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IMF Chief Under Investigation in French Fraud Case; Meet David Lipton (an Obama Clone), Lagarde's Possible Replacement

IMF chief Christine Lagarde Under Formal Investigation in French fraud case. IMF chief Christine Lagarde has been put under formal investigation by French magistrates for alleged negligence in a political fraud affair dating from 2008...Show More Summary

Walking wounded: The British economy in the aftermath of World War I

It is well-known that World War I was expensive for Britain.  The indirect economic costs were also huge.  This column argues that the adverse implications of the Great War for post-war unemployment and trade – together with the legacy...Show More Summary

How much should you save for retirement?

Struggling to figure out how much you need to put away for retirement? Here's where to start

Blog Roundup: Does Mario Draghi’s Speech at Jackson Hole Signal Policy Shifts?

ECB President Mario Draghi is recognizing that the recovery in the Euro area remains uniformly weak.

An Interesting Ad-Lib from ECB Head Mario Draghi's Jackson Hole Speech: Morning Comment

Joe Weisenthal notes Lorcan Roche Kelly of Agenda Research on an [extended ad-lib][1] in Mario Draghi's Jackson Hole speech. Ad lib emphasized; things in the text not mentioned struck through: [1]: More Summary

Draghi Brings Inflation Expectations Firmly Into Focus

European Central Bank President Mario Draghi made waves at this weekend's Jackson Hole conference, signaling a departure from the austerity-focus mindset that has dominated the euro zone's debt crisis the past five years. But his comments...Show More Summary

Why July Durable Goods Orders Could Be High-Flying

Thanks to a record number of plane bookings, new durable goods orders could soar in July.

Serving clients, not beating markets

Aug 27 (Reuters) – It may be that the future of wealth management lies not in beating the market but in helping the client beat her true opponent: herself. The traditional offering of the investment management industry – putting people into products which outperform – is under siege, hit by a trend of dwindling relative […]

25 Brightest Young Economists

Here is a list. By the way, six are at Harvard, more than any other school.

Report: Proposal Could Raise Mortgage Costs

Proposed requirements for an obscure, but widely used, corner of the mortgage market would protect Fannie Mae and Freddie Mac from another financial crisis but could end up raising mortgage costs for thousands of borrowers, according to a report by Moody's Analytics released Tuesday.

Texas brewer invents 99-pack of beer

Just in time for the long holiday weekend, Austin Beerworks has unveiled a monster-sized case of beer

Average 30 Year Fixed Mortgage Rates decline to 4.11%, No "Refi Boom" in Sight

I use the weekly Freddie Mac Primary Mortgage Market Survey® (PMMS®) to track mortgage rates. The PMMS series started in 1971, so there is a fairly long historical series.For daily rates, the Mortgage News Daily has a series that tracks the PMMS very well, and is usually updated daily around 4 PM ET. Show More Summary

How California's kill-switch law could go awry

Starting next year, all smartphones sold in the state must have this technology but not everyone thinks that's a good thing

10 tips for when your co-worker is on vacation

Now the tables are turned, and you're stuck at work while she's having fun. You'll cope much better if you remember this advice

US 10-Year Treasury Cheapest in G7, Yield Spread Near Record High

Saxo Bank chief economist Steen Jakobsen point out US 10-Year treasury is the cheapest in G7 with the spread near a record high.Spread of US 10-Year Note Yield vs. G7 Average Yield click on chart for sharper image Via email Steen says... Show More Summary

Consumers Have Confidence But Not Lots of Cash

For consumers, good cheer hasn't translated to stronger spending. As has been the case throughout most of this recovery, the spirit is willing but the wallet is weak.

A Tale of Two Metros: Detroit and Minneapolis

Diversity is turning out to be a key ingredient of a healthy and durable regional economy.

And I hear there will be a crab feast afterwards

Just a little something to make Tim jealous, from the ASSA program (searching on Q5):

Freedom of Association: What Noam Scheiber Misses

(August 27, 2014 03:32 PM, by David Henderson) In an otherwise excellent reporting piece in the New Republic, Senior Editor Noam Scheiber gives his view about why the governor's race in Wisconsin is so important. To recap, Governor Scott Walker is running for reelection and he's the one... (0 COMMENTS)

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