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Posted in Economics, Kenneth D. Gartrell, Finance, Political on Mar 3rd, 2008
By: Kenneth D. Gartrell
Does the Federal Reserve Board birddog for the Congress? Does it help create big problems for the esteemed members of Congress to solve in pursuit of their passion to garner name recognition and political capital? What are the unintended consequences of these actions and what are the implications for the future.
Since at […]
Posted in Economics, Business, Finance, Stock Market on Mar 2nd, 2008
From Yahoo! Finance:
By John Wilen, AP Business Writer
Oil Jumps to Record Above $103 As Weakening Dollar Attracts Fresh Capital to Market
NEW YORK (AP) — Crude prices extended their march into record high territory Thursday, shooting up more than $2 a barrel as a falling dollar and the prospect of lower interest rates attracted more investors […]
Posted in Economics, Accounting, Business, Finance, Stock Market on Mar 2nd, 2008
From Yahoo! Finance:
By Jeannine Aversa, AP Economics Writer
Bernanke Dismisses Worries About US Economy Returning to ’70s-Style ‘Stagflation’
WASHINGTON (AP) — Federal Reserve Chairman Ben Bernanke told Congress Thursday that the nation isn’t “anywhere near” the dangerous stagflation situation of the 1970s.
With the economy slowing and inflation rising, fears have grown that the country could be headed […]
Posted in Economics, Taxes, Accounting, Kenneth D. Gartrell, Business, Finance on Mar 2nd, 2008
By: Kenneth D. Gartrell
Never mind what the Fed says ….it is already here in relative terms – likely to arrive this summer in real terms.
Recent news reports raise the spectre of stagflation: an abstract economic concept that arose near the end of the last oil crisis in the mid-1970s. It is supposed […]
Posted in Economics, Securities, Accounting, Kenneth D. Gartrell, Business, Finance, Stock Market on Feb 17th, 2008
By: Kenneth D. Gartrell
The ongoing wave of white-collar crime prosecutions recently led by a spree of option-backdating cases raises some important economic questions about how to measure harm for sentencing purposes and some equally important questions about the relationship of overlapping civil and criminal proceedings.
There appears to be a search in the legal […]
Posted in Economics on Feb 11th, 2008
Cross-posted from Adam Smith, Esq.:
By: Bruce
From the Journal of Economic Education (hat tip to “Truth on the Market“) comes the first study I’m familiar with examining whether the choice of undergraduate major has any effect on a lawyer’s career earnings. And guess what? If you major in economics, it helps; majoring in anything […]
Posted in Economics, Legal, Expert Testimony, Kenneth D. Gartrell, Business, Finance, Education on Feb 10th, 2008
By: Kenneth D. Gartrell
Some people say the problem with America is that we have too many lawyers. It is an old idea, but not a very good one. A better way of thinking is to look at the constructive institutional development of the legal profession.
Recent trends indicate the entry of young […]
Posted in Economics, Kenneth D. Gartrell on Feb 10th, 2008
By: Kenneth D. Gartrell
The first law of economics should be that on the margin, little things mean a lot. The good news is that the Dismal Science is growing in popularity and people are more receptive than ever to such powerful intuitions. It is in popular books at the books stores near us. Business and […]
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