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“Blood and power intoxicate; they help to develop callousness and debauchery. The mind then becomes capable of the most abnormal cruelty, which it regards pleasure; the man and the citizen are swallowed up in the tyrant; and the return to human dignity, repentance, moral resurrection, becomes almost impossible."
Fyodor Dostoevsky, The House of the Dead

Showing posts with label BLS. Show all posts
Showing posts with label BLS. Show all posts
04 November 2011

The Disappointing Non Farm Payrolls Number: An Early Christmas 'Goose' Stuffed with Baloney

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The Birth-Death Model was out of normal to the high side enough to raise a comment. This is shown in the first slide. Lately the BLS stati...
02 July 2010

Note to Mish: The BLS Added About 145,897 Imaginary Jobs to the Non-Farm Payrolls Headline Number

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I like Mish Shedlock. He has intellectual integrity, and even when we occasionally disagree, as I recall over the inevitability of deflation...
27 May 2010

Guest Post: Slouching Toward Despotism

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Posted by Keith Hazelton , Anecdotal Economics Benjamin Franklin, when asked at the conclusion of the Constitutional Convention in 1787 what...
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