So, firstly copy the above and paste in your comment and make sure it's not a browser/OS/user permission set issue.
Next. It won't work when there are syntax errors. So to check to make sure the actual script is working try using an mimeTeX syntax known to be correct.
I don't recognize your exact equation (because my knowledge of LaTex is "hunt n peck", and yes I should know it better but ....I don't, so now I have an additional reason to figure it out in order to try to discuss some of these Academic economics papers I scan quite a bit...but I digress...
Then on the next one, I really am unsure what it is, but I caught one syntax error with the integral indices, note you flipped the _ with the ^ in yours.
[tex]\int_{\infty}^{-\infty}[/tex]
ah, wait a second, no space (?) after integral?
So corrected:
[tex]\int_{\infty}^{-\infty}\frac{\Gamma d \omega}
{(\omega + i \Gamma)(\omega - i \Gamma)}[/tex]
This is painful, believe me if I do this, it better be a damn good equation to put on a blog. ;)
I decided to add it because there have been times I wanted to add equations and run a graph on data/equation but it seems we do have some math heads and people who might actually use this stuff...saw enough requests decided it was worth it. But assuredly "an exercise for the advanced EP user!" I hope you use it.
Lack of oxygen -- I'm guessing a lot EPers are politically active and in Washington health care is sucking up all of the oxygen. Let's hope we're not all flat knackered when that's done, because this is even more difficult. Health care at least has a "known good" solution (that also happens to be off the table). And after this there are the even bigger problems of climate and energy.
Stovepiping. It's easy to get channeled. Recently Goldman Sachs has been catching a lot of ire (deservedly so). But as huge as they are they're a not that big a part of the problem. The Fed has been catching even more flak; they're a bigger part, but nowhere near the whole of it. Other big parts -- such as too flat a tax rate or too great a dependence on the stock market -- get hardly any discussion. There's a lot of anger, a lot of wallowing in righteous indignation, not so much seeing straight.
Someone else's fault: the big bad bankers, the bondholders, Goldman and Merrill and AIG; gov't regulation, ACORN, irresponsible poor people; China, India, illegal Mexicans. But the flaws are structural and will require the kind of change that comes once in a generation or two, and we find it really really hard not just to change but to acknowledge the necessity.
that's not 90%. I'm not sure what you're getting at.
But real estate was 3.5% GDP growth before the crash and manufacturing is just being sliced and diced, moved offshore so it might be lower than that. At the height, it was about 30% GDP, so for me the issue is to revamp U.S. manufacturing for it not only is a growth area, but it also scales well, creates middle class jobs and is important for national strategy, plus spawns a lot of R&D and innovation.
What's the original thing? Oh, yeah, where will the growth come from if not manufacturing? I mean are we going to re-inflate the housing bubble or create more "financial products innovation"?
I'll have to look more at this because I believe manufacturing can also spawn services around it.
The seven industries reporting growth in July based on the NMI composite index — listed in order — are: Real Estate, Rental & Leasing; Arts, Entertainment & Recreation; Agriculture, Forestry, Fishing & Hunting; Mining; Information; Health Care & Social Assistance; and Retail Trade. The 10 industries reporting contraction in July — listed in order — are: Other Services; Management of Companies & Support Services; Public Administration; Finance & Insurance; Wholesale Trade; Professional, Scientific & Technical Services; Transportation & Warehousing; Construction; Educational Services; and Accommodation & Food Services.
According to CIA - The World Factbook (I know it is the CIA) - GDP Composition by Sector:
Agriculture: 1.2%
Industry: 19.6%
Service 79.2% (est. 2008)
EP, because we allow anyone to write posts, periodically a crazy or conspiracy theorist will spam the site.
If you see this please use the down arrows. Enough votes will unpublish such stuff very quickly and thus remove it from the site. The same is true with troll ratings on comments. Enough troll ratings and the comment will disappear from view.
You can also email me and alert me to what's going on.
Also, don't forget to uprate posts you want to see on the front page.
If the service sector is such a huge segment of the economy then does any slight improvement in the manufacturing sector really matter? Does the inventory cycle really matter to any "recovery"?
If this is a "sucker's rally", then who is being suckered?
Having gone through a forced liquidation of my stock market positions consequent to a divorce in 2004-2005 (Yes, it took that long. No, it was not initiated by me.) I have not been in the market in years. I suspect that many others were forced out by the crash and that the market is controlled by the institutions and market makers.
In that scenario, making money from betting on stock values becomes problematic without fresh, naive blood. The traditional approach of making money from dividends is not only long-despised by current market participants, but not an option given the weak economy and the continuing business credit crisis. So those who are controlling the stock market need to sucker in new investors ("suckers") by driving up prices to produce a rally.
Now, there is a grave danger that policymakers only focus on financial market reform and ignore reform of America’s flawed economic paradigm. In that event, though the economy may stabilize, it will likely be unable to escape the pull of economic stagnation. That is because stagnation is the logical next stage of the existing paradigm.
