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Wednesday, June 19, 2013

Daily Archives: October 27, 2011

Carpe Diem

Real GDP Recovers to Above Its Pre-Recession Level

Mark J. Perry | October 27, 2011, 6:40 pm

The BEA reported today on third quarter GDP, here are some hightlights: 1. Nominal GDP was $15,159 billion in the third quarter and real GDP (in 2005 dollars) reached a new all-time high of $13,353 billion, putting real output above … read more >

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Economics

US-EU debt crises: The parallels are striking—and disheartening

Peter J. Wallison | October 27, 2011, 4:54 pm

The deal to save Greece from default, just brokered in Europe, requires investors (mostly banks) to write off about 50 percent of their loans to Greece. One of the reasons the banks made these loans in the first place is … read more >

3
Carpe Diem

Markets in Everything: Aerosol e-Book Enhancer

Mark J. Perry | October 27, 2011, 4:35 pm

“Does your Kindle leave you feeling like there’s something missing from your reading experience? Have you been avoiding e-books because they just don’t smell right? If you’ve been hesitant to jump on the e-book bandwagon, you’re not alone. Book lovers … read more >

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Politics and Public Opinion

Banter #29: The Republican primaries

Stuart James | October 27, 2011, 3:50 pm

Jennifer Marsico, a senior research associate for AEI’s Political Corner, joins Andrew and Stu on the podcast this week to talk about the Republican primary race so far and what we can expect going forward. How long can Herman Cain … read more >

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Carpe Diem

OWS Kitchen Staff Protests “Freeloader Greed”

Mark J. Perry | October 27, 2011, 3:41 pm

NEW YORK POST –  “The Occupy Wall Street volunteer kitchen staff launched a “counter” revolution yesterday — because they’re angry about working 18-hour days to provide food for “professional homeless” people and ex-cons masquerading as protesters. For three days beginning … read more >

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Carpe Diem

The Top Ten Richest Celebrities Supporting OWS Have A Combined Net Worth of $1.255 Billion

Mark J. Perry | October 27, 2011, 3:25 pm

Here’s the breakdown, starting with Yoko Ono, who is worth $500 million.

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Economics

My must-reads of the day

James Pethokoukis | October 27, 2011, 2:41 pm

1. Tim Kane, Growthology blog, over at The American: Where does the Office of Growth reside in the executive branch? Why aren’t they consulting with growth textbook authors such as David Weil, Daron Acemoglu, Robert Barro, Xavier Sala-i-Martin, or perhaps … read more >

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Carpe Diem

Multimillionaire Moore Denies He’s in the Top 1%

Mark J. Perry | October 27, 2011, 2:29 pm

Documentary filmmaker and multimillionaire Michael Moore squirms in the interview above as he refuses to admit he’s in the top 1% (transcript available here), which seems highly unlikely because it would only take $344,000 of income in 2009 to be … read more >

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Foreign and Defense Policy, Terrorism

Iran wins

Frederick W. Kagan | October 27, 2011, 1:27 pm

President Obama’s decision to end negotiations to extend the presence of any U.S. military forces in Iraq after the end of this year has handed Iran a strategically important victory. The minutiae of the negotiations and the reasons for their … read more >

2
Carpe Diem

Markets in Everything: Urban Farm Pods

Mark J. Perry | October 27, 2011, 1:18 pm

Is this the produce farm of the future? From The Atlantic: ATLANTA — “It’s easy to miss the Podponics headquarters on Ponce de Leon Avenue. We breezed right by before company co-founder Dan Backhaus came out to the curb to … read more >

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