Mark Thornton Archive
November 18, 2009 9:33 AM
by
Mark Thornton
The CPI rose three tenths of one percent in October and one of the big factors was the rise in used car prices. Used car prices increased 3.4% in October. This is no doubt due to the hundreds of thousands of cars taken off the market and destroyed by the cash for clunkers program. This is good news for those trading in used cars to buy a brand new one, but bad news for those struggling to get basic transportation to get to work.
Bookmark/Share
|
Comments (7)
November 10, 2009 8:58 AM
by
Mark Thornton
This time it is Reuters.
Bookmark/Share
|
Comments (27)
October 20, 2009 3:46 PM
by
Mark Thornton
move along please
Bank credit from commercial banks (GRAPH) is a good barometer of the economy. The graph below shows the year-over-year percentage change in commercial credit. A reading of 5% means that commercial credit expanded by 5% over last year at this time. The shaded areas represent official recessions and the graph shows clear and sharp declines as the economy enters a recession. Most recessions bottom with 2-7% increases (over the previous year). This is the first downturn where total commercial credit turned negative. Over the last year or so total commercial credit has declined about 5%. Presumably, the economy will not recover until this statistic bottoms, changes direction, and turns positive for an extended period of time. HT to Chad.
Bookmark/Share
|
Comments (12)
A Theory of Socialism and Capitalism
2009.10.15
| Comments (15)
Why Gold is Soaring
2009.10.06
| Comments (27)
Bye-bye Dubai?
2009.09.14
| Comments (26)
Housing Crisis
2009.08.28
| Comments (7)
Starting Salaries
2009.08.27
| Comments (4)
Bernanke's Apoplithorismosphobia
2009.08.19
| Comments (47)
Reaching out to the Mainstream
2009.07.15
| Comments (48)
Good Research Universities?
2009.06.20
| Comments (10)
Salerno comments on the Mainstream
2009.06.18
| Comments (47)
Krugman Did Cause the Housing Bubble
2009.06.17
| Comments (61)
The Trillion Dollar Withdrawal
2009.05.26
| Comments (12)
Austrian Recipe vs. Keynesian Fantasy
2009.05.21
| Comments (17)
The Tax Revolt is Here
2009.05.21
| Comments (8)
How Antitrust Ruined the Movies
2009.05.15
| Comments (18)
What Keeps Us Safe?
2009.05.08
| Comments (32)
What's Wrong With the U.S.?
2009.05.06
| Comments (48)
The Upside-down World of John Maynard Keynes
2009.04.23
| Comments (18)
Unhinged
2009.02.17
| Comments (8)
Supply Side Dogs
2009.02.05
| Comments (7)
The Case for Inflation
2008.12.23
| Comments (7)
Merry Christmas from Jim Grant
2008.12.10
| Comments (4)
Quotable on the blogs
2008.12.08
| Comments (0)
75th Anniversary of the Repeal of Prohibition
2008.12.04
| Comments (43)
Slash and Burn
2008.11.18
| Comments (10)
Monetary Freedom and Its Opposite
2008.11.12
| Comments (25)
TMS updated
2008.10.18
| Comments (7)
On the Housing Bubble and Aftermath
2008.10.16
| Comments (5)
Answers to Journalist's Questions
2008.10.09
| Comments (16)
Postscript to the Housing Bubble
2008.10.07
| Comments (2)
Austrian Bailout Package Revised
2008.10.02
| Comments (10)
Ownership Society
2008.09.30
| Comments (4)
An Austrian Bailout Plan
2008.09.29
| Comments (19)
The Housing Bubble in Four Easy Steps
2008.09.27
| Comments (7)
Correction vs. Bailout
2008.09.26
| Comments (8)
Museum exhibits during Supporters Summit
2008.09.22
| Comments (1)
Newman's Anti-Market Song
2008.09.22
| Comments (6)
A problem of regulation?
2008.09.21
| Comments (25)
apoplithorismosphobia in Canada
2008.09.11
| Comments (12)
How to Avoid Another Depression
2008.09.10
| Comments (9)
"The private part of the mortgage market just wasn't working"
2008.09.08
| Comments (8)
More Awful Truths About Republicans
2008.09.04
| Comments (12)
Real Estate News, 2005-2009
2008.07.08
| Comments (3)
foreclosure.com
2008.07.08
| Comments (3)
Austrian Consensus to Save the World
2008.06.14
| Comments (23)
The Fed's War on the Middle Class
2008.06.04
| Comments (26)
Back alley organ transplants
2008.05.21
| Comments (16)
What Caused the Irish Potato Famine?
2008.05.20
| Comments (18)
Natural Disasters, It Turns Out, Are Bad
2008.05.07
| Comments (113)
Recession
2008.04.30
| Comments (7)
Fun with Money Supply
2008.04.02
| Comments (4)
Crash in Corn Skewers
2008.03.26
| Comments (17)
The Big-Oil Administration Achieves its Goal
2008.03.11
| Comments (20)
Bennie and the Monetary Jets
2008.03.03
| Comments (45)
It's no wonder they discontinued this
2008.02.27
| Comments (8)
Bennie's Rule
2008.02.27
| Comments (8)
Holding up the stock market
2008.02.26
| Comments (5)
A New Golden Age?
