Thinking globally: the US$ isn't the only currency!

The recent depreciation of China's exchange rate with the US$, to which it is pegged, garnered headlines. Until now those watching China...

Automotive History II: Deciding on Layout

An article in the Economist on "tuk-tuks" - three-wheel vehicles common in a number of countries. In the rural Philippines car ow...

The Consumer Financial Protection Bureau (CFPB) threatens Small Business

Ruggles/Banks 14 Feb 2014 AFSA 2014 Working Paper The CFPB, created as a part of the sweeping Dodd - Frank Act, recently entered into a “co...

Automotive History I: Setting Standards

This is the first of a series of posts tracing the history of the automotive industry from an economics perspective. I'm a member of the...

Slowing Down

With US dealership inventories at 88 days on February 1st – 60 days is healthy – we are seeing a possible mismatch of sales relative to prod...

Federal Agency Should Stop Playing Guessing Games

David Ruggles Here I'm posting a few points I made in " Federal Agency Should Stop Playing Guessing Games " published February...

Talking Macro: WREL show February 20, 2014

Here are notes from my weekly radio show on WREL Lexington, Virginia. The actual show seldom covers all of the topics I prepare, as what I d...