Monthly Archives

July 2008

Who compiles the inflation index?

The LA Times got a front row seat with one of the Bureau of Labor Statistics staffers as she drove some of her 850 miles per month to record all of the prices that eventually make their way into the CPI. This is a nuts and bolts look into…

News Round-Up: 16 Jul 2008

Recession-Plagued Nation Demands New Bubble To Invest In - OnionFed Steps Back From Imaginary Tightening Ledge: Caroline Baum - BlombergFinancier's Death Hints at Trouble for Lenders - WSJGoldman Is Queried About Bear's Fall - WSJJim…

UK real wages falling

Last month, in a post called 'Chart of the day: real hourly earnings' I said that U.S. real wage rates were lower today than they were a generation ago on the eve of the first oil hock. hat's pretty poor. Today 'UK Bubble' highlights the…

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