:: Tuesday, May 22, 2012



Latest Blogs
Pittsburgh Scoring Jobs
By Christopher Briem
0 comments»
Some new jobs numbers are out for April. These are the Pittsburgh jobs, not the state data in the news today. Not much change from trend. Region up YOY and for April only below the 2001 über peak that I have argued is a bit anomalous. Maybe we wil....
By Christopher Briem
0 comments»
Some new jobs numbers are out for April. These are the Pittsburgh jobs, not the state data in the news today. Not much change from trend. Region up YOY and for April only below the 2001 über peak that I have argued is a bit anomalous. Maybe we wil....
The Recovery Is an Illusion: John Williams
By The Gold Report
0 comments»
John Williams, author of the ShadowStats.com newsletter, shines light on his interpretations of the GDP, CPI, unemployment and other government statistics in this exclusive Gold Report interview from the recent Recovery Reality Check conference. H....
By The Gold Report
0 comments»
John Williams, author of the ShadowStats.com newsletter, shines light on his interpretations of the GDP, CPI, unemployment and other government statistics in this exclusive Gold Report interview from the recent Recovery Reality Check conference. H....
Manufacturing Jobs
By Simon Grey
0 comments»
It turns out that they’re actually good for workers: On average, hourly wages and salaries for manufacturing jobs were $29.75 an hour in 2010 compared to $27.47 an hour for non-manufacturing jobs. Total hourly compensation, which includes employer-p....
By Simon Grey
0 comments»
It turns out that they’re actually good for workers: On average, hourly wages and salaries for manufacturing jobs were $29.75 an hour in 2010 compared to $27.47 an hour for non-manufacturing jobs. Total hourly compensation, which includes employer-p....
Economic Events on May 21, 2012
By B.P.T.
0 comments»
At 8:30 AM Eastern time, the Chicago Fed National Activity Index for April will be released, providing an update on economic activity and inflationary pressure in the United States.....
By B.P.T.
0 comments»
At 8:30 AM Eastern time, the Chicago Fed National Activity Index for April will be released, providing an update on economic activity and inflationary pressure in the United States.....
Hysteresis and the Pretense of Knowledge
By Simon Grey
0 comments»
More on hysteresis: Imagine having a fever so bad that it permanently raised your body temperature. Now imagine a period of unemployment so bad that it permanently reduces our economy's ability to produce things and employ people. That's hysteresis ....
By Simon Grey
0 comments»
More on hysteresis: Imagine having a fever so bad that it permanently raised your body temperature. Now imagine a period of unemployment so bad that it permanently reduces our economy's ability to produce things and employ people. That's hysteresis ....
Afternoon news implosion
By Christopher Briem
0 comments»
So this is ominous via the Atlanta Journal Constitution today: Delta Cutting Staff. If you do not read the tea leaves they don't leave it to the imagination with this quote "Meanwhile, Delta said it plans to further cut back international flight....
By Christopher Briem
0 comments»
So this is ominous via the Atlanta Journal Constitution today: Delta Cutting Staff. If you do not read the tea leaves they don't leave it to the imagination with this quote "Meanwhile, Delta said it plans to further cut back international flight....
Lithium Demand Will Rise Significantly: Mansur Khan
By The Energy Report
0 comments»
Lithium is lightest of all metallic elements, with low density and high electrochemical potential. These are essential characteristics that make the element especially suitable for use in various power-storage applications, including electric ....
By The Energy Report
0 comments»
Lithium is lightest of all metallic elements, with low density and high electrochemical potential. These are essential characteristics that make the element especially suitable for use in various power-storage applications, including electric ....
Almost, almost, last Maglev post
By Christopher Briem
0 comments»
So I give them credit for tenacity for sure, but the ghost has abandoned ship. The results of the final auction of assets of Maglev Inc. which took place on March 6th have been filed. By news accounts the total public funding into the local high spee....
By Christopher Briem
0 comments»
So I give them credit for tenacity for sure, but the ghost has abandoned ship. The results of the final auction of assets of Maglev Inc. which took place on March 6th have been filed. By news accounts the total public funding into the local high spee....
Finding Opportunity in Silver, the Devil's Metal: Chris Thompson
By The Gold Report
0 comments»
Silver has been called the most volatile of metals. But volatility produces opportunity, according to Chris Thompson, a top-ranked StarMine analyst with Haywood Securities. In this exclusive interview with The Gold Report, Thompson forecasts a str....
By The Gold Report
0 comments»
Silver has been called the most volatile of metals. But volatility produces opportunity, according to Chris Thompson, a top-ranked StarMine analyst with Haywood Securities. In this exclusive interview with The Gold Report, Thompson forecasts a str....