From Palley's paper.
I'm thinking if EPers aren't realizing just how many posts and papers and so on I've spent hours typing up pushing for major trade, labor, immigration, offshore outsourcing, corporate governance, taxes and so on policy shifts....
maybe I'm doing something wrong here and we're not getting the spotlight on these major policy recommendations to promote them. I'm wondering what else to do (beyond try to go to some townhall, lobby the Congress critter and get nowhere) to highlight these needed changes.
What makes you guys think I'm not promoting those types of analysis? Are people not reading my actual posts, remembering every link, every summary, every policy push, every silly opinion?
If credit markets (esp.commercial paper) are hungry, why is it so hard to get a decent return on money market funds? At this point, somebody will say "The Fed." But what does the Fed want us to do -- buy AIG shares? Oh, if Ben would only tell us!
I think one topic I pound on, continually, is how global labor arbitrage is not only destroying the U.S. middle class but will eventually destroy the U.S. economy on a macro economic level.
Working hard to make that statement go from a general comment to actual proof from the statistics as well as economic theory itself.
I misread your original comment, sorry not enough caffeine yet.
Exactly. Another thing we can look at is the weighting of these EIs, their historical significance, as well as the increasing anomalies from past cyclical indicators.
It's a new day and age, although I will argue to get really good reporting, frankly people need to earn a decent living, they need to be paid to do it right....
but on the other hand, all of the raw data is increasingly available online, so there is no reason why people cannot self-educate and go to the raw materials.
With the dramatically falling federal tax revenues - for the obvious reasons - and indicators that over the past ten years the majority of what little actual job creation took place was in the public sector - and with the contraction of service sector - again for the obvious reasons - and what actual private sector job creation takes place overseas (and that's not counting current jobs offshoring) - the consequences can only be dire!
Evidently none of the present crop of pseudo-economists (sorry, Mr. Oak) aren't familiar with Jean-Baptiste Say, or Henry Ford's wife's and accountant's philosophy on economics. (It's a loop - not a one-way pipeline.)
leaves out the important details like PCE increase was due to increase in prices or existing home sales where helped because of $8000 first time home buyer credit that is due to expire soon.
This is my generic check it works for admin in comments
So, firstly copy the above and paste in your comment and make sure it's not a browser/OS/user permission set issue.
Next. It won't work when there are syntax errors. So to check to make sure the actual script is working try using an mimeTeX syntax known to be correct.
I don't recognize your exact equation (because my knowledge of LaTex is "hunt n peck", and yes I should know it better but ....I don't, so now I have an additional reason to figure it out in order to try to discuss some of these Academic economics papers I scan quite a bit...but I digress...
I think it's this:
which produces this:
Then on the next one, I really am unsure what it is, but I caught one syntax error with the integral indices, note you flipped the _ with the ^ in yours.
ah, wait a second, no space (?) after integral?
So corrected:
This is painful, believe me if I do this, it better be a damn good equation to put on a blog. ;)
I decided to add it because there have been times I wanted to add equations and run a graph on data/equation but it seems we do have some math heads and people who might actually use this stuff...saw enough requests decided it was worth it. But assuredly "an exercise for the advanced EP user!" I hope you use it.
Lack of oxygen -- I'm guessing a lot EPers are politically active and in Washington health care is sucking up all of the oxygen. Let's hope we're not all flat knackered when that's done, because this is even more difficult. Health care at least has a "known good" solution (that also happens to be off the table). And after this there are the even bigger problems of climate and energy.
Stovepiping. It's easy to get channeled. Recently Goldman Sachs has been catching a lot of ire (deservedly so). But as huge as they are they're a not that big a part of the problem. The Fed has been catching even more flak; they're a bigger part, but nowhere near the whole of it. Other big parts -- such as too flat a tax rate or too great a dependence on the stock market -- get hardly any discussion. There's a lot of anger, a lot of wallowing in righteous indignation, not so much seeing straight.
Someone else's fault: the big bad bankers, the bondholders, Goldman and Merrill and AIG; gov't regulation, ACORN, irresponsible poor people; China, India, illegal Mexicans. But the flaws are structural and will require the kind of change that comes once in a generation or two, and we find it really really hard not just to change but to acknowledge the necessity.
geek but I gotta check this out!
Let's try some Greek letters
[tex]\rho = \Sigma^{N}_{i=1} |i \rangle \langle i|[\tex]
or maybe something more format challenging
[tex]\int^{\infty}_{-\infty} \frac{\Gamma d \omega}{(\omega + i \Gamma)(\omega - i \Gamma)}[\tex]
Didn't work :(
that's not 90%. I'm not sure what you're getting at.
But real estate was 3.5% GDP growth before the crash and manufacturing is just being sliced and diced, moved offshore so it might be lower than that. At the height, it was about 30% GDP, so for me the issue is to revamp U.S. manufacturing for it not only is a growth area, but it also scales well, creates middle class jobs and is important for national strategy, plus spawns a lot of R&D and innovation.
