Economist

Illinois Economy Stagnant In November: Economist

The Huffington Post (Free subscription) | yesterday

The state's economy went flat in November, based on a University of Illinois measure of sales, individual and corporate income-tax receipts. University economist J. Fred Giertz said in the report released today the latest drop in the Flash Index leaves little doubt the national and state economies are in recession. Read the whole story here.

Indiana's (Overly')Optimistic Economist

Reviving Economics (Free subscription) | yesterday

Michael Hicks (and or his fellow Ball State economists), economist at Ball State University in Muncie, IN and director of its Center of Business and Economic Research, predicted the "US likely went into recession... late third quarter." Unfathomably, the IBJ quotes him as actually saying: "Very few people will actually lose their jobs." This quote single-handedly says a couple...

Asia Economy: Grim Outlook for Japan Economy: Barclays Economist

Financial24 (Free subscription) | yesterday

Japan's globalisation has so far been outbound only. The next step is to open up the economy to foreign capital and labour—or face another fight with deflation, says Kyohei Morita. In an interv

Sounding like an Economist

Greg Mankiw's Blog (Free subscription) | yesterday

Click on the graphic to enlarge.

A Three Armed Economist

Contrarian Musings (Free subscription) | 12 hours ago

Christina Romer was named as the head of President elect Obama’s Council of Economic Advisors. I wonder what kind of advice she’ll give? Well, on the one hand…but on the other hand….and on the other hand…Take a look at the amazing three armed economist.

UNITED STATES: US in recession since December 2007, say economists

France24 (Free subscription) | yesterday

A panel of economists says the US economy has been in recession since December 2007, defining recession as a widespread, "significant decline" in economic activity. Wall Street plunged 7.6% by the close of trading on the news.

Economist group says recession started a year ago

The Business Journal of Phoenix (Free subscription) | yesterday

The U.S. economy entered a recession a year ago, according to a new analysis by a group of economists.

Economist's View: links for 2008-12-02

InformedTrades (Free subscription) | 6 hours ago

Treasury Finance Policy - knzn Investors Sue Countrywide Over Modified Loans - NYTimes.com Bailout Monitor Sees Lack of a Coherent Plan - NYTimes.com...

Financial Literacy

Total Internal Reflection Teachings (Free subscription) | 14 hours ago

The Economist report on financial literacy and the impact @ http://www.economist.com/daily/diary/displayStory.cfm'story_id=12675257&source=hptextfeature was brilliant. Useful links: www.mymoney.gov www.nycares.org

Economist's View: The Bailout: Expenditure or Investment?

InformedTrades (Free subscription) | 6 hours ago

With respect to estimates concerning the total cost of the various bailouts, etc. for the financial system, in particular whether the spending should...

• The Bailout: Expenditure or Investment? - Economist's View

Economic Report: Recession began a year ago, economists say

Market Watch (Free subscription) | yesterday

The U.S. economy entered a recession in December 2007, a committee of economists at the private National Bureau of Economic Research say.

Economists Infiltrate the White House; Now What?

Freakonomics (Free subscription) | yesterday

Last week, President-elect Obama dominated the news - and perhaps moved the markets - by spending the three days before Thanksgiving introducing one economist after another to the American public. There were Larry Summers, Peter Orszag, Christina Romer, and Austan Goolsbee; and don't forget Tim Geithner and Paul Volcker, neither of whom are Ph.D. economists, [...]

First, Round Up the Two-Handed Economists

The Corner (Free subscription) | yesterday

Mark (Hemingway) - First, who knew that Romer was bitten by a radioactive spider? Anyway, Latvia is blazing a new policy option: Arrest all the pessimistic economists. Kudlow would never see a single day in prison! RIGA, Latvia -- Hammered by economic woe, this former Soviet republic recently took a novel step to contain the crisis. Its counterespionage agency busted an economist for being too...

Economist's View: Do You Believe?

InformedTrades (Free subscription) | 7 hours ago

Bluematter says rational agents shouldn't be struggling right now: If you believe in Ricardian equivalence, you don't believe in recessions: The same...

simitpatel said: economist mike shedlock says housing bottom 3-5 years away; trade $xhb and $srs accordingly. link: http://bit.ly/EyIG

InformedTrades (Free subscription) | 12 hours ago

simitpatel said: economist mike shedlock says housing bottom 3-5 years away; trade $xhb and $srs accordingly. link: http://bit.ly/EyIG via...