Economics Archive

The Bulls Are Idiots

Last week, two prominent commentators came out with bullish pieces.  I was anxious to read them to measure the bullish case, but in the end I was unpersuaded. ***** The first piece was from Princeton Economist, and ...
Posted by Greg Feirman  ·  No Comments »

A Stab At Resolving The Inflation/Deflation Debate

September 26, 2009  ·  Category: China, Economics, Federal Reserve, Inflation, Japan
There is a great debate raging between students of monetary economics.  On the one hand, there are the deflationists who point to the massive deleveraging in the housing, mortgage, credit and stock markets.  The fall ...
Posted by Greg Feirman  ·  1 Comment »

Ken Fisher: We Need More Debt

September 21, 2009  ·  Category: Economics, The Investment Advice Business
Last week Ken Fisher went on TechTicker and said that the US is under-indebted and that more debt would actually be beneficial to the economy.  That's because our rate of return on assets is higher ...
Posted by Greg Feirman  ·  3 Comments »

SI: How Oversupply Killed The Baseball Card Industry

My sales from '88 to '92 were $10,000 to $13,000 a month, and the cost of goods was only $1,000 to $2,000 a month.  Then they started putting out so much product, raising the price ...
Posted by Greg Feirman  ·  1 Comment »

A Consensus Among Economists: The Recession Is Over

August 12, 2009  ·  Category: Economics, Market Commentary, Sentiment Analysis
26 of 45 economists who responded to a WSJ survey question conducted over the last few days said the recession is already over.  Another 12 believe it will end this month (August) or next.  Another 6 believe ...
Posted by Greg Feirman  ·  No Comments »

Krugman: Big Government Saved Us

August 10, 2009  ·  Category: Economics, Government, Macro Economics, Politics
So it seems that we aren’t going to have a second Great Depression after all.  What saved us? The answer, basically, is Big Government. ...... So what saved us from a full replay of the Great Depression? ...
Posted by Greg Feirman  ·  No Comments »

US Post Office To Run $7 Billion Deficit In 2009

July 30, 2009  ·  Category: Economics, Politics
Interesting article in today's New York Times on the US Postal Service: "Increasing Postal Deficits Intensify Talks On Solution", July 30, B1.  This highlights a key difference between the operations of a private company and a ...
Posted by Greg Feirman  ·  3 Comments »

Bill O’Reilly Does Economics - Badly

July 29, 2009  ·  Category: Culture and Current Events, Economics
Bill O'Reilly kicked off his O'Reilly Factor program yesterday (video here) claiming that a front page WSJ story on oil speculators driving the price of oil ("Traders Blamed For Oil Spike" (subscription required), WSJ, July 28, A1) vindicated his ...
Posted by Greg Feirman  ·  No Comments »

Krugman: Goldman Sachs Profits Are Bad For America

July 17, 2009  ·  Category: Economics, Market Commentary, Politics
Krugman is relentless in his calls for increasing government involvement in the economy and regulation: What’s clear is that Wall Street in general, Goldman very much included, benefited hugely from the government’s provision of a financial backstop ...
Posted by Greg Feirman  ·  No Comments »

WSJ Profiles The Increasingly Popular Economics Blogs

July 17, 2009  ·  Category: Blogs, Economics
I never thought I'd be sitting up late at night reading what Ben Bernanke thinks, but now I do. - Zina Poletz, a Minneapolis public relations executive who says she had little interest in economics prior ...
Posted by Greg Feirman  ·  No Comments »