What's the original thing? Oh, yeah, where will the growth come from if not manufacturing? I mean are we going to re-inflate the housing bubble or create more "financial products innovation"?
I'll have to look more at this because I believe manufacturing can also spawn services around it.
According to CIA - The World Factbook (I know it is the CIA) - GDP Composition by Sector:
Agriculture: 1.2%
Industry: 19.6%
Service 79.2% (est. 2008)
RebelCapitalist.com - Financial Information for the Rest of Us.
Last ratio I saw was a 55/45 split.
EP, because we allow anyone to write posts, periodically a crazy or conspiracy theorist will spam the site.
If you see this please use the down arrows. Enough votes will unpublish such stuff very quickly and thus remove it from the site. The same is true with troll ratings on comments. Enough troll ratings and the comment will disappear from view.
You can also email me and alert me to what's going on.
Also, don't forget to uprate posts you want to see on the front page.
If the service sector is such a huge segment of the economy then does any slight improvement in the manufacturing sector really matter? Does the inventory cycle really matter to any "recovery"?
RebelCapitalist.com - Financial Information for the Rest of Us.
Eventually people will hear. Besides, I believe that "the meek shall inherit the earth." I want to be on the side of the meek when they do.
RebelCapitalist.com - Financial Information for the Rest of Us.
If this is a "sucker's rally", then who is being suckered?
Having gone through a forced liquidation of my stock market positions consequent to a divorce in 2004-2005 (Yes, it took that long. No, it was not initiated by me.) I have not been in the market in years. I suspect that many others were forced out by the crash and that the market is controlled by the institutions and market makers.
In that scenario, making money from betting on stock values becomes problematic without fresh, naive blood. The traditional approach of making money from dividends is not only long-despised by current market participants, but not an option given the weak economy and the continuing business credit crisis. So those who are controlling the stock market need to sucker in new investors ("suckers") by driving up prices to produce a rally.
GS have received inquiries from various governmental agencies and self-regulatory organizations regarding credit-derivative instruments.
How long have we been writing about this? Since the site started, which on an active scale is about a year.
This is hilarious, a graphic rating Obama's economic successes/failures looks like a scatter plot.
From Palley's paper.
I'm thinking if EPers aren't realizing just how many posts and papers and so on I've spent hours typing up pushing for major trade, labor, immigration, offshore outsourcing, corporate governance, taxes and so on policy shifts....
maybe I'm doing something wrong here and we're not getting the spotlight on these major policy recommendations to promote them. I'm wondering what else to do (beyond try to go to some townhall, lobby the Congress critter and get nowhere) to highlight these needed changes.
you realize I Put up Palley in a FNV along with this report right?
What makes you guys think I'm not promoting those types of analysis? Are people not reading my actual posts, remembering every link, every summary, every policy push, every silly opinion?
;)
Look no further than Dr. Thomas Palley's report:
America’s Exhausted Paradigm: Macroeconomic Causes of the Financial Crisis and Great Recession. I have read the report several times now and Dr. Palley makes a very compelling case for the destruction of the middle class or at least the dismantling of the mechanisms that allowed for the growth of the middle class.
RebelCapitalist.com - Financial Information for the Rest of Us.
If credit markets (esp.commercial paper) are hungry, why is it so hard to get a decent return on money market funds? At this point, somebody will say "The Fed." But what does the Fed want us to do -- buy AIG shares? Oh, if Ben would only tell us!
I think one topic I pound on, continually, is how global labor arbitrage is not only destroying the U.S. middle class but will eventually destroy the U.S. economy on a macro economic level.
Working hard to make that statement go from a general comment to actual proof from the statistics as well as economic theory itself.
I misread your original comment, sorry not enough caffeine yet.
Exactly. Another thing we can look at is the weighting of these EIs, their historical significance, as well as the increasing anomalies from past cyclical indicators.
It's a new day and age, although I will argue to get really good reporting, frankly people need to earn a decent living, they need to be paid to do it right....
but on the other hand, all of the raw data is increasingly available online, so there is no reason why people cannot self-educate and go to the raw materials.
Excellent article mention.
With the dramatically falling federal tax revenues - for the obvious reasons - and indicators that over the past ten years the majority of what little actual job creation took place was in the public sector - and with the contraction of service sector - again for the obvious reasons - and what actual private sector job creation takes place overseas (and that's not counting current jobs offshoring) - the consequences can only be dire!
Evidently none of the present crop of pseudo-economists (sorry, Mr. Oak) aren't familiar with Jean-Baptiste Say, or Henry Ford's wife's and accountant's philosophy on economics. (It's a loop - not a one-way pipeline.)
leaves out the important details like PCE increase was due to increase in prices or existing home sales where helped because of $8000 first time home buyer credit that is due to expire soon.
RebelCapitalist.com - Financial Information for the Rest of Us.
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