
    Townhall.com ^ | June 18, 2013 | John Hawkins
    Walter Williams is a veteran, a professor of economics at George Mason University, a syndicated columnist, a fill-in host for Rush Limbaugh and an author of eight books. Williams has one of the finest minds in America as you're about to see as you read these quotations. 20) How many times have we heard “free tuition,” “free health care,” and free you-name-it? If a particular good or service is truly free, we can have as much of it as we want without the sacrifice of other goods or services. Take a “free” library; is it really free? The answer is...
  • Econ Love Ballad

    05/07/2013 11:01:17 AM PDT · by ancientart · 2 replies
    YouTube ^ | May 6, 2013 | Richard Marmorstein
    This video is for the 'Economics Music Video Contest' sponsored by Fayetteville State University's Hackley Endowment. These are students at Washington and Lee University working under Dr. Tim Diette.
  • The Warmist Crisis [Global Warming Becomes a Hot Topic]

    04/09/2013 5:36:47 AM PDT · by Moseley · 13 replies
    The AMERICAN THINKER ^ | April 9, 2013 | Jonathon Moseley
    The Warmist conspiracy has reached a critical point, with doubters in the establishment speaking out. One of Sweden's top climatologists now admit global temperatures have barely changed (translated from Swedish): "The Earth appears to have cooling properties that exceeds the previous thought ones, and that computer models are inadequate to try to foretell a chaotic object like the climate, where actual observation is the only way to go." In March, a scientific study "Orbital forcing of tree-ring data" found that global warming is caused by that big yellow thing in the sky. Earth's orbit varies over the centuries. Changing distance...
  • The Coming Global Warming Voter Backlash

    04/04/2013 4:35:03 AM PDT · by Moseley · 27 replies
    The AMERICAN THINKER ^ | April 4, 2013 | Jonathon Moseley
    News is breaking out all over: global warming stopped 20 years ago. A political earthquake has resulted from a feature story in the Economist magazine because the Economist used to be a consistent cheerleader for global warming activism. Doubts about global warming used to be censored by its London editors, one reporter confided to Stephen Hayward. So what will voters do to Democrat candidates in 2014 and 2016 when the former realize that the Democratic Party was lying to them? Is it time to run away from the issue for Democrats, journalists, and Hollywood personalities? While our economy is struggling...
  • A sensitive matter (The Economist is stepping back from anthropogenic global warming!)

    04/01/2013 4:33:46 PM PDT · by neverdem · 56 replies
    The Economist ^ | Mar 30th 2013 | NA
    The climate may be heating up less in response to greenhouse-gas emissions than was once thought. But that does not mean the problem is going away | OVER the past 15 years air temperatures at the Earth’s surface have been flat while greenhouse-gas emissions have continued to soar. The world added roughly 100 billion tonnes of carbon to the atmosphere between 2000 and 2010. That is about a quarter of all the CO₂ put there by humanity since 1750. And yet, as James Hansen, the head of NASA’s Goddard Institute for Space Studies, observes, “the five-year mean global temperature has...
  • Global Warming? Oops! Never Mind!

    04/01/2013 10:20:39 AM PDT · by Moseley · 34 replies
    The AMERICAN THINKER ^ | April 1, 2013 | Jonathon Moseley
    What was the Earth's temperature yesterday? Nobody knows. In fact, it's a ridiculous question. Almost every place on Earth today has a different temperature from that of any other location. So, is our planet's temperature rising? Do we even know? However, it is officially admitted: Global warming stopped 15-20 years ago. The mainstream media is struggling very hard to explain this away. They admit that the Earth stopped warming 15 to 20 years ago. But just you wait -- disaster is coming unless we vote liberals into office. They cannot explain the pause. Yet they "know" global warming will kill...
  • The Economist Now Admits 'Mismatch' Between Greenhouse Gases and 'Not-Rising Temperatures'

    04/01/2013 8:50:16 AM PDT · by SeekAndFind · 14 replies
    NewsMax ^ | 03/31/2013 | Greg Richter
    The Economist has been fairly consistent in its stand that carbon dioxide emissions from man-made sources are the chief cause of global warming. But in an editorial this week, it sounds less certain. Global warming predictions haven’t panned out as predicted in the past decade, but the why is a bit fuzzy, the magazine admits. Greenhouse gas emissions have soared during the past 15 years, the magazine notes, with 100 billion tons of carbon having been added to the atmosphere between 2000 and 2010. Still, both air and ground temperatures during that time have remained virtually unchanged. In fact, the...
  • Burgernomics: Big Mac™ Prices Rise Faster Than CPI And Beef/Wheat Prices

