185 Results for:

February 15, 2006

Economics
Mandel v. Setser. Round two. More on intangible exports and dark matter

I was rather busy last week, so I was not able to respond immediately to Michael Mandel's response to my response to his Business Week cover story - and now Micheal Mandel is shooting for slightly bi…

February 22, 2006

United States
Shrinking dark matter watch

Or maybe shifting dark matter watch. Via Barry Ritholtz comes news that increasing US investment (according to Mandel) in one key intangible asset - US brands - may be yielding diminishing returns.  …

March 1, 2006

United States
Rising trade deficit financed by fast-growing poor countries watch

Consumption up.   Up by almost 1% in a month.   Consumption continues to grow faster than income.    Household savings, consequently, are down.    Michael Mandel, are you sure you want to argue that …

March 2, 2006

United States
It is official: the current account deficit doesn’t stem from a boom in investment in intangible assets

OK, maybe not official.  But the Economist, drawing on the work of Carol Corrado, Dan Sichel and Charles Hulten, has the key chart.  Check it out. Investment - including investment in intangible asse…

March 9, 2006

United States
Mike Mandel, Ricardo Hausmann and Federico Sturzenegger better be right (January trade data)

I sure hope that the US is exporting a lot of "intangibles" that don't show up in the trade data, and generating lots more intangible dark matter to offset all the external debt that the US is taking…

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