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Thursday, September 29, 2011

US GDP Data: Growth for Q2 2011 Revised Upward, But Still Weak

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U.S. GDP growth for the second quarter of 2011 was revised upward to a 1.3 percent annual rate from the 1.0 percent second estimate report...

Natural Gas Flaring, Carbon Taxes, and the Risk of Alien Invasion

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To an alien orbiting Earth in a flying saucer, natural gas flares would be one of the most visible signs of human life on earth. Notice I ...
Tuesday, September 20, 2011

The UBS-Adoboli Scandal Shows the Problem of Negatively-Skewed Risk is Still With Us

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In my banking courses, I point to negatively skewed trading strategies as a key cause of the crash of 2008. The recent loss of more than $...
Friday, September 16, 2011

US Inflation Data: Headline CPI Inflation Slows, Core Inflation Up a Bit in August

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The Consumer Price Index for all items purchased by U.S. urban consumers rose at a seasonally adjusted annual rate of 4.6 percent in August,...
Tuesday, September 13, 2011

US Working-Age Poverty Hits a Record High: What it Means for the Budget Debate

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Adding to the gloom from recent labor market data, the Census Bureau reported today that the poverty rate among working-age Americans hit a...
Monday, September 12, 2011

The Truth About Taxes: What are Our Choices?

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This post is an abbreviated version of a recent presentation to the League of Women Voters of San Juan County, Washington. You will find a l...
Sunday, September 11, 2011

Why Rolling Back Environmental Protection is the Wrong Fix for Jobs

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Originally published on Economonitor.com . Just when it seemed nothing could do it, persistently high U.S. unemployment has produced bipa...
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