    03/01/2013 1:59:10 PM PST · by whitedog57 · 18 replies
    Confounded Interest ^ | 03/01/2013 | Anthony B. Sanders
    The Economist is now tracking the Big Mac™ index around the world. Even the Federal Reserve of St Louis wrote a paper entitled “Burgernomics: A Big Mac™ Guide to Purchasing Power Parity.” Here is the Chief Economist from The Economist talking about the Big Mac index. Essentially, controlling for exchange rates, he say that Big Mac prices should be the same around the world. Prices range from 7.84 in Norway to 2.03 in South Africa. The US is in the middle at 4.37. And like their housing market, Japan’s Big Mac™ prices are deflating. Here is a chart of Big...
  • Leading Economist Morici: Obama Has “Put a Pistol to the Head of the Middle Class” (Video)

    12/30/2012 12:41:55 PM PST · by Nachum · 17 replies
    The Gateway Pundit ^ | 12/30/12 | Jim Hoft
    Economist Peter Morici had this to say this morning about Obama’s fiscal cliff negotiating tactics: “The president, by being so persistent that it’s my way or the highway, no spending cuts, taxes on folks over $250,000 or nothing, has basically put a pistol to the head of the middle class. It’s threatened them with financial extortion if he doesn’t get his way to satisfy the populist wing of the Democratic Party.”
  • Princeton Economist: Obama Campaign Is Misrepresenting My Study on Romney's Tax Plan

    10/08/2012 9:34:52 AM PDT · by TigerClaws · 4 replies
    Last night, the Obama campaign blasted out another email claiming that Mitt Romney's tax plan would either require raising taxes on the middle class or blowing a hole in the deficit. "Even the studies that Romney has cited to claim his plan adds up still show he would need to raise middle-class taxes," said the Obama campaign press release. "In fact, Harvard economist Martin Feldstein and Princeton economist Harvey Rosen both concede that paying for Romney’s tax cuts would require large tax increases on families making between $100,000 and $200,000."
  • Economist Says the American Retirement System Has Failed(mandatory retirement savings)

    08/16/2012 3:24:08 AM PDT · by Son House · 30 replies
    PRI Public Radio International ^ | 01 August, 2012 | The Takeaway Morning News Program
    America is heading into a retirement crisis, an economist says. Most retirees haven't saved enough money to retire and Teresa Ghilarducci blames America's entire system for retiring. It’s been 30 years since the Individual Retirement Account model became the standard way for Americans to save for retirement. But many people who saved for three decades watched a lot of that money disappear during the financial crisis. And now, more than half of American workers have saved less than $25,000 for their golden years, and about 30 percent have saved less than a thousand dollars. Overall, the system is failing, says...
  • Another skewed poll (D+10) by the Economist / YouGuv, but this one shows Obama LOSING.

    08/03/2012 6:37:35 AM PDT · by comebacknewt · 16 replies
    The Economist ^ | 08/02/2012 | Economist
    Barack Obama 44% Mitt Romney 46% D - 37% R - 27% I (and leaners) - 36%
  • New Nobel Laureate Warned Against Obama Stimulus Package, Calling It ‘Surprisingly Naďve’

    10/10/2011 9:50:25 AM PDT · by maggief · 10 replies
    NYSun ^ | October 10, 2011 | IRA STOLL
    No matter how skeptical one is of the authority of “experts,” it’s hard to avoid paying at least some attention to the people who award the Nobel prize — especially when they give one to someone who tends to support some things one tended to believe already. So it is in the case of Thomas Sargent, the New York University professor who was announced Monday as a winner of the Nobel in economics. An interview of Professor Sargent by the Minneapolis Fed in August 2010 summed up some of his contributions succinctly: “policymakers can’t manipulate the economy by systematically ‘tricking’...
  • Krueger's Faulty Minimum Wage Study

