Monthly Archives: December 2010

Over-selling soap

The news item dominated the New York Time's "Most Popular" list for weeks: For your dishwasher's sake – go easy on the detergent. According to the authoritative appliance repairman cited by the Times, “Most people use 10 to 15 times the amount of soap they need, and they’re pouring money down the drain." Wait a […]

The 2010Q3 GDP report: Investing in a silver lining

The third quarter GDP growth rate – 1.3% 1.0% at annual rates – is disappointing even though it wasn't entirely unexpected. But there was one important and encouraging piece of news hidden in the lackluster GDP numbers: fixed business investment has finally started to play a role in the recovery.