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Saturday, May 18, 2013

Daily Archives: February 17, 2012

Carpe Diem

Cleveland Federal Reserve: Ten-Year Expected Inflation is Only 1.34%, the Lowest in 30 Years

Mark J. Perry | February 17, 2012, 9:39 pm

“The Federal Reserve Bank of Cleveland reported today that its latest estimate of 10-year expected inflation is 1.34 percent. In other words, the public currently expects the inflation rate to be less than 2 percent on average over the next … read more >

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Carpe Diem

Documentary Coming (Maybe): “FrackNation”

Mark J. Perry | February 17, 2012, 9:30 pm

“FrackNation is the film that will tell the truth about fracking. $150,000 is the absolute minimum we need to finish FrackNation – the more we get – the better the film will be. Also it is important to know if … read more >

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Carpe Diem

Leading Economic Index Points to Ongoing Growth

Mark J. Perry | February 17, 2012, 4:00 pm

  The Conference Board reported today that its Leading Economic Index (LEI) increased in January for the fourth consecutive month, reaching and index level of 94.9, the highest level since July of 2008, three and-a-half years ago (see chart above).  … read more >

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Carpe Diem

Inflationary Pressures Were Falling at Year-End

Mark J. Perry | February 17, 2012, 2:10 pm

The chart above (click to enlarge) shows some interesting data from Table 2 in today’s CPI report on seasonally adjusted, annualized inflation rates for the three and six month periods ending July 2011 compared to comparable periods ending January 2012.  … read more >

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Economics

Yet another study shows government workers are overpaid

Andrew Biggs | February 17, 2012, 1:38 pm

In the wake of CBO’s recent report finding that federal employees are overcompensated by an average of 16 percent, public employee unions and members of Congress who support them had two main reactions. First, they say, the Bureau of Labor … read more >

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Economics, Energy and the Environment

Who shut down Keystone?

Kenneth P. Green | February 17, 2012, 1:36 pm

Some analysts (including myself), when pondering the Obama decision to reject Canada’s application to build a pipeline from Alberta to the Gulf coast, have laid the blame at the feet of the environmental movement and political operatives within the Obama … read more >

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Foreign and Defense Policy

Best of the foreign policy blogs (Feb. 11 to Feb. 17)

Marc Thiessen | February 17, 2012, 12:51 pm

Here’s what AEI’s foreign and defense policy scholars are reading for the week of February 11-17: Michael V. Rienzi at SmallWarsJournal.com outlines Iran’s Likely Response to a U.S. Attack. Jonathan S. Tobin at CommentaryMagazine.com asks Is There Really a Consensus … read more >

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Politics and Public Opinion

Is the bloom off Elizabeth Warren (D-Occupy)?

James Pethokoukis | February 17, 2012, 12:46 pm

The senatorial incarnation of President Obama’s Spread the Wealth reelection effort is Elizabeth Warren, running against Scott Brown in Massachusetts. A new poll has her way behind, though perhaps it is an outlier (via HuffPo): Recall Warren’s famous class-warfare rant: … read more >

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Economics

Who’s engaging in nostalgia economics?

James Pethokoukis | February 17, 2012, 11:27 am

Are Republican 2012ers offering voters a bridge to the past? Here’s Politico’s headline story today: “Mitt Romney, Rick Santorum sell nostalgia in Michigan.” The gist is that the two presidential candidates are playing on the state’s collective memory of its … read more >

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Economics

What’s driving rising inequality?

Nick Schulz | February 17, 2012, 10:56 am

Russ Roberts has an important post here that ties together a lot of different debates of late—Peter Thiel/Tyler Cowen’s Great Stagnation thesis, the Occupy/inequality complaints, and Charles Murray’s Coming Apart. Read it.  

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