You are currently browsing the Armchair Economist weblog archives for the day January 24, 2008.
- General post (802)
- April 3, 2008: Armchair Economist gets a much-needed update
- April 3, 2008: Ghost of Herbert Hoover
- April 3, 2008: Are you smarter than a high-schooler?
- April 3, 2008: Katrina hero: Wal-Mart
- April 2, 2008: No Child Left Behind
- April 2, 2008: The poverty hype
- April 2, 2008: Oil profits
- April 2, 2008: Don's response
- April 2, 2008: Oil refinements
- April 1, 2008: My profile
Archive for January 24, 2008
Evidence
January 24, 2008 by Tom Armstrong.
Mark Perry explains why we’re probably not in recession. Notable:
At the onset of the last two recessions (March 2001 and July 1990), initial unemployment claims were close to 400,000, and at the onset of the 1980 and 1981 recessions new claims for unemployment benefits were close to 500,000. This extremely positive news about the health of the U.S. labor market over the last month (301,000 claims) pretty much guarantees that we are not in a recession.
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Fiscal Stimulus
January 24, 2008 by Tom Armstrong.
Don Boudreaux says:
Spending power is not so much the fuel for economic growth as it is its reward. And the key to economic growth is investment that raises worker productivity.
Read it all here.
Posted in General post | 1 Comment »
Senator Dodd and moral hazard
January 24, 2008 by Tom Armstrong.
Senator Dodd’s plan to remedy the subprime mortgage crisis will create a moral hazard.
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