The Free Market Clapper
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The Identity Crisis In American Politics
Reading Time: 3 minutesThe Wall Street Journal had a fascinating front page article yesterday on the 2008 Presidential Election: “An Epochal Battle: Iowa kicks off the most wide open race since ’80. Looking beyond the Reagan-Bush era” (subscription required). Everybody knows the big…
Bill O’Reilly Does Economics – Badly
Reading Time: 1 minuteBill 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 claims of the same from…
Inflation Down On Drop In Gas Prices????
Reading Time: 2 minutesUsing an overly aggressive seasonal adjustment factor, the statistical magicians turned an actual 6.5% surge in gasoline prices into a small decline. I wonder if they can read the minds of very skeptical American motorists who are not fooled by…
Economic Growth, QE Infinity and The Great Disconnect
Reading Time: 8 minutesNote: To sign up to be alerted when the morning blog is posted to my website, enter your name and email in the box in the right hand corner titled “New Post Announcements”. That will add you to my AWeber…
The Stock Market As Information Processor; News and Events Moving The Market This Week
Reading Time: 4 minutesThe stock market is the most amazing thing. Everyday and throughout the course of a trading day new information comes out and you can see, immediately, the market processing that information via changes in securities prices. A company reports earnings…
George Will: Tom Campbell Is A Long Shot To Watch In CA Governor Race
Reading Time: 2 minutesAn especially intriguing candidate in a colorful field is Tom Campbell. Colorful he is not. “Talk softly and carry a small calculator” could be his motto. What glitter, however, are his resume and agenda. He has a Harvard law degree…