Solving the World’s Biggest Problems

Posted by Joseph Y. Calhoun, III

Ronald Bailey of Reason reports on the Copenhagen Consensus 2008 Conference. The Conference is run by Bjorn Lomborg who wrote The Skeptical Environmentalist. The Conference brings together 55 leading international economists to reach a consensus on how to address some of the world’s most difficult problems:
More than 55 international economists, including 5 Nobel Laureates, will [...]

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Initial Jobless Claims

Posted by Marcelo Perez

The number of people filing for first time unemployment benefits rose 4,000 in the week ending May 24th, to 372,000, according to the Labor Department. Economists were expecting 370,000 new claims for the week. Having witnessed extremely volatile measurements in the past few weeks, it is wise to consider the four-week moving average of initial [...]

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Durable Goods Orders

Posted by Marcelo Perez

Orders for durable goods declined 0.5% in April, much better than expected, as orders for electronics offset a sharp drop in transportation orders. Economists were expecting a decline of 2.8% for the month. It is the second straight monthly decline, but, because of the report, some economists were quickly questioning if the U.S. economy would [...]

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Energy Independence

Posted by Joseph Y. Calhoun, III

The Oregon Institute of Science and Medicine has released a petition signed by over 31,000 scientists (over 9000 Ph.D.s) that states:
We urge the United States government to reject the global warming agreement that was written in Kyoto, Japan in December, 1997, and any other similar proposals. The proposed limits on greenhouse gases would harm the [...]

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