    08/30/2011 7:49:26 AM PDT · by ReleaseTheHounds · 23 replies
    National Review Online ^ | Aug. 30, 2011 | Carrie Lukas
    After President Obama tapped Princeton University professor Alan Krueger to chair the Council of Economic Advisors, Washington Post blogger Ezra Klein wrote that Krueger “is arguably the leading labor economist in the country” and “known for bringing a near-superhuman rigor” to the subject. One wonders how any economist would earn a “near-superhuman” superlative for their research. One can particularly wonder in the case of Professor Krueger, who is known for his 1990s academic research that attempted to prove that employee wages were not subject to the laws of supply and demand. In 1993, Krueger and David Card published a study...
  • A Feminist Economist Speaks Out: Deficits are a Grrrl’s Best Friend

    07/17/2011 2:43:12 PM PDT · by Koblenz · 37 replies
    Ms. Magazine ^ | July 14, 2011 | Susan F. Feiner
    Listen up, sisters! Deficit hawks will eat your lunch, your kids, your jobs and your retirement. An economy without a deficit is like a fish without water. Reducing the U.S. federal deficit will make unemployment and poverty worse–way worse. And that means that women’s economic condition will deteriorate even further. Today’s deficit hawks (and way too many Democrats are flying with this flock), fundamentally and deliberately misinform by insisting on a fictional symmetry between private sector (household and corporate) bookkeeping and the U.S. federal debt.
  • The Economist/YouGov Poll: Palin 20, Romney 14, Giuliani 11 (PDF file here)

    06/16/2011 10:00:54 AM PDT · by SeekAndFind · 8 replies
    The Economist ^ | 06/16/2011
    Click this link for the poll results. It is in PDF format.
  • Judge, Jury, Economist. The influence of Economist John Kenneth Galbraith is fading.

    05/24/2011 6:41:03 AM PDT · by SeekAndFind · 4 replies · 1+ views
    National Review ^ | 05/24/2011 | Kevin Williamson
    A wicked joke attributed to George Stigler goes: “All great economists are tall — the only exceptions are Milton Friedman and John Kenneth Galbraith.” The diminutive Friedman grows ever larger. The NBA-sized Galbraith is a fading figure: He is survived by his trademark phrase, “the conventional wisdom,” and some remember that there was a book called The Affluent Society, others that he served as ambassador to India and as the butt of many jokes made by the founder of this magazine. William F. Buckley Jr. was mistaken to have described him as “the most influential U.S. intellectual of the...
  • Paul Krugman: Ignorant and Proud of it

    03/10/2011 6:32:18 AM PST · by SeekAndFind · 6 replies
    The Money Illusion ^ | 03/10/2011 | Scott Sumner
    Or so he claims: Some have asked if there arenÂ’t conservative sites I read regularly. Well, no. I will read anything IÂ’ve been informed about thatÂ’s either interesting or revealing; but I donÂ’t know of any economics or politics sites on that side that regularly provide analysis or information I need to take seriously. I know weÂ’re supposed to pretend that both sides always have a point; but the truth is that most of the time they donÂ’t. The parties are not equally irresponsible; Rachel Maddow isnÂ’t Glenn Beck; and a conservative blog, almost by definition, is a blog...
  • Obama anti-smog legislation will cost 7.3m jobs, warn industry officials

    02/28/2011 9:47:37 AM PST · by Niuhuru · 8 replies
    Daily Mail ^ | Last updated at 3:53 PM on 28th February 2011 | By Daily Mail Reporter
    Industry officials warn 7.3million American jobs will disappear if U.S. President Barack Obama's administration tightens regulations in a bid to reduce smog. The industry-sponsored researcher who came up with the number cautioned, however, that there was uncertainty surrounding that number. Although economist Don Norman pointed out: 'Even if the numbers are half of that, the number is huge.'
  • Tax Cuts Clearly Explained

    12/14/2010 4:11:43 AM PST · by Scanian · 3 replies
    The American Thinker ^ | December 14, 2010 | Randall Hoven
    If you go to the White House website, right at the top is a bar you can click on to see "Tax Cuts Clearly Explained." If you click, you see a video of one of President Obama's economic advisors using a whiteboard to explain that Republicans are bad, that Obama is above politics, and that if Obama gets his way, jobs and growth and goodness will spring forth. The video starts out simply enough. Republicans want to extend the Bush tax rates for everyone; Obama wants to leave out the top 2% of income earners. It was all about the...
  • Gov Sarah Palin Cover: The Economists ‘The Republicans Ride In’

