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Posts tagged as “economics”

Sioux Falls Anti-Walmart Petition about Zoning, not Jobs

Opponents of the proposed 85th Street Walmart on the south edge of Sioux Falls have announced a petition drive to refer the city's necessary rezoning decision to a public vote. The Save Our Neighborhood folks take little interest in the…

Finance Prof Finds Six Conservative Economic Arguments Mostly Wrong

If you're feeling economical this fine summer morning, read finance professor Noah Smith's evaluation of six major conservative arguments about the 2007–2009 recession and the recovery. Smith finds all six mostly wrong: Fannie, Freddie, and the Community Reinvestment Act caused…

90% Debt-to-GDP Danger Exaggerated by Spreadsheet Error

Senator John Thune has contended that our national debt puts us at risk of an economic train wreck. He has cited the 90% debt-to-GDP ratio as a "tipping point" for... well... some kind of trouble. (Our current national debt-to-GDP ratio…

Rational Economics Kill Chester Hardware

A sad postscript to our Monday discussion of rural population drain and economic development: Gale Pifer reports that Chester Hardware has closed. Owner Denny Benson, grandson of Chester Hardware founder Emil Benson, says he loved the work and the interaction…

Oil Notes: No Current Supply Crisis, But Oil Still Finite

Mike McDowell can't write his way out of a paper bag, but I appreciate his sharing this graph (though not the link thereto—bad blogger!) from BusinessWeek that shows why we don't need to drill, baby, drill... or that maybe we…