Consumption is back - and GDP has no bigger component. Government spending, exports, and investment are all small by comparison to consumpt...

The high temps for Saturdays this year in San Diego, from January 5 to yesterday. Average 69 Median 70 Max 84 Min 54 ...

It is funny how the most obvious things have turned into arguments. It seems as though there are no claims to be made in economics, for inst...

Ron Johnson was briefly head of JC Penney. Hired in November 2011, he was fired in April of 2013. Less than a year and a half.  Now regula...

Early stage entrepreneurship levels are at their highest levels since at least 1999. Professors from Babson and Baruch Colleges have jus...

If I remember correctly, when Richard Dawkins coined the term "meme" he was not thinking about Facebook. Dawkins was trying to fin...

People have been fired. Mike Huckabee predicts that Obama won't complete his second term. At a minimum, Bloomberg Businessweek predicts,...

Daniel Kahneman begins his book Thinking Fast and Slow with a picture and an equation. In an instant, 90% of people know that this girl ...

The random walk hypothesis is simple. Today's stock prices predict what we know today. Tomorrow we will discover new information and tha...

US judge receives 28-year jail term for his role in kids-for-cash kickbacks Mark Ciavarella Jnr ordered to pay $1.2m in restitut...

After the Mona Lisa was stolen in 1911, the lines to see the space where it had once hung were longer than the lines had previously been...

Before you leap to the conclusion that this blog has been abandoned, I would like to point out that I've been busy. In the last five wee...

Reported in the Atlantic's new Quartz , it is not just stocks and homes that Americans are again buying. US auto sales in March hit ...

Value-investing was developed during the Great Depression. Since then, the percentage of households holding stocks has at least tripled, rad...

The zombie apocalypse began so subtly, so seductively even. Of course now, in retrospect, it seems so obvious.

Ohio Republican Senator Rob Portman changed his mind about gay marriage once his son came to him to announce that he was gay and had been as...

From the WSJ article " The New Power of Memory " by Shirley S. Wang, "Memory allows for a kind of mental time travel, a w...

Shark Tank is reality TV / drama / comedy / technology / business advice show mash up. Each week various entrepreneurs make a proposal to i...

Pundits like to pundificate about the odd disconnect between Main Street and Wall Street. They're aghast that the stock market could ris...

I could understand a standoff in Congress over, say, war or abortion. You can't sort of be at war or sort of legalize abortion. Those ...