Price Level? No Such Thing
This piece from the St. Louis Fed argues for a price index that adjusts for quality.
Mises Wire
A Political End of the Recession?
Was NBER’s announcement that the recession ended in ‘01 poltically motivated?
Greenspan’s Personal Portfolio
Greenspan’s assets unhurt by 2002 bear (CNN.com): “F
Drowning in Dinars
Drowning in Dinars by Jason Williams (NYT), a fascinating tale of paper money,
New Money Supply Data: Up, Up, Up
The newest Monetary Trends is out (August) from the St. Louis Fed.
True by Definition
Don’t you just love the statement: “unemployment has risen because of falling employment...” The NBER staff has been brushing up
Euro in Peru
Writes Eduardo Kamisato: There are many problems with the US economy right now: an increasingly huge fiscal deficit, huge trade de
