Rise of the Empiricists
Is the US becoming more of an empirically based society? The early evidence across a variety of fields is in, and it appears to be yes...
Iceland: Here’s How You Deal with a Bank Crisis
Iceland President: We Decided to Let the Banks Fail Iceland President Olafur Ragnar Grimsson on the recovery of the country’s...
Did Greenspan Steal the Phrase “Irrational...
Interesting discussion by Think Tank contributor MacroMan, who retells a story about Yale Professor Robert Shiller: We asked him once...
10 Monday PM Reads
My afternoon reads: • Why the Founding Fathers Loved the National Debt (Echoes) • Capital Economics: Bull Market in Treasurys Far...
What’s the State of the Economy?
Japanese budget seems optimistic
The Japanese Parliament reconvened today. Details of their proposed budget for the fiscal year starting 1st April have been released....
Inventory and the Low Equity/No Equity Homeowner
Pending Home Sales index for December 2012 was released this morning. The data itself was mixed — down 4.3% from November (SA) but...