Thursday morning radio: the economy on WREL

Mike Smitka Well, I've gone through another week without a post on the auto industry, but Thursday has come and my WREL Lexington (VA) r...

Low oil prices: not a Saudi conspiracy

Mike Smitka Saudi Arabia is not what it used to be. Their petroleum and other liquids production in 2014, at 11.6 million barrels per day [...

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...