2008.02.13
| Comments (32)
Review Mirror Economics For Sale
2008.02.13
| Comments (0)
A new year coming
2008.02.09
| Comments (8)
Gold Stocks
2007.09.19
| Comments (7)
Katrina and the Great Flood of 1927
2007.08.29
| Comments (9)
Who Was Bastiat?
2007.08.22
| Comments (0)
Good Question Marty
2007.08.15
| Comments (7)
The one question you must never ask an economist
2007.08.14
| Comments (11)
Mises in the Asian Times
2007.08.08
| Comments (2)
Austrians in Barron's
2007.08.08
| Comments (1)
Hans Sennholz's final call
2007.08.08
| Comments (0)
New Record Skyscraper (and depression?) in the making
2007.08.07
| Comments (5)
Graduate Degrees in Austrian Economics in Spain
2007.08.06
| Comments (6)
Skyscrapers and business cycles
2007.06.05
| Comments (1)
Gifts from a Canadian Think Tank?
2007.05.15
| Comments (5)
Illegal Immigrants and the Housing Bubble
2007.03.12
| Comments (25)
The Vietnam Solution for Drug Victory
2007.03.07
| Comments (94)
Japan and the US: The land bubble
2007.02.07
| Comments (2)
Just Because It's Copper...
2006.12.14
| Comments (13)
The Curse of the Skyscraper
2006.12.12
| Comments (5)
Financing the Empire
2006.11.09
| Comments (128)
Congress Forces Gambling Off Line. Why?
2006.10.26
| Comments (34)
The Economics of Prohibition
2006.09.15
| Comments (26)
Not so progressive!
2006.09.07
| Comments (3)
JHET on the Austrians
2006.08.23
| Comments (2)
Working Paper on Housing Bubbles
2006.06.12
| Comments (10)
economists -- 2.7% Libertarian
2006.05.17
| Comments (25)
Has the bubble popped?
2006.04.19
| Comments (2)
Cwik for the Masses
2006.02.14
| Comments (1)
Mainstream economics unmasked
2005.12.20
| Comments (22)
Crack House
2005.11.11
| Comments (2)
News Flash: A Creative Economist
2005.10.17
| Comments (6)
A Government Flood
2005.09.01
| Comments (20)
Jane Flaherty on our book
2005.07.27
| Comments (3)
The end of the classroom as we know it
2005.07.24
| Comments (8)
Listening to Liberty
2005.05.16
| Comments (0)
What is the Dark Side and Why Do Some People Choose It
2005.05.13
| Comments (32)
The 250th Anniversary of the Discovery of Economics
2005.05.10
| Comments (1)
Ancient Mayan Entrepreneurs
2005.04.06
| Comments (3)
Liberalism is the "New Communism"
2005.03.30
| Comments (15)
An Alum Speaks
2005.03.29
| Comments (2)
Cantillon Rides Again
2005.03.10
| Comments (0)
And they call us nostalgic!
2005.03.01
| Comments (13)
On Cuba
2005.02.16
| Comments (1)
Kirzner on Ebenstein
2005.01.25
| Comments (0)
Is Alabama Overtaxed?
2005.01.18
| Comments (1)
A Cloud No Bigger Than a Man's Hand
2004.12.23
| Comments (3)
At long last!
2004.11.30
| Comments (0)
The Vaccine Question
2004.11.12
| Comments (3)
Freedom.gov?
2004.11.04
| Comments (0)
So Much for the Sales Tax
2004.11.03
| Comments (2)
Government: Trafficking in Failure
2004.10.28
| Comments (11)
Being Fired is a Human Right
2004.10.27
| Comments (2)
Betting on the Prize
2004.10.07
| Comments (2)
Mainstream Wisdom on Monetary Policy and Asset Bubbles
2004.09.28
| Comments (15)
Defending Wal-Mart
2004.09.24
| Comments (14)
How to Kill the Living Wage
2004.09.24
| Comments (2)
Praxeology: Happy 100?
2004.09.23
| Comments (0)
Gunboat Diplomacy: Someone made a killing
2004.09.21
| Comments (0)
Housing: Too Good to be True
2004.06.04
| Comments (17)
Copenhagen Consensus
2004.06.03
| Comments (5)
More Air for the Bubble
2004.06.03
| Comments (4)
NASA comes up $565 Billion Short
2004.05.14
| Comments (0)
Stocks continue down
2004.05.10
| Comments (0)
The 'New Economists' and the Great Depression of the 1970s
2004.05.07
| Comments (1)
A Future in Academia
2004.04.24
| Comments (0)
Wal-Martville
2004.04.05
| Comments (18)
The Awful Truth about Republicans
2004.03.25
| Comments (2)
Delayed Producer Prices
2004.03.14
| Comments (3)
Production creates unemployment?
2004.03.13
| Comments (9)
Treasury recalls 30 year bonds
2004.01.28
| Comments (4)
Salamanca Live Blog