The National Venture Capital Association issued a couple of reports recently. One is on venture capital fund raising. The other is a report on a survey of venture capital professionals. Each of them make for […]
Read moreUnited States retail sales fell in June for the second consecutive month, to $360 billion dollars. This represents a 0.5 percent decline for the month, implying an annualized drop of six percent. Motor vehicles and […]
Read moreNASSCO-General Dynamics announced that it was laying off 290 workers. Here’s part of what the Union-Tribune had to say: “NASSCO-General Dynamics , the last major shipbuilder on the West Coast, laid off 290 of its […]
Read moreI receive the following question from a friend: “Yesterday, I read your newgeography.com post, Green Shoots and Immigration, in which you encouraged massive new immigration as a solution for our poorly performing economy. Today you […]
Read moreRaghu Rajan has a piece on income equality and its impact on the recent financial crisis. It’s the same theme he addressed in depth in his excellent recent book, Fault Lines. As income inequality increases, […]
Read moreFamous economist Arthur Laffer has a piece in the Wall Street Journal today where he argues two points: unemployment insurance causes unemployment even in bad times and unemployment insurance is not stimulus. I’ll stipulate his […]
Read moreOur governor is trying to cut public employees wages to the minimum wage, and that is wrong. What he’s doing is essentially holding the public employees hostage to try to leverage the legislature to act. […]
Read moreThe June United States nonfarm job level declined by 125,000. The decrease reflected a 225,000 decrease in the number of temporary employees working on the 2010 Census. The government sector decrease was offset by a […]
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