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The thoroughly modern macroeconomics of Stephen D. Williamson (SDW), Part I
First in a series. I’m reading his intermediate macro textbook (fourth edition). Cost me ten bucks (including shipping). It is somewhat of a novelty among intermediate texts because he adheres to a...
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Jobs day is just meh
First Friday of every month, the Bureau of Labor Statistics releases data on the previous month’s state of the labor market. The ‘headline number’ is 209,000 net new jobs. This year the numbers of net...
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Rick Santelli is a raving loon, Part II
I HAVE INVESTMENT ADVICE FOR YOU!!! A continuing, endless series. This morning in response to the BLS jobs report, he suggested the numbers were cooked (“We’re all conspiratorial here.”) — in other...
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Build this
Just to prove I don’t plan to dog Hillary at every turn, I’ll stick up for her remark on the un-centrality of business firms in creating jobs. Republicans would like to turn it into another “you didn’t...
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