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.

Tuesday, December 16, 2008

Will China's Economic Slowdown Bring Political Unrest?

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Conventional wisdom has it that China's economy must grow at least 8% to absorb the new workers pouring into its cities. Geoff Dyer in ...
2 comments:
Sunday, December 14, 2008

Deconstructing Fed Speak

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Brian Sack of Washington-based Macroeconomic Advisors and a former senior Fed staffer discusses how the Fed explains itself:
Thursday, December 11, 2008

If China Sneezes, Will Wichita Catch a Cold?

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China is very much in the news and that news is worrisome for Wichita's economy. The conventional wisdom among world economy watchers ha...
11 comments:
Tuesday, December 09, 2008

The GSEs Knew They Were Taking On Higher Risks

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The Wall Street Journal 's James R. Hagerty tells us that the brass at Fannie Mae and Freddie Mac knew they were taking on risks. He w...
1 comment:

Central Banks Slash Rates

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Last week, Joellen Perry in the Wall Street Journa l announced: " Central Banks Deliver Sweeping Global Rate Cuts ." But Perry wa...
3 comments:
Sunday, December 07, 2008

A Brief History of Central Banks by Michael D. Bordo

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Michael D. Bordo, one of the world’s foremost economic historians, provided the Federal Reserve Bank of Cleveland " A Brief History of ...
4 comments:
Tuesday, December 02, 2008

Stock Rally?

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Is this the start of the rally that is a harbinger of an economic recovery? The Associated Press's Tim Paradis reported that the stock ...
6 comments:
Monday, December 01, 2008

The NBER Votes for December, 2007 as the Cyclical Peak

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It is now official. A recession began in 2007. The National Bureau of Economic Research's Dating Committee met by phone Friday and mad...
2 comments:
Wednesday, November 26, 2008

Are Stocks Cheap? Will They Get Cheaper?

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Martin Wolf in the Financial Times tells us, " Why fairly valued stock markets are an opportunity ." With the above graph, he lo...
9 comments:
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