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David Smith's EconomicsUK - all the economics you'll ever need...
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posted to David Smith's EconomicsUK.com on Sun 6th Oct 13
My regular column is available to subscribers on www.thesundaytimes.co.uk This is an excerpt. What is said in the conference hall, rightly, normally stays in the conference hall. The things politicians say to please the party faithful often do not...
posted to David Smith's EconomicsUK.com on Sat 5th Oct 13
In its most recent e-mail poll, finalised on 1st October, the Institute of Economic Affairs (IEA) Shadow Monetary Policy Committee (SMPC) decided by five votes to four that Bank Rate should be left unchanged on Thursday10th October. Among the dissidents,...
posted to David Smith's EconomicsUK.com on Thu 3rd Oct 13
All three purchasing managers' surveys followed a similar pattern in September: down slightly on August's very high levels but still very strong. The latest, for services, had an index reading of 60.3, and completed the strongest quarter since Q2 1997....
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posted to David Smith's EconomicsUK.com on Sat 15th Jun 13
A few years ago, I was regularly ambushed by peak oil enthusiasts, who inisted that global oil production was either at or beyond its peak. That peak, it was said, either occurred in 2005 or in 2008-9. My response was...
posted to David Smith's EconomicsUK.com on Sun 5th Aug 12
My regular column is available to subscribers on www.thesundaytimes.co.uk This is an excerpt. Think today about two countries, both in Europe but not in the euro. They should, in theory, be facing very similar circumstances. But one country, having...
posted to David Smith's EconomicsUK.com on Tue 15th May 12
The argument that very low gilt yields mean the government should be borrowing a lot more to fund capital or other spending has been around for a while, though nobody knows how much more borrowing it would take to trigger...
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posted to The Oil Drum - Discussions about Energy and Our Future on Sat 15th Jun 13
The Shrinking Road, Part 1: Have We Hit 'Peak Cars'?BOULDER, Colo. -- Remember the concept of "peak oil"--that the world will soon achieve the maximum rate of petroleum extraction possible, if it hasn't already? Now the question may be have we reached an era
posted to Marginal Revolution on Sun 12th Aug 12
1. The culture that is Japan there is no great stagnation.2. Tyler Cowen’s unusual final exam.3. Is labor productivity lower than we think?4. Why has Sweden had a good recovery?5. Facts and fictions of D.C.’s gentrification.
posted to mainly macro on Mon 21st May 12
Recently David Smith of the Sunday Times and Jonathan Portes of the National Institutehad a blog-spat about what a debt financed public investment programme would actually cost. Jonathan suggestedthat