    11/10/2010 6:35:18 AM PST · by MaxCUA · 14 replies
    Very Cool Cover! ONLY four years after the voters sent them packing, handing both chambers of Congress to the Democrats at the 2006 mid-terms, the Republicans are back. Voters then (and again in 2008) decided that Republican policies had blown up the deficit with unaffordable tax cuts, let the banks run wild, dragged America into two costly wars and produced a wretched harvest of stagnant wages, rising job insecurity and soaring health-care costs. Now they seem to have decided that they like Barack Obama and the Democrats even less. The mid-term elections on November 2nd saw the biggest swing to...
  • The perils of constitution-worship

    09/25/2010 1:04:09 PM PDT · by Palter · 83 replies
    Economist ^ | 23 Sep 2010 | Economist
    One of the guiding principles of the tea-party movement is based on a myth Wouldn't it be splendid if the solutions to America’s problems could be written down in a slim book no bigger than a passport that you could slip into your breast pocket? That, more or less, is the big idea of the tea-party movement, the grassroots mutiny against big government that has mounted an internal takeover of the Republican Party and changed the face of American politics. Listen to Michele Bachmann, a congresswoman from Minnesota and tea-party heroine, as she addressed the conservative Value Voters’ Summit in...
  • WH economist calls for more spending, less taxes

    09/01/2010 11:28:51 AM PDT · by ChicagoConservative27 · 26 replies
    http://news.yahoo.com/s/ap/20100901/ap_on_bi_ge/us_obama_economist_1
    WASHINGTON – Departing White House economist Christina Romer says the government has the tools for bringing down unemployment, but policymakers need to find the will and wisdom to use them. Romer called on officials Wednesday to move forward on policies that will increase government spending and cut taxes. She also called for investments in infrastructure and new trade agreements.
  • BUSTED: The Economist Photoshops Obama To Make Him Look More Depressed And Alone

    07/05/2010 4:19:51 AM PDT · by blam · 62 replies · 2+ views
    The Business Insider ^ | 7-5-2010 | Henry Blodget
    BUSTED: The Economist Photoshops Obama To Make Him Look More Depressed And Alone Henry Blodget Jul. 5, 2010, 7:03 AM It's just not quite the same for a president to be glancing down at the water while chatting with others on the beach as it is for the president to be solemn and depressed and alone while contemplating oil-soaked sand. But the Economist didn't have a picture of the latter. So they made one: Et tu, Economist? Image: New York TimesThe fraud was discovered by Jeremy Peters of the New York Times And don't miss the 10 biggest Photoshop frauds...
  • The Greatest Economist of All

    06/28/2010 12:36:48 PM PDT · by Big Bureaucracy · 5 replies
    Big Bureaucracy ^ | June 28th, 2010 | Ellie Velinska
    The Greatest Economist of All shall remain unnamed for it is not recommended to say his name in vain. There are roughly ten principles that the Greatest Economist of All set in stone. May be if We the People start to follow them our economy may start to prosper. Don’t idolize other economists, no matter what their name is: Marx or Hayek, Soros or Bernanke. You shall not bow down to them or worship them for you may cause generations to come to suffer. Don’t use his name to pass laws that the Greatest Economist of All did not...
  • What Is Wrong With the Economist?

    06/19/2010 2:32:18 PM PDT · by BCrago66 · 17 replies · 755+ views
    New York Sun ^ | June 16, 2010 | Editorial of The New York Sun
    The Economist is out with an editorial this week called “What’s Wrong With America’s Right.” It starts out rowing back from its endorsement of Barack Obama in 2008, explaining that he has done “little to fix the deficit,” shown “a zeal for big government,” and “all too often” has “given the impression that capitalism is something unpleasant he found on the sole of his sneaker.” So it asserts their endorsee needs to be “pegged back.” Then editors John Mickelthwait and Co. take out their humiliation on those American Republicans and conservatives who have stood most steadily on principle from the...
  • Liberal Brit Journalists, Like American Propagandists, Refuse to Look Past Their Own BS

    06/15/2010 9:08:16 AM PDT · by Starman417 · 4 replies · 231+ views
    Flopping Aces ^ | 06-15-10 | Skookum
    A headline from the British newspaper 'The Economist' reflects the frustration of the British Socialist with the inevitability of Conservatism replacing the latest Socialist Darling to auger into obscurity and ignominy through incompetence and arrogance. The Republicans What's wrong with America's rightToo much anger and too few ideas. America needs a better alternative to Barack Obama At least the Liberal Brit Journalists are able to admit that the Obamanation has been an overwhelming disaster and that a replacement is needed and that time is of the essence: however, admitting that Conservatism is a legitimate alternative is beneath their Leftist...
  • What's wrong with America's right ('smart' limeys to the rescue of RINO's)

