Submit a Story!

CARPE DIEM Latest Blog Posts

Add as Favorite Claim Blog Help

http://mjperry.blogspot.com/ - Professor Mark J. Perry's Blog for Economics and Finance

Click on the "vote it up" button to submit a story below to our homepage.

If you're the owner of CARPE DIEM, claim your blog to unlock additional tools and reports.

Fourth Monthly Increase in Case-Shiller Price Index
Washington -- The Standard & Poor's/Case-Shiller home price index of 20 major cities rose only 0.3% to 144.96 in September, but it was the fourth straight monthly increase (see bottom chart above, first time since early 2006 of four consecutive increases). The seasonally adjusted ...
WallStreetBlips: vote it up!

Guess Who's Coming to Your Thanksgiving Dinner?
According to the American Farm Bureau Federation, the average cost for a Thanksgiving feast for ten lies at $42.91 in 2009. The menu items for a classic Thanksgiving dinner used for their survey include turkey, bread stuffing, sweet potatoes, rolls with butter, peas, cranberries, a relish ...
WallStreetBlips: vote it up!

From Treasury: Invitation to Financial Bloggers
A little late, but a newsworthy report from the NY Times (11/15/2009) : Mr. Geithner, the Treasury secretary, was among the senior officials who talked with bloggers at an outreach session on Nov. 2. The two-hour round table was held on background, meaning that the bloggers could describe ...
WallStreetBlips: vote it up!

Markets in Everything: Vacant House Parties
SANDY SPRINGS, Ga. — Some of the most elegant addresses in all of Atlanta are found in this wealthy enclave. Sprawling mansions that occupy 2- to 10-acre lots are home to some of the city's most prominent residents. They were shocked last month when a massive Halloween party exploded in ...
WallStreetBlips: vote it up!

Sideways Discrimination: An Important Lesson
Steven E. Landsburg has argued in his book Fair Play and now on his new blog that it’s generally acceptable (morally and legally) for tenants to discriminate against landlords, and workers to discriminate against employers, buy not vice- versa . Here's how he explains it in Fair Play :  ...
WallStreetBlips: vote it up!

More Health-Care Lessons from India
From the Salon.com article " How I Got Well in India for $50 : My cheap, fast and effective treatment in New Delhi reminded me of everything wrong with American healthcare": I had anticipated getting sick in India. What I hadn't anticipated was that India's treatment would turn out to be so ...
WallStreetBlips: vote it up!

India's $2k Open-Heart Surgery, Henry-Ford Style
BANGALORE (WSJ) -- Dr. Devi Shetty, who entered the limelight in the early 1990s as Mother Teresa's cardiac surgeon, offers cutting-edge medical care in India at a fraction of what it costs elsewhere in the world. His flagship heart hospital charges $2,000, on average, for open-heart ...
WallStreetBlips: vote it up!

Health Care Hoops: The Public Option
WallStreetBlips: vote it up!

Home Sales (Inventory) Highest (Lowest) In 2.5 Yrs.
Highlights from today's report on existing home sales : 1. Existing-home sales – including single-family, townhomes, condominiums and co-ops – surged 10.1% to a seasonally adjusted annual rate of 6.10 million units in October from a downwardly revised pace of 5.54 million in September, and ...
WallStreetBlips: vote it up!

More on the Gender Gap for SAT Math Test Scores
A previous CD post showed that high school boys outperform high school girls for high SAT math test scores (see chart above, data here ). For perfect 800 scores on the 2009 math SAT test, the ratio of boys to girls is 2.22 to 1 (6,928 to 3,124). What makes this outcome even more ...
WallStreetBlips: vote it up!

800 SAT Math Scores: Male-Female Ratio is 2.22:1
The chart above shows the male-female test score ratio for the 2009 SAT math test ( data here ). For example, for perfect scores of 800, males (6,928) outnumbered females (3,124) by a ratio of 2.22 to 1. In other words, 69% of test-takers who got perfect math scores were males vs. 31% of ...
WallStreetBlips: vote it up!

Despite Recession, Innovation Is Alive and Well
Click to enlarge. From the press release for Booz & Company's 2009 edition of the Global Innovation 1000 : From the In the face of a severe global recession, the world’s 1,000 largest publicly traded corporate research and development spenders increased R&D budgets in 2008, ...
WallStreetBlips: vote it up!

The Economy is So Bad That.....
I opened the mail and found a pre-declined credit card. I ordered a Whopper at Burger King and they asked me, "Can you afford fries with that?" Exxon-Mobil laid off 25 Congressmen. The bank returned my check marked "Insufficient Funds" and I had to call them to ask if they meant me or them. The ...
WallStreetBlips: vote it up!

With HSAs, Mamogram Frequency Is A Non-Issue?
The NY Times blog has an article " The Uproar Over Mammography ," which links to a WSJ op-ed " A Breast Cancer Preview : The mammogram decision is a sign of cost control to come." In a world of consumer-driven health care that includes Health Savings Accounts ( HSAs ), wouldn't this ...
WallStreetBlips: vote it up!

Approval-Disapproval Gap Drops from 56 Points to 5
According to Gallup , the percent of Americans who approve of President Obama has dropped by 19 points from 68% in late January to 49% currently (new low). During the same period, disapproval increased from 12% to 44% (new high). Therefore, the approval-disapproval gap has shrunk from 56 ...
WallStreetBlips: vote it up!

The Power of the Blog: Obama Repsonds to Yoani
Committee to Protect Journalists -- Cuban blogger Yoani Sánchez was astounded this week by President Barack Obama’s decision to respond a written questionnaire Sánchez submitted to the White House. Still recovering from bruises left by a recent vicious attack by state security agents, she ...
WallStreetBlips: vote it up!

Americans Get Their Driving Mojo Back Over the Summer; Largest 4-Month Increase Since 2005
The chart above shows the percent change in U.S. traffic volume through September (from the same month in the previous year), in a report released today by the Federal Highway Administration ( data and report here ). After falling for 17 consecutive months starting in November 2007, traffic ...
WallStreetBlips: vote it up!

LA Shipping Reaches Highest Level Since Nov. 2008
LA Shipping Reaches Highest Level Since Nov. 2008
mjperry.blogspot.com — SAN PEDRO, CA (Nov. 13, 2009) — Containers shipped through the Port of Los Angeles last month increased 10.9% compared to September, making October the strongest month yet for the Port this calendar year (see top chart above). Both ... (more) LA Shipping Reaches Highest Level Since Nov. 2008
Lou Dobbs Will Appear on Kudlow Report Tonight
Link.
WallStreetBlips: vote it up!

U.S. Share of World GDP Remarkably Constant
U.S. Share of World GDP Remarkably Constant
mjperry.blogspot.com — Somewhat surprisingly, the Economic Research Service of the U.S. Department of Agriculture has some great international historical macroeconomic datasets . According to its website: The International Macroeconomic Data Set provides data from 1969 ... (more) U.S. Share of World GDP Remarkably Constant
Page 1 of 6