Advertising is Good for You:
How restaurants get you to spend more
Context for Trade Deficit
Trade Deficits Resume Upward Climb
Crooks & Liars:
President Promises 600K New Jobs This Summer
Report: The Employed Are Hurting, Too. Meanwhile, Heritage Foundation Blames Unemployment Checks for Unemployment.
"Dogbert the Pirate." ("That's a different business model." Hah!)
"Pretend you don't know that."
"Dogbert the CEO"
The Dollar as a Reserve Currency: Apres le Deluge
Do you see what I see? ("I'm still looking for, and still not seeing, the economic recovery that everybody is talking about.")
How Important Is China to World Growth?
Chinese Manufacturers Accused of Predatory Pricing in India
"Cultural Authenticity and the Market" (This was slightly off the beaten track for Thoma, but if you have any interest in archeology, you might find this post of interest.)
Rogoff: Rebalancing the US-China Economic Relationship
Fed Watch: Rate Hike? ("Seriously, a rate hike in this environment? Or anytime before the end of 2009? At the moment, I just can't see it happening. That said, long rate are higher, and inflation expectations in some corners of the market are rising. What is going on?")
2009 Reith Lectures: Markets and Morals ("After my piece ran, The Times was flooded with scathing letters - mostly from economists (LAUGHTER), some from my own university. I utterly failed to understand the virtue of markets, they said, or the efficiencies of trade, or even the most elementary principles of economic rationality. Amidst the torrent of criticism, I did receive a sympathetic email from my old college Economics Professor. He understood the point I was trying to make, he wrote, but could he ask a small favor: would I mind not publicly revealing the identity of the person who had taught me Economics? (LAUGHTER)")
The Great Debt Scare: Why Has It Returned?
The Bonddad Blog:
Volcker on Recovery
Flow Of Funds Charts, Part I ("Consider the following charts from the Flow of Funds. Then ask yourself, will the consumer be able to lead us out of recession?")
Consumer Confidence Up
Is the Debt Binge Over?
More Signs of Bottoming
It's Looking Like a Jobless Recovery ("Right now there is no reason to hire -- and there won't be for awhile." This is not a surprise.)