    06/11/2010 3:44:15 AM PDT · by TigerLikesRooster · 14 replies · 492+ views
    The Economist ^ | 06/10/10
    The Republicans What's wrong with America's right Too much anger and too few ideas. America needs a better alternative to Barack Obama Jun 10th 2010 HAPPY days are here again for the Republicans, or so you might think. Barack Obama’s popularity rating is sagging well below 50%. Passing health-care reform has done nothing to help him; most Americans believe he has wasted their money—and their view of how he is dealing with the economy is no less jaded. Although growth has returned, the latest jobs figures are dismal and house repossessions continue to rise. And now his perceived failure to...
  • This Week's Economist/YouGov Poll (Obama, Birthers, Tea Party, Abortion, Economy Surveyed)

    02/19/2010 5:52:22 PM PST · by kristinn · 5 replies · 539+ views
    The Economist ^ | Saturday, February 20, 2010 | R.M.
    IN THIS week's Economist/YouGov poll we asked our usual questions about issues like the economy. We also asked a number of questions about the tea-party movement and what my colleague has called "the GOP id". First the highlights from the issues section, then the juicier bits (which you'll want to stick around for): SNIPOn the tea-party movement: • One in five Americans, and about half of Republicans, think of themselves as part of the tea-party movement. Eight in ten Americans claim to be familiar with the movement. • Tea partiers see themselves as part of the country’s majority: 88% of...
  • MIT Economist Who Touted Obamacare Was on HHS Payroll

    01/08/2010 6:36:17 PM PST · by mainstreetradical.com · 3 replies · 446+ views
    Main Street Radical ^ | 1/8/1020 | Philip Klein
    MIT economist Jonathan Gruber raked in nearly $300,000 from the Obama administration’s Department of Health and Human Services while frequently appearing in news accounts as a non-partisan analyst who supported Democratic health care legislation. Gruber defended himself to Ben Smith at the Politico, arguing that HHS didn’t fund his “public declarations” and that he didn’t say anything that was contrary to what he believed.
  • WHITE HOUSE SCAM: MIT Economist's Approval of Obamacare Was Bought With A Government Contract

    01/08/2010 2:18:48 PM PST · by Shellybenoit · 8 replies · 505+ views
    The Lid/Various ^ | 1/8/10 | The Lid
    Jon Gruber, a prominent MIT economist has been been one of the country's leading advocates of Democratic health care reform legislation. Most recently he wrote an editorial for the Washington Post in support of the Cadillac Tax As we prepare for the final round of debate over health reform, perhaps the most contentious issue will be financing...So in the end, we have a policy that provides the necessary financing to pay for subsidies to low-income families; induces employers to buy more cost-effective health insurance, lowering U.S. health-care spending; offsets a bias in our tax system that favors more expensive insurance;...
  • White House economist: 'F--- up' conservative prof

    12/06/2009 6:08:25 PM PST · by Nachum · 52 replies · 3,471+ views
    WND ^ | 12/6/09 | Aaron Klein
    According to a university colleague, former president of Harvard and current White House economist Larry Summers once asked for help to "f--- up" one of the school's conservative professors.
  • 111th United States Congress: Ideology Trumps Economist

    10/22/2009 5:04:08 PM PDT · by Son House · 14 replies · 704+ views
    Alias Son House | October 22, 2009 | Alias Son House
    On Wednesday, Pelosi had a forum with top House Democrats and a team of economists: Former Federal Reserve Vice Chairman Alan Blinder, October 21, 2009 'Absolutely horrendous long term fiscal out look' This is a graph presented by Jared Bernstein, chief economist to Vice President Joe Biden. Do you see any current recovery? There are not going to be Job increases for a long time, look at that curve in the graph Yet, Pelosi says the recession is coming to an end; http://www.rushlimbaugh.com/home/daily/site_102209/content/01125107.guest.html PELOSI: It's no accident that right now that as the recession's coming to an end it does...
  • THOMAS SOWELL WARNED ABOUT THE HOUSING BUST IN 2005

