Seeking Truth of Inequality through Gini’s Way

Who Let the Gini Out? Searching for Sources of Inequality by Davide Furceri and Prakash Loungani, Voxeu.org Income inequality has been growing in many economies over the past two decades, and it is currently historically high. This column adds two new contributors to the popular explanations of increased inequality. Fiscal consolidations, especially those following the …

EROEI: A Useful Measure or a Distraction?

Random Thoughts from the High Desert by Sig Silber EROEI = Usable Acquired Energy / Energy Expended It seems so simple. If the amount of energy produced relative to the amount of energy utilized in producing that energy tends to decline, at some point as the ratio approaches 1.0 (or perhaps even becomes a fraction …

Preliminary February 2014 Michigan Consumer Sentiment Unchanged

by Doug Short, Advisor Perspectives/dshort.com The University of Michigan Consumer Sentiment preliminary number for February came in at 81.2, unchanged from the January final. Today’s reading was slightly above the Investing.com forecast of 80.6. The index is off its 85.1 interim high set in July of last year.

Hedgehogs and Foxes

Age of Wisdom, Age of Foolishness (14) Written by Adam Whitehead, KeySignals.com The fox knows many things, but the hedgehog knows one big thing. (Archilocus: Greek mercenary and poet) Going into Davos, Policy Maker Speak and market price action conspired to create the global perspective that the global economic recovery was losing momentum. Observers had …