Several years ago I was asked to speak at a dinner meeting for some customers of a large insurance company. It so happens that another economist, Gene Stanaland, was the featured speaker in the afternoon […]
Read moreIn this article, Joshua Brown argues that the impacts of Greek default are likely to be small. He correctly points out that Greece’s economy is really pretty small in the scheme of things. But does […]
Read moreHere’s what the OECD has to say about the global economy: But the global economy can be characterised (sic) as only achieving a muddling-through “B-minus ” grade. Global growth in the first quarter of 2015 […]
Read moreI saw this Kaufman Foundation article that argues that, by reducing the downside risks, an aggressive government-provided safety net promoted entrepreneurship, jobs, and economic growth. If one follows the links, there is some empirical support for […]
Read moreSince the dismal first-quarter GDP was revised down, we’ve heard all sorts of excuses. These include bad winter weather and problems in the seasonal adjustment process. The bad-winter excuse has been popular for several winters […]
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