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Thursday, October 30, 2014

US Economy Grows at 3.5 Percent in Q3 2014 for Best Six-Month Run of Recovery

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The Bureau of Economic Analysis reported today that US GDP grew at a 3.5 percent annual rate in the third quarter of 2014. Combined with t...
Monday, October 20, 2014

Why Should Europe (or Anyone) Fear Deflation?

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Europe is fearful as it teeters on the brink of deflation. As the chart shows, September consumer prices in the eurozone were just 0.3 pe...
Tuesday, October 7, 2014

The Economic Future of Eastern Ukraine ("Novorossiya")

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Last May, I posted an item on the economic situation in the rebellious regions of Eastern Ukraine, or “Novorossiya” (New Russia), to use...
Sunday, October 5, 2014

US Unemployment Rate Falls to 5.9 Percent on Strong Job Gains

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The US unemployment rate fell to 5.9 percent in September, dropping below 6 percent for the first time in more than six years. The decreas...
Friday, September 26, 2014

As Exports Soar, US Economy Closes in on Fed's Targets

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Revised data released today by the Bureau of Economic Analysis show that the US economy grew at a 4.6 percent annual rate in the second qu...
Monday, September 22, 2014

One Chart that Shows What's Wrong with US Corporate Tax

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Last week the Tax Foundation released its annual International Tax Competitiveness Index for 2014. The United States ranked 32 out of 34...
Wednesday, September 17, 2014

Ask Me Anything about Universal Basic Income Today on Reddit

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Today at 1 p.m. Eastern (10 a.m. Pacific), I will be doing an "Ask Me Anything" session on Reddit on the topic of universal basic ...