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Sunday, May 19, 2013

Daily Archives: November 16, 2011

Carpe Diem

Architecture Indexes Improve in October

Mark J. Perry | November 16, 2011, 7:36 pm

“After a sharp dip in September, the Architecture Billings Index (ABI) climbed nearly three points in October (see chart above). As a leading economic indicator of construction activity, the ABI reflects the approximate nine to twelve month lag time between … read more >

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Foreign and Defense Policy

Debating in the district: 1960 and today

Andrew Rugg | November 16, 2011, 4:56 pm

Washington, D.C., doesn’t often host presidential debates, as it will for the November 22 AEI-Heritage-CNN debate. The occasion brings to mind the October 1960 debate between John F. Kennedy and Richard Nixon in D.C. The upcoming debate, like the 1960 … read more >

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Carpe Diem

Insider Trading, Congress Style

Mark J. Perry | November 16, 2011, 4:50 pm

On CNBC this morning Author Peter Schweizer discussed his forthcoming book “Throw Them All Out: How Politicians and Their Friends Get Rich off Insider Stock Tips, Land Deals, and Cronyism That Would Send the Rest of Us to Prison.”

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Economics

Romney adviser Glenn Hubbard on NGDP

James Pethokoukis | November 16, 2011, 4:21 pm

The idea of having the Federal Reserve target nominal GDP has gotten a lot of play lately. So I thought I would ask Glenn Hubbard, a top economic adviser to Mitt Romney, his thoughts on the matter. He’s someone, after … read more >

3
Economics

There’s no free lunch, or free broadband, or free bailouts

Daniel Rothschild | November 16, 2011, 4:06 pm

This afternoon the Treasury Department released a revised estimate of taxpayer losses from the auto bailout, saying GM’s declining stock prices have pushed the total losses up to $23.6 billion. By sheer coincidence, that’s almost exactly the figure that a … read more >

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Carpe Diem

IJ Goes Up Against the Connecticut Dental Cartel

Mark J. Perry | November 16, 2011, 3:22 pm

Institute for Justice — “Teeth-whitening services are popular and increasingly available at spas, salons and shopping malls. This has been a boon for consumers because these businesses offer whitening services at a much lower cost than dentists do, often charging … read more >

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Economics

The case for exploding income inequality continues to crumble

James Pethokoukis | November 16, 2011, 3:18 pm

It’s becoming clear to me that the media and left-of-center bloggers will only cite studies that support the idea that a) U.S. income inequality is going supernova, and b) the American middle-class has stagnated for the past 30 years. I’ve … read more >

2
Carpe Diem

CPI Factoid of the Day: Natural Gas Prices -2.2%

Mark J. Perry | November 16, 2011, 2:39 pm

Interesting factoid from Table A above (click to enlarge) in today’s CPI report: Compared to one year ago, every category of goods and services has increased except for one deflationary item: “Utility (piped) gas service,” which has decreased by 2.2% … read more >

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Economics

5 reasons why the GOP would be nuts to raise taxes

James Pethokoukis | November 16, 2011, 2:11 pm

The Republican bulwark against tax increases is beginning to crumble. The latest crack was put there by Sen. Lamar Alexander who thinks the GOP should offer more than the $250 billion in revenue already on the table (via The Hill): … read more >

3
Carpe Diem

Chart of the Day: Gas Prices in Europe vs. USA

Mark J. Perry | November 16, 2011, 1:45 pm

From Business Insider. HT: Robert Kuehl

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