Archive for June, 2011
Economic Freedom Leads to Greater Economic Prosperity
Economic Freedom leads to greater economic prosperity . . . enjoy!
Quantitative Easing in Reverse . . .
photo credit: chez_sugi Here is one example where “printing money” isn’t helping the economy. From NPR, hat tip to Greg Mankiw. On today’s Planet Money, we visit an underground vault that’s full of money nobody wants. The money — bags and bags of dollar coins — is the result of a 2005 law that requires [...]
The State of America’s Private Sector XXII: May, 2011
Today the U.S. Department of Commerce’s Bureau of Economic Analysis released their monthly personal income data for April 2011 (pdf). The chart below shows the private sector share of personal income from January 1959 to May 2011. The private sector share of personal income was virtually unchanged in May to 70.56 percent from 70.55 percent [...]
Strategic Petroleum Reserve and Politics
photo credit: aldenjewell This comes to us via my friend J Dwight of Dwight Investment Counsel: The dramatic and surprise coordinated announcement of the release of some 60 million barrels of oil from reserves in the US and Europe dropped oil prices some $4 yesterday to around $91 per barrel. This decision was the most [...]
The State of America’s Private Sector XXI: First Quarter 2011
Today the U.S. Department of Commerce’s Bureau of Economic Analysis released new personal income data for the first quarter of 2011 by state (pdf) and revisions for the past couple of years. As shown in Chart 1, The U.S. private sector share of personal income for the first quarter of 2011 was at 69.3 percent. [...]
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