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06/08/2010
Paul Krugman on the housing bubble
Are politicians responsible?
Paul's answer.
http://bit.ly/9tUc57
Jun 8, 2010 3:45:54 PM
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Don't blame the CRA
Steven Horwitz says the Community Reinvestment Act isn't responsible for the financial crisis. http://bit.ly/biUyFR
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Initial jobless claims stuck so far this year
Initial jobless claims numbers seem to be stuck this year, but they're still much better than a year ago. This graph shows the year-over-year percentage change over the past five years (lower is better). Today's payroll numbers are expected to show lots of new jobs were created in May. The payroll data probably will have been released by the time you read this (assuming you read this blog at work). Update: It turns out that the numbers were not nearly as good as expected: A flood of temporary Census workers in May led to the biggest jump in jobs in...
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