Mammon Among Friends

In Mammon Among Friends, Malcolm C. Harris, Sr. provides commentary and news about the national economy, the Wichita economy, the world of finance, and utility & postal economics. Experiences such as a utility commission staff manager, forecasting postal volumes and revenues, consulting on utility regulation, and teaching corporate finance have shaped his analysis.

Saturday, March 29, 2008

Why Money?

Charles W. Baird looks at Menger and Alchian's explanations of the origin of money. There is not only the cost of exchange partners, b...

The Perils of Base Money

Leland Yeager warned that the real danger of modern monetary policy is that money is not tied to any physical anchor. Read his article in t...

Wednesday, March 26, 2008

Inflation

John Lonski, Moody's Chief Economist, interprets the inflation data:

Tuesday, March 25, 2008

Is the Wealth Effect Oversold?

One reason economists are worried about falling housing prices is the wealth effect: that changes in the value of what households own affect...

Columbia's Economic Transformation

Do corporate tax rates matter?

Friday, March 21, 2008

The Leading IndicatorsAre Down

On Thursday, the Conference Board announced its index of Leading indicators fell three tens of a percent from January to February. It has f...

How Deep Will the Recession Be?

What The Fed Did Last Tuesday

Bill Gross, who manages more money in bonds than anyone else in the world, looks at the Federal Open Market Committee's decision last Tu...

What The Fed Did Last Tuesday

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Dr. Malcolm C. Harris, Sr.
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