Krzysztof Bledowski, Ph.D. | 03/01/2013 | Comments (0)
There is a whiff of big dollars and big euros in the air of Washington and Brussels these days. And no, it’s not about the sequester or the Eurozone debts imploding. It’s about the European Union and the United States getting serious about signing on to a transatlantic free trade agreement (TAFTA). If fully implemented, TAFTA stands to inject hundreds of billions of euros and dollars into their respective economies per year. I attended a few...
Daniel J. Meckstroth, Ph.D. | 11/26/2012 | Comments (0)
The November 16 BLS release for Business Employment Dynamics sadly estimates that the number of manufacturing plants continues to decline. In the first quarter of 2012, 2.6 percent of manufacturing plants opened (8,000 plants) and 3.3 percent of manufacturing plants closed (10,000 plants).
Krzysztof Bledowski, Ph.D. | 05/25/2012 | Comments (0)
European leaders are waking up to a different type of “troika” emerging: the specter of Greece defaulting on its debt, disintegrating in a political vacuum, and ditching the euro. The recent EU summit yielded little concrete in policy measures. The markets could have taken solace from moves toward single insurance schemes for banks’ liabilities, from a push toward centralized revenue and spending authority, or from clear commitment toward...