The Bowtie Economist's Daily Dose of 70-Word Wisdom


Motor Money

01/31/2012

One reason car sales hit an annualized rate of 13.5 million units in December, the best showing in years, is lenders are chasing borrowers who are behind on their mortgages! From Q1 throughQ3 ’11 205K loans were made to buyers…

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Regime Change

01/30/2012

Starting today, my emails posts are being sent using new technology. To that end, above this email is a “button” that allows you to opt out of receiving my posts. I hope you elect not to click it! For those…

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Gender Chores

01/27/2012

The Friday File: According to a recent Bureau of Labor Statistics study, married full-time working childless women work 8 minutes more a day than their full-time working spouses if you include both office and housework. For similar couples with children…

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Quantitative Uneasy

01/26/2012

While Bernanke undoubtedly wanted to do more in the way of monetary stimulus than he did, yesterday’s Fed’s decision to explicitly commit to keeping rates low through late ’14, was the best he could do in place of another round…

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Sluggish Economy

01/25/2012

The IMF sees global growth in ’12 slowing to 3.25% from 4% in ’11. It’s because the 17 nation Euro-zone will contract by 0.5% and China’s growth will slow from 9% to 8.2%. Growth here is expected to be 2%;…

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Unintended Consequences

01/24/2012

Since the first of the year, planes landing in or departing from Europe must pay a carbon tax based on the length of the flight, even if the flight does not originate or terminate in Europe. To reduce the tax,…

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Have a Heart

01/23/2012

Many individuals needing organ transplants die waiting for a donor. Therefore, nlarging the pool of donors would save lives. But, paying people to donate organs is distasteful as it encourages the poor to sell organs for money. The solution, grant…

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Quarterbacks Make Winners

01/20/2012

The Friday File: With the Packers losing last Sunday, they are the 8th straight team with the best regular season record not to win the Super Bowl. Moreover, wildcard teams have won 3 of the last 6 Super Bowls. Why?…

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Chilling at Google

01/19/2012

Server farms need lots of energy to cool servers. In ’10 cooling server farms consumed 1.5% of global electricity, and may jump to as much as 5% by ’17 as internet traffic continues to explode. With this in mind, Google…

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Wrong at the Reserve

01/18/2012

If you didn’t predict the housing bust, don’t feel bad, the Fed totally blew it too. Reading just released minutes from the ’06 meetings, is hysterically funny were it not so tragically sad. Bernanke was confident of a soft landing…

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