15 | February | 2013

Wednesday, June 19, 2013

Aren’t US CEOs overpaid vs. non-US CEOs? Maybe not.

Mark J. Perry | February 15, 2013, 11:05 pm

A new academic research paper in The Review of Financial Studies titled “Are U.S. CEOs Paid More? New International Evidence,” challenges the commonly held view that the compensation of US CEOs is higher than their non-U.S. counterparts. Here’s the abstract: … read more >

Carpe Diem

Feedburner and Twitter

Mark J. Perry | February 15, 2013, 7:47 pm

If you’re not receiving daily emails with a summary of the latest Carpe Diem posts, and would like to sign up, here’s a link that will allow you to subscribe to the daily Feedburner service for Carpe Diem. Follow me … read more >

Carpe Diem

Big chemical companies like Dow enjoy globalization and export markets, but want to limit nat gas exports?

Mark J. Perry | February 15, 2013, 4:13 pm

Rank Top 10 US Exports, 2012 Millions 1 Automotive vehicles, parts, and engines $145,992 2 Fuel oil and Petroleum Products $117,134 3 Chemicals $83,528 4 Pharmaceutical preparations $47,913 5 Industrial machines, other $46,128 6 Civilian aircraft $45,267 7 Semiconductors $42,087 … read more >

Economics, Health Care, Pethokoukis

Are high-deductible health plans helping slow down health care spending?

James Pethokoukis | February 15, 2013, 3:49 pm

Real spending on health care services has grown at only a 2.1% annual rate since the recession ended, notes a new JPMorgan report. That’s about a full percentage point slower than the pace that prevailed in the decade before the … read more >

Carpe Diem

DC street food scene explodes with almost 200 food trucks

Mark J. Perry | February 15, 2013, 2:36 pm

The food trucks (about 20) and people were lined up today at Farragut Square in DC during the lunch hour, enjoying the great food and the 57 degree weather with lots of sunshine (see photo above). I checked out the … read more >

Pethokoukis

Should banks hold a lot more equity capital?

James Pethokoukis | February 15, 2013, 1:42 pm

One possible way to make big banks safer — in addition to downsizing them and/or restructuring them to eliminate government’s TBTF subsidy — is by making them fund their loans with more unborrowed money — equity capital. Banks may only … read more >

Pethokoukis

David Brooks and Reihan Salam on universal pre-K

James Pethokoukis | February 15, 2013, 12:55 pm

David Brooks likes what he hears so far from the Obama administration about its universal pre-K plan: Obama is trying to significantly increase the number of kids with access to early education. The White House will come up with a … read more >

Carpe Diem

North ‘Saudi’ Dakota sets more new records in December with exponential growth in oil output

Mark J. Perry | February 15, 2013, 12:03 pm

New monthly oil production data released today by North Dakota’s Department of Mineral Resources show that the Peace Garden State set more new monthly records for oil production in December. For the fifth month in a row, the state produced … read more >

Society and Culture, Education, Pethokoukis

Is Obama’s universal pre-K plan too much, too soon?

James Pethokoukis | February 15, 2013, 11:13 am

Proponents of President Obama’s universal prekindergarten proposal make a strong case for the potential benefits of such a plan. Studies of about 100 low-income kids enrolled in two pricey and intensive preschool projects in the 1960s and 1970s found the … read more >

Carpe Diem

From today’s report on industrial production: Crude oil output reached a 20-year high in January

Mark J. Perry | February 15, 2013, 11:12 am

The Federal Reserve reported today on industrial production for January, with the following commentary: “Industrial production edged down 0.1% in January after rising 0.4% in December. In January, manufacturing output decreased 0.4% following upwardly revised gains of 1.1% in December … read more >