|
Shadