crossingwallstreet.com - 1/30/2009
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Arnold Kling argues that what really need right now is profits :
A stimulus will work if and when it serves to increase profits, because profits are at the core of a free market system. The economy will recover if and when profits recover.
Wages and salaries rose by 3%, while corporate ...
The Case for Stimulating Profits
econlog.econlib.org 1/22/2009 — (January 21, 2009 07:59 AM, by Arnold Kling) I am going to endorse the idea that Bryan Caplan called smart stimulus. if you cut employers' share of the payroll tax, this puts money in employers' hands, not workers'. But the indirect effect is to ...
Bigger Isn't Always Better... But in This Case, We Believe It Is
youtube.com 11/25/2008 — Over the years we've heard a lot of feedback from you about what you'd like to change about YouTube, and the size of our video player is always top of mind. That's why today we're excited to announce a bigger YouTube player.
We're expanding the ...
The Case for Bigger Government
time.com 1/11/2009 — President-elect Obama has said that he will run a deficit of $1 trillion to make a meaningful difference in this ugly recession.
Contrarian Profits
contrarianprofits.com 9/2/2008 — The current economic turmoil means there are a pile of hidden bargains in the markets right now. Bargains that won't be around forever. 'Hidden Value' helps you find the value opportunities that have been created by market volatility. It's a simple, ...
Profits' Return to Normalcy Seems Far Off
online.wsj.com 2/13/2009 — There are hints lately that the economy's collapse isn't quite as precipitous as it once was, which suggests the worst may be over for corporate profits, too. That doesn't mean they are anywhere close to normal. Since World War II, earnings have ...
The Case for Being Impractical
gregmankiw.blogspot.com 2/14/2009 — Matthew Yglesias says that my stimulus proposal is "a pretty good idea" but also says "it’s wildly impractical" because it is "so outside the ballpark of what congress is prepared to consider." Let me reply by quoting Milton Friedman: The role of ...
The Curious Case of the US Dollar
bespokeinvest.typepad.com 2/17/2009 — As equity markets test their November lows, the US Dollar index is testing its November highs. The US Dollar has been a peculiar "risk-flight" trade throughout the credit crisis, as global investors have flocked to the currency with the belief that ...
A case for (short term) Protectionism?
clausvistesen.squarespace.com 2/13/2009 — It is not only economic data and the punditry and commentary following this which is all at rage at the moment, so is a growing mixture of more or less interesting debates amongst (academic) economists about public spending v. tax cuts, bloodletting ...
S&P Case-Shiller: Home prices off 18% in past year
calculatedriskblog.com 12/30/2008 — From the WSJ: Case-Shiller Index Shows Sharpest Home-Price Declines in Sun Belt Home prices continued to drop as the economic downturn deepened further in October, according to the S&P;/Case-Shiller home-price indexes, a closely watched gauge of U.S. ...