global economy | AEIdeas

Saturday, May 25, 2013

djaig

Carpe Diem, Economics, Energy and the Environment

Bad news for pessimists: Malthus was wrong

Mark J. Perry | March 25, 2013, 6:04 pm

Blake Clayton writes on the Council on Foreign Relations blog that “It’s Bad News for Pessimists Everywhere: Malthus Was Wrong,” here’s the opening: There is a tempting intuition to the idea that the real prices of non-renewable goods like coal, iron ore, … read more >

48

Chart of the day: China is now world’s No. 1 manufacturer

Mark J. Perry | December 12, 2012, 4:56 pm

The United Nations updated its National Accounts Main Aggregates Database today with data for 2011. The chart above compares the annual manufacturing output of the US and China from 1970 to 2011 measured in current US dollars. Before 2004, the … read more >

42

How to fix the world — or at least the U.S. and global economies — in just 70 words

James Pethokoukis | July 25, 2012, 8:30 am

Edward Yardeni is known as one of the smartest, most forward-thinking economic analysts around. Although he now runs his own firm, he was on Wall Street for a quarter century as the chief economist of EF Hutton, Prudential Securities, and … read more >

4

Economics, U.S. Economy

A global economic downgrade

James Pethokoukis | June 2, 2012, 8:20 am

Economist Bruce Kasman of JPMorgan, who just slashed his 3Q US GDP forecast to 2% from 3%: Disappointing May releases alongside the ongoing Euro area sovereign crisis is prompting important changes to our forecast. Although our global growth estimates have … read more >

Reply

Foreign and Defense Policy, Europe and Russia

And if the euro completely collapses …

James Pethokoukis | May 30, 2012, 10:39 am

A neat chart in The Economist summarizing some forecasts about the impact of a) an orderly Greek euro exit and b) a complete euro breakup. Here is a sketch of what happens if everything goes wrong: If neither the rescue … read more >

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