Thursday Update (albeit posting late)

Mike Smitka I do a weekly radio segment on the economy on WREL, the local Lexington Virgina AM radio station. Here are my notes from the Au...

China: yuan depreciation or dollar appreciation?

by Mike Smitka, Economics, Washington and Lee University The coverage I've read focuses, implicitly or explicitly, on the RMB [yuan 元] /...

How to Grow a Financial Business: Bubbles vs the Long Haul

I've been struck by the correlation between large shifts in the flow of funds and bubbles, but haven't found data other than for the...

Employment: tortoise slow, tortoise steady?

Since Summer 2011 job growth has generally outpaced population growth, adjusting for the retirement of the baby boomers. However, it's a...

Lambo: A Rampage of Conspicuous Consumption

mike smitka If vehicles were purely practical devices to get from point A to point B then car enthusiasts would not exist. Colors? – everyth...

Elephants in the Room! Startling New Studies Revealed!

ruggles/Wards Two important automotive conferences were held in New York City recently in conjunction with the New York International Auto ...

Notes from the International Car Rental Show April 2015

Ruggles/Wards/Bobit Media I was recently privileged to attend the International Car Rental Show, held at Bally’s Las Vegas. I have attende...