CARPE DIEM (Free subscription) | 21/08/2008
Brian Wesbury asks : "How can monetary base growth slow for seven straight years without pushing inflation down? If you agree with Friedman, it should have caused a decline in inflation, but every measure of inflation is higher, not lower." MP: What about annual core inflation? It's been flat for 10 years now at about 2%, see chart above, is lower now than it was several years ago, and...
US News (Free subscription) | 04/09/2008
... from a solid 2.6 percent gain in the first quarter, according to Global Insight. And as economist Brian Wesbury puts it: "The productivity boom continues, keeping the economy growing at a healthy pace even as businesses trim payrolls. As a result, the long-term prospects for U.S. economic growth remain strong. Non-farm productivity is up 3.4 percent versus last year." Productivity,...
BizzyBlog (Free subscription) | 23/07/2008
Brian Wesbury, whose writings I have quoted often (link is to a BizzyBlog site search on Wesbury’s name), is at it again, puncturing the economic gloom with reality-based analysis. Since his job is to provide useful info for the investor-clients at first Trust, creating unrealized hype is not in his best interest. Wesbury is predicting a [...]
NewsBusters (Free subscription) | 23/07/2008
Brian Wesbury, whose writings I have quoted often, is at it again, puncturing the economic gloom with reality-based analysis. Since his job is to provide useful info for the investor-clients at First Trust, creating unrealized hype is not in his best interest. Wesbury is predicting a stunning improvement in the economy's growth rate (PDF; HT Political Calculations ) when Uncle...
The Club for Growth (Free subscription) | 28/08/2008
Brian Wesbury, one of the smartest economists out there, was the only one whose guess was even close.
BizzyBlog (Free subscription) | 28/08/2008
... who said in mid-July that “little doubt we’ve moved into recession.” Justified Gloater of the Day: Brian Wesbury, who predicted before the initial release in late July that second quarter GDP would come in at 3% , and surely caught a lot of grief, including a bit from me, after that first reading of 1.9%.
Seeking Alpha (Free subscription) | 25/08/2008
Mark J. Perry submits: Brian Wesbury in the WSJ last week : Complete Story »
CARPE DIEM (Free subscription) | 24/08/2008
Brian Wesbury in the WSJ last week : "The most painful and frustrating economic policy blunder of the past 50 years was the Great Inflation of the 1970s. Painful, because it was the catalyst for three damaging recessions (1973-75, 1980, 1981-82, see shaded areas above), all the while eroding living standards and seriously undermining confidence in America. Today, the U.S. (and through...
Seeking Alpha (Free subscription) | 21/08/2008
Mark J. Perry submits: Brian Wesbury asks : Complete Story »
The Reasoned Sceptic (Free subscription) | 20/08/2008
Brian Wesbury's excellent piece in yesterday's Wall Street Journal, "Inflation Is a Clear and Present Danger," moved me to write a piece on recent developments in the US economy. But, to start this post, I'd like to refer to an economics editorial in the Journal on July 25th by David Ranson, head of research at H.C. Wainwright Economics. Among several excellent points he made, this one...
Seeking Alpha (Free subscription) | 20/08/2008
Mark J. Perry submits: Brian Wesbury writes in yesterday's WSJ article, " Inflation Is a Clear and Present Danger ": The most painful and frustrating economic policy blunder of the past 50 years was the Great Inflation of the 1970s. Painful, because it was the catalyst for three damaging recessions (1973-75, 1980, 1981-82), all the while eroding living standards and seriously undermining...
CARPE DIEM (Free subscription) | 19/08/2008
Brian Wesbury writes in today's WSJ article, " Inflation Is a Clear and Present Danger ": The most painful and frustrating economic policy blunder of the past 50 years was the Great Inflation of the 1970s. Painful, because it was the catalyst for three damaging recessions (1973-75, 1980, 1981-82), all the while eroding living standards and seriously undermining confidence in America....
Seeking Alpha (Free subscription) | 14/08/2008
Mark J. Perry submits: According to Brian Wesbury and Bob Stein , "Inflation is the leading menace to the US economy." Although I usually agree them, I don't see inflation as much of a menace right now. The core CPI inflation on an annual basis was 2.5% in July, barely above the 10-year average of 2.21%, below the levels close to 3% between mid-2006 to early 2007, and way below the 4.58%...
CARPE DIEM (Free subscription) | 14/08/2008
According to Brian Wesbury and Bob Stein , "Inflation is the leading menace to the US economy. " Although I usually agree them, I don't see inflation as much of a menace right now. The core CPI inflation on an annual basis was 2.5% in July, barely above the 10-year average of 2.21%, below the levels close to 3% between mid-2006 to early 2007, and way below the 4.58% average since 1970...
Right Mind (Free subscription) | 12/08/2008
According to First Trust economists Brian Wesbury and Bob Stein , the US has been showing signs of being an export superpower again. The U.S. is becoming an export superpower. The trade deficit declined...( read more )
