Overstated Job Growth & the Annual Establishment Survey...
Tomorrow, we find out just how much the B/D adjustment overstated true job creation in 2007. Every year, the Annual CES benchmark...
Brilliant Economists Can’t Figure It Out
Tom Toles perfectly sums up both the present economic environment, and the problem with economists:
Real Income Fails to Rise for most of the 2000s
I’ve been talking about this for years, but I am glad to see quantifiable proof has now been adduced. According to IRS data:...
How Good Was NFP Really?
Whoever wrote the headline for today’s WSJ is our latest nominee for Peyote spokesman of the month. I don’t know gets the...
The Capital Commerce Debate
Over at US News & World Report, I am engaged in a debate on the state of the Economy with none other than Don Luskin. It will run...
How Blogging Can Help You Get a New Job
Since we have been discussing Blogging so much lately, and today is positivity day, let’s briefly discuss this article in...
Global Boom ?
We’ve mentioned the Recency effect several times of late. You can see no better example of this cognitive bias than in David...
Income Gap Continues to Widen
To regular readers of TBP, this is very old news – but the significant play it has gotten recently is not. We started discussing...
Wage Surge?
David Leonhardt, in today’s NYT column, It’s the Year to Keep an Eye on Paychecks: "Before the present wage surge began,...