Government

November 2, 2011
Published by Elaine Schwartz at November 2, 2011
Categories

Default Deja Vu

Between its independence in 1829 and 2006, Greece has had 5 defaults or debt reschedulings that occupied a total of 50.6 years.  Described by Rogoff and […]

Do you like it?
Read more
October 25, 2011
Published by Elaine Schwartz at October 25, 2011
Categories

Greece and Argentina

Nobody wants Greece to become Argentina. It all began with what scholars Rogoff and Reinhart called the lending boom of the 1990s. Enjoying the influx of […]

Do you like it?
Read more
October 24, 2011
Industries afflicted with Baumol's Disease have slower productivity growth.
Published by Elaine Schwartz at October 24, 2011
Categories

Babies and the Elderly

The beginning of life and the end of life are becoming more expensive. The number of premature babies in the U.S. has soared by 36% during […]

Do you like it?
Read more
October 23, 2011
Published by Elaine Schwartz at October 23, 2011
Categories

Chinese Imports

Are you paying more for your clothing? According to NY Times financial journalist Floyd Norris, women’s shirt prices, dresses, sweaters, all that government statisticians consider female […]

Do you like it?
Read more
October 22, 2011
Published by Elaine Schwartz at October 22, 2011
Categories

A Surprising Deficit Worry

Who do you think is the biggest holder of U.S. government debt? The U.S. government. Whenever Social Security collects more payroll tax money than it needs, […]

Do you like it?
Read more
October 18, 2011
Published by Elaine Schwartz at October 18, 2011
Categories

The Blackberry Disruption

Last week’s Blackberry blackout saved lives. In Dubai, traffic accidents dipped 20%. For Abu Dhabi, the decrease was 40%. Considering that there is approximately 1 traffic […]

Do you like it?
Read more