    10/13/2009 5:30:53 PM PDT · by TheFreedomPoster · 3 replies · 713+ views
    THE FREEDOM POST ^ | October 13, 2009 | TheCapitalist
    Common sense, down-to-earth economist, Thomas Sowell, is a master of taking complicated economic principles and making them clear and understandable. Sowell has authored dozens of books, including his most recent, "The Housing Boom and Bust". Many praise Thomas Sowell's ability to deliver economics to main street America. What Sowell hasn't received enough credit for is his prophetic warning about the housing bust. On May 26, 2005, when virtually no economist, including the wizards at the Federal Reserve and the Treasury Department, were warning of a housing bubble, Sowell wrote predictive op-ed in the Wall Street Journal:
  • September 24 2009: Fake, Freak and Pretend

    09/25/2009 5:48:59 AM PDT · by TigerLikesRooster · 3 replies · 240+ views
    Thursday, September 24, 2009 September 24 2009: Fake, Freak and Pretend Ilargi: When President Obama was on Letterman earlier this week, one of the first things he said on the economy was something to the effect that 'most economists are now seeing a recovery'. But how can you not wonder these days who the economists are the president refers to, and what those same economists were saying a year ago or 2 years ago about the state of the economy? You would wonder about that because the number of economists who were even remotely close in their predictions back then...
  • Economist: Midwest Recovery a 'Fragile' Process[Economic Recovery More Fragile Than Anticipated]

    09/01/2009 11:01:28 AM PDT · by Son House · 12 replies · 568+ views
    KAALTV.com ^ | 09/01/2009 | KAALTV.com
    The herky-jerky results of a nine-state economic survey suggest that recovery is at an uncertain stage in the Midwest and Plains. The Business Conditions Index for the Mid-America region slipped below growth neutral again in August, to 48.4, compared with 51.7 in July and 49.3 in June. An index of 50.0 is considered growth neutral. The latest figure surprised Creighton University economist Ernie Goss, who oversees the survey of supply managers and other business executives. He said in a report released Tuesday that the August figures and other data point "to an economic recovery that is much more fragile than...
  • Larry Summers: I'm Feeling Lucky

    07/20/2009 8:55:19 AM PDT · by h20skier66 · 203+ views
    Commodity News Center ^ | 7/20/09 | Adrian Ash
    Type "rubbish economist" into Google. Then hit "I'm Feeling Lucky"... The INCOVENIENT TRUTH about statistics, as Al Gore would no doubt confess if you threatened to stop him flying, is they look backwards, not forwards - and not even quite to the present.
  • Pittsburgh ranked tops in U.S. by The Economist (Most Liveable City)

    06/10/2009 8:03:46 AM PDT · by rightwingintelligentsia · 105 replies · 2,274+ views
    Pittsburgh Post-Gazette ^ | June 10, 2009 | Mackenzie Carpenter
    Allegheny County Executive Dan Onorato was calling -- no, crowing -- from his cell phone, in full, gleeful, salesman-for-the-region mode, ticking off the number of recent surveys declaring Pittsburgh the nation's most livable city (four or five); the number of front-page New York Times stories about Pittsburgh in the past three months (two) and the value of such publicity to the Pittsburgh area (priceless). Given that abundance of good publicity, the news that Pittsburgh once again is the most livable city in the United States -- and 29th worldwide -- in a 2009 survey by British magazine The Economist was...
  • Astrological Economics in D.C.

    05/22/2009 12:26:04 PM PDT · by Jbny · 1 replies · 225+ views
    Commentary Magazine ^ | May 22nd, 2009 | John Steele Gordon
    Washington and its press corps love ten-year economic projections. The executive branch is required by law to make them for all manner of things. And news outlets publish them with the same shamelessness that supermarket tabloids publish predictions of Martians landing in Central Park.
  • FDIC economist charged with trying to rob bank

    05/14/2009 7:34:08 PM PDT · by NormsRevenge · 10 replies · 558+ views
    AP on Yahoo ^ | 5/14/09 | AP
    KANSAS CITY, Mo. – An economist on leave from the federal agency that insures bank deposits has been charged with the April 11 attempted robbery of a Kansas City-area bank. Jeff Walser said he had a bomb in his briefcase and demanded money at the Bank of America branch in Independence, but did not take $41,000 brought to him by an employee, according to an indictment filed Tuesday. Walser, 51, surrendered to police and was being held in federal custody, the U.S. attorney's office said. Walser told police that he has health problems and was "alone, discouraged and tired of...
  • Learning the hard way (Obama, or The Economist?)

    03/29/2009 4:55:51 PM PDT · by reaganaut1 · 7 replies · 616+ views
    The Economist ^ | March 26, 2009
    [A]t home Mr Obama has had a difficult start. His performance has been weaker than those who endorsed his candidacy, including this newspaper, had hoped. Many of his strongest supporters—liberal columnists, prominent donors, Democratic Party stalwarts—have started to question him. As for those not so beholden, polls show that independent voters again prefer Republicans to Democrats, a startling reversal of fortune in just a few weeks. Mr Obama’s once-celestial approval ratings are about where George Bush’s were at this stage in his awful presidency. Despite his resounding electoral victory, his solid majorities in both chambers of Congress and the obvious...
  • Harvard Economist Robert Barro Interviewed by the Atlantic

    02/11/2009 4:41:18 PM PST · by Wpin · 3 replies · 419+ views
    The Wall Street Journal ^ | 2/11/2009 | N/A
    Harvard economist Robert Barro being interviewed by the Atlantic: Atlantic: And I take it from the Wall Street Journal piece you wrote last week . . . well, the piece is just specifically about measuring multipliers, but I take it that you are fairly skeptical in general that fiscal policy will boost aggregate demand. Barro: Right. There's a big difference between tax rate changes and things that look just like throwing money at people. Tax rate changes have actual incentive effects. And we have some experience with those actually working. Atlantic: What would you say is the best empirical evidence...
  • Hypocrite-in-Chief Obama Admits: "I'm not a trained economist"

    02/05/2009 6:53:00 AM PST · by Michael Eden · 78 replies · 1,615+ views
    Start Thinking Right ^ | February 5, 2009 | Michael Eden
    Tonight Barack Obama ended his interview with CNN's Anderson Cooper with these words: "Right now I'm learning an awful lot about the economy. I'm not a trained economist, but I'm spending a lot of time thinking about that so that I can make the very best decisions possible for the American people." Really, you gigantic, colossal hypocrite? "Learning an awful lot about the economy"? "Not a trained economist"? Pardon my language, but just where the hell was all that modesty and honesty when you were tearing out John McCain's throat for his similar admission offered at a time when people...
  • Thailand bans Economist magazine

    01/27/2009 6:18:18 PM PST · by GSP.FAN · 20 replies · 508+ views
    BBC ^ | Jan 26 09 | BBC
    The latest edition of UK-based current affairs magazine the Economist has been banned in Thailand, amid local anger over its coverage of the royal family.
  • Economists Statement on Barack Obama's Risky Economic Proposals

    10/08/2008 2:40:47 PM PDT · by paudio · 14 replies · 929+ views
    Today, McCain-Palin 2008 released the following statement signed by 100 distinguished and experienced economists at major American universities and research organizations, including five Nobel Prize winners Gary Becker, James Buchanan, Robert Mundell, Edward Prescott, and Vernon Smith. The economists explain why Barack Obama's proposals, including "misguided tax hikes," would "decrease the number of jobs in America." The prospects of such tax rate increases under Barack Obama are already harming the economy. The economists conclude that "Barack Obama's economic proposals are wrong for the American economy." The proposals "defy both economic reason and economic experience."
  • Global Electoral College (Barf Alert)

    10/01/2008 5:02:40 AM PDT · by rightwingintelligentsia · 26 replies · 653+ views
    The Economist ^ | October 1, 2008
    What if the whole world could vote?
  • The Economist Takes a Shot at Obama

    03/01/2008 8:47:12 AM PST · by jdm · 1 replies · 82+ views
    Red State ^ | March 01, 2008 | Staff
    The Economist and its libertarian leanings are one of the better analytic papers in the world. Unlike most papers, their endorsements are not preordained by political party. They called for Clinton's impeachment and removal, supported Bush in 2000, and then Kerry in 2004 ("The Incompetent versus the Incoherent"). After a notably laudatory article on McCain two weeks ago, the paper takes Sen. Obama to task for his populist anti-growth rhetoric on trade. The Economist pokes at Obama's message of "hope": What is missing from Mr Obama's speeches is any hint that this is not the whole story: that globalisation brings...