Speaking the truth in order to lie

You may know that there is an annual political, economic and business confab of elites that takes place each year in Davos, Switzerland.  The World Economic Forum is a place for powerful people to coordinate actions on a global scale.  And to shape public perception...

Anecdotal Ways of Tracking the Economy

Evidence of the health of an economy abounds in both good times and bad.  The evidence is often laying in plain sight just waiting for someone to notice it, and much more importantly, to understand it.  Let me share with you two of my favorite ways of telling whether...

Policy Confusion in China

My favorite source for geopolitical news and analysis, Stratfor, carried a story yesterday about the mixed signals coming from economic policy makers in China.   Specifically, there seems to be an internal debate as to how to cool down the Chinese economy without...

Fourth Quarter 2010 U.S. GDP

The U.S. Commerce Department reported this morning that gross domestic product (GDP) expanded 3.2% in the fourth quarter of 2010.  This result compares to an expected figure of 3.5% growth by a consensus of economists.   Analysis: I consider this result to be...