Economic Events on May 17, 2012
By B.P.T.
0 comments»
At 8:30 AM Eastern time, the U.S. government will release its weekly Jobless Claims report. The consensus is that there were 365,000 new jobless claims last week, which would would be 2,000 less than the previous week. At 9:45 AM Eastern time, the....
By B.P.T.
0 comments»
At 8:30 AM Eastern time, the U.S. government will release its weekly Jobless Claims report. The consensus is that there were 365,000 new jobless claims last week, which would would be 2,000 less than the previous week. At 9:45 AM Eastern time, the....
Bets, bets and more bets
By Christopher Briem
0 comments»
So most skipped over the story of how Neil Bluhm may be buying out the remnant of the late Don Barden's ownership group down at the Rivers Casino. Don Barden had a diverse mix of equity ownership, but it was still highly leveraged and in the end t....
By Christopher Briem
0 comments»
So most skipped over the story of how Neil Bluhm may be buying out the remnant of the late Don Barden's ownership group down at the Rivers Casino. Don Barden had a diverse mix of equity ownership, but it was still highly leveraged and in the end t....
What Lies Ahead for Junior E&Ps: Bruce Edgelow
By The Energy Report
0 comments»
The landscape of the junior oil and gas industry has changed significantly over the last five years. What will the playing field look like five years from now? These are the questions that ATB Financial's Bruce Edgelow will discuss at his upcomin....
By The Energy Report
0 comments»
The landscape of the junior oil and gas industry has changed significantly over the last five years. What will the playing field look like five years from now? These are the questions that ATB Financial's Bruce Edgelow will discuss at his upcomin....
On Its Dying Breath
By Simon Grey
0 comments»
Here’s another sign that the United States are toast: Mr. Saverin, who now lives in Singapore, decided last year to renounce his U.S. citizenship, a decision that was made public a few days ago. The move sparked an outcry among some tax experts who ....
By Simon Grey
0 comments»
Here’s another sign that the United States are toast: Mr. Saverin, who now lives in Singapore, decided last year to renounce his U.S. citizenship, a decision that was made public a few days ago. The move sparked an outcry among some tax experts who ....
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Most Commented
GOLD STANDARD ... DEBUNKED OR ANOTHER BUBBLE?
By Stephan Zimmermann
43 comments»
The financial liquidity crisis is in full swing around the world. It is no wonder that experts and novices alike seek ways and means to prevent a future recurrence. Many different solutions are enacted and proposed. All of them center on wealth and m....
By Stephan Zimmermann
43 comments»
The financial liquidity crisis is in full swing around the world. It is no wonder that experts and novices alike seek ways and means to prevent a future recurrence. Many different solutions are enacted and proposed. All of them center on wealth and m....
Missing The Obvious
By Dan McLaughlin
43 comments»
I recently heard a very knowledgeable, influential person talking about the future. He had many insights that were helpful and valid. His economic views, however were quite disturbing. He made a comment to the effect that capitalism is immoral. He po....
By Dan McLaughlin
43 comments»
I recently heard a very knowledgeable, influential person talking about the future. He had many insights that were helpful and valid. His economic views, however were quite disturbing. He made a comment to the effect that capitalism is immoral. He po....
Why Software Piracy Isn't Theft
By Bhagwad Jal Park
33 comments»
In an earlier article of mine on the dependance of Windows on Piracy, I promised a discussion on whether or not software piracy should be considered as theft. Well, here we are, and I would like to demonstrate how piracy is not theft. To start of wi....
By Bhagwad Jal Park
33 comments»
In an earlier article of mine on the dependance of Windows on Piracy, I promised a discussion on whether or not software piracy should be considered as theft. Well, here we are, and I would like to demonstrate how piracy is not theft. To start of wi....
Why I want to get out of America as fast as I can
By Bhagwad Jal Park
30 comments»
I arrived in the United States a few months ago with my wife. It was my first time to America, and I was looking forward to experiencing new things and enjoying myself. However, I am becoming aware that far from being everything that America is hyped....
By Bhagwad Jal Park
30 comments»
I arrived in the United States a few months ago with my wife. It was my first time to America, and I was looking forward to experiencing new things and enjoying myself. However, I am becoming aware that far from being everything that America is hyped....
The End Of Fractional Reserve Banking?
By Dan McLaughlin
28 comments»
United States Treasury Notes were recently auctioned off for a yield of 0%. That means that very smart people running mutual funds, brokerage houses and other very large organizations were willing to invest lots of money and get nothing in return ot....
By Dan McLaughlin
28 comments»
United States Treasury Notes were recently auctioned off for a yield of 0%. That means that very smart people running mutual funds, brokerage houses and other very large organizations were willing to invest lots of money and get nothing in return ot....
Got an Economics Question?
By Stephan Zimmermann
22 comments»
The Internet, television, and magazines or newspapers are full of features concerning economics. So is Amateur Economists. The gamut runs from economic philosophy to politics to econometrics and more. Readers have many questions. Undoubtedly, you w....
By Stephan Zimmermann
22 comments»
The Internet, television, and magazines or newspapers are full of features concerning economics. So is Amateur Economists. The gamut runs from economic philosophy to politics to econometrics and more. Readers have many questions. Undoubtedly, you w....
Inflation, Deflation, Recession
By Norbert Haag
18 comments»
We all know what inflation is, don't we? Sure, we know, it is rising prices. Is it? Why? What is the reason for higher prices? And, more important, do the prices really rise? Compared to what? Have I confused you? Good. Time to talk a bit about the ....
By Norbert Haag
18 comments»
We all know what inflation is, don't we? Sure, we know, it is rising prices. Is it? Why? What is the reason for higher prices? And, more important, do the prices really rise? Compared to what? Have I confused you? Good. Time to talk a bit about the ....
A World Without the Fed: Why Opposition to the Central Bank is Growing
By J.D. Seagraves
18 comments»
“How is the Fed’s performance in the present economy,” asks The Citizen Economists’ Poll. “They’re doing excellent,” say a sarcastic and/or deranged 5 percent of respondents. Twenty-one percent say they’re “doing okay,” and another 12 percent say “pr....
By J.D. Seagraves
18 comments»
“How is the Fed’s performance in the present economy,” asks The Citizen Economists’ Poll. “They’re doing excellent,” say a sarcastic and/or deranged 5 percent of respondents. Twenty-one percent say they’re “doing okay,” and another 12 percent say “pr....
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Religion and Economics
"Without referring to religion, the point that would-be economists need to address is their fundamental view of nature of mankind. To me it is important that not only the Judeo-Christian-Muslim views be addressed, but also the various philosophies of the...African worlds. Perhaps since the U.S. and modern Europe are the accepted leaders in terms of economic theories, tracing that branch of the science back to Abrahamic principles might well be an appropriate first step. ...No matter what the approach, a recognition of each person's view of the nature of mankind should make economics much easier to digest and understand." Discuss...
Recent Comments
Avril:
New to the stock market and only just got in with AVR at 1.23. Was lucky I didn't go in for more yes'day which I nearly did. What might be the chances of AVR closing and shareholders losing their money as a result of what has just happened? How finan...
New to the stock market and only just got in with AVR at 1.23. Was lucky I didn't go in for more yes'day which I nearly did. What might be the chances of AVR closing and shareholders losing their money as a result of what has just happened? How finan...
rameshwar:
Yea.. I totally aggre to what had viji pitched in and spoke about the issue. We should also undertand and look at common man, who's day today expense going up above the sky. Their nothing can be done much about it but start to accept things as it is....
Yea.. I totally aggre to what had viji pitched in and spoke about the issue. We should also undertand and look at common man, who's day today expense going up above the sky. Their nothing can be done much about it but start to accept things as it is....
NILESH CHAWDA:
What is the genesis of the issue? WHY SO MANY PEOPLE ARE ARDENTLY INTERESTED IN PORN?...
What is the genesis of the issue? WHY SO MANY PEOPLE ARE ARDENTLY INTERESTED IN PORN?...
David Cay Johnston:
Interesting critique, but of course I wrote of a "legal right," which is not the same as your philosophical language. You ignore that it was a monopolist that proposed this legal right, later written into statutory law and regulations, which is a...
Interesting critique, but of course I wrote of a "legal right," which is not the same as your philosophical language. You ignore that it was a monopolist that proposed this legal right, later written into statutory law and regulations, which is a...
Jeffrey QSX:
Did you make a mistake when you wrote $470,000? That seems a bit extreme, maybe $47,000? Even then, why not go Energy Dispersive Xray Fluoresence (ED-XRF)? Quickshot XRF offers systems from $13k to $40k that will do what you described. Just wonde...
Did you make a mistake when you wrote $470,000? That seems a bit extreme, maybe $47,000? Even then, why not go Energy Dispersive Xray Fluoresence (ED-XRF)? Quickshot XRF offers systems from $13k to $40k that will do what you described. Just wonde...






