Today, we are pleased to present a guest contribution written by Joshua Aizenman (University of Southern California) and Jamel Saadaoui (Université Paris…
Following up on the examination of what the term spread predicts, here’s the slope coefficients for the term spread, in…
PPI and core PPI y/y slightly above consensus: Figure 1: Instantaneous inflation (T=12, a=4) for CPI (bold blue), PCE deflator…
Excellent post by Vitalik on prediction markets and the broader category of what he calls info finance: Now, we get…
Thet’s Jeffrey Tucker in the Epoch Times via ZeroHedge. It’s a reasonable supposition that a recession will become obvious to…
Happy Birthday Spinoza! The post Spinoza is ten years old today appeared first on Marginal REVOLUTION. Source link
Employment for October and monthly GDP for September, in the set of variables followed by the NBER’s BCDC: Figure 1:…
EJ Antoni and Peter St. Onge argue we have been deceived by incorrect deflators. Rebuttal, showing the irreproducibility of their…
From Heritage: Every dollar the government spends must first be taken from the private sector. Whether the government pays for…