economy

Nothing Unites The United States Congress Like China (And Not In A Good Way): Treating China Like Canada (Maybe Even Worse)

Dr. Elliot J. Feldman
March 20, 2012 15:12

We begin today one story in three parts, “Nothing Unites The United States Congress Like China (And Not In A Good Way): Treating China Like Canada (Maybe Even Worse)” by Dr. Elliot J. Feldman. Part One, “Rewriting Subsidies Law To Fit Chinese Facts,” examines the first...

Skeel on "Corporatism"

March 15, 2012 18:59

I'm embroiled in other stuff today but I'm also just finishing up  The New Financial Deal, David Skeel's impressive exposition/critique of Dodd-Frank.    It's the handiest overall summary of Dodd-Frank I've seen and although Skeel makes it clear he is no fan of this particular...

China Econtracker: China Economic Data.

Dan Harris
March 14, 2012 05:36

Just discovered a really cool economics site over at the Wall Street Journal’s China Real Time Report. The site is called China Econtracker and it describes itself as “a vital resource for keeping track of developments in the world’s second largest economy.”  It is, and I...

Harrisburg PA Announces Default On General Obligation Bonds

March 12, 2012 15:08

Harrisburg, the capital of Pennsylvania, is set to default on general obligation bonds for the first time. The city of 49,500 is in receivership and the receiver is seeking approval to raise money by selling assets, raising taxes and fees and obtaining concessions from municipal labor unions. ...

CASE SCHILLER BRINGS BAD NEWS FOR HOMEOWNERS

Mark Ashton
March 05, 2012 17:28

The 2011 numbers are in an homes in America lost another 4% of their value last year. Add the rate of inflation for 2011 to that and the number comes to 7.16%. If you are settling your divorce premised upon a recovery of housing prices it would appear that despite a horrid second and third...