The Big Picture

A few caveats about the data mentioned previously: First , the BLS data only goes to 2003. That probably doesn’t matter with this...

Back in June, we discussed the increasing liabilities of Americans. Some of that research has found its way onto the tube: Today,...

Macroblogger David Altig got me thinking in more detail about the Bernanke/Clarida Savings Glut argument; As mentioned previously, I am...

via Business Opportunities Weblog: Half a million smackeroos? I would be hitting that bid so fast your head would spin! My...

There is a dividing line between supporters of the so-called Core rate of inflation and those economists I taken to referring as...

Today’s chart comes courtesy of Vanguard Funds. It shows the total value (NYSE, Nasdaq and Amex) as a percentage of GDP. Historically,...

You know the Man’s a "slamdunk" to get through the Senate Confirmation Process when the poltical cartoonists mock the...

Here’s a fascinating look at "The Maestro" via the lens of the WSJ, circa 1987: · Fed Jolt: Nominee Greenspan Shares...

My only reservations with Bernanke are a couple of his speeches as a Fed Governor: The Global Saving Glut and the U.S. Current Account...

Two immediate thoughts come to mind about this, one economic and one political: 1) Ben Bernanke is a safe, strong choice, sure to be...