by Jason Apollo Voss | 03 01 2011 | Blog
A recurring theme of the blog has been what qualifies as real economic growth (see for example: 8 October, 2008, 17 January, 2009 and why has the united states had so much innovation?). I have long argued that real innovation is getting more from the same set of...
by Jason Apollo Voss | 31 12 2010 | Blog
It seems appropriate to close out my second year as a blog writer with a topic near and dear to my heart: ethics in business… Prior to its annual meeting, the American Economic Association, has leaked to the New York Times that it intends to discuss a...
by Jason Apollo Voss | 31 12 2010 | Blog
You may recall that I have been critical of the Federal Reserve’s plan to introduce money into the economy through both a lowering of interest rates and “quantitative easing.” My point was that even with benchmark government interest rates at nearly...
by Jason Apollo Voss | 30 12 2010 | Blog
The Department of Labor reported this morning that initial claims for unemployment fell by 34,000 last week to 388,000. The decline was so large that the total initial jobless claims figure is at its lowest level since July 2008 – a moment right before the...
by Jason Apollo Voss | 28 12 2010 | Blog
This morning it was announced that the city of Beijing in China is raising its minimum wage by 21% (!). Ostensibly the reason is because of inflationary pressures. That is, prices are so high that people cannot afford to buy the essential staples of their life. ...