Archive for the ‘Financial Markets’ Category

Financial Market Oversight, Economic Recoveries, and Full Employment: Some Crucial Linkages

July 29th, 2014

“The way to make a train go fast is to keep it from going slow.” That bit of Zen was told to me by one of the nation’s foremost rail experts back when I worked on that issue.  He was explaining that part of developing a high-speed rail system entails straightening out existing curves in… Read more

Dr. John, Ph.D. on the Spate of Current Economic Indicators: “Refried Confusion is Making Itself Clear”

July 2nd, 2014

I often cite the great New Orleans pianist/composer at moments like this, when the economic data are jumping around this way and that. Most analysts, myself included, agreed that first quarter GDP was a large outlier, but not to put too fine a point on it, that -2.9% was just a crap number (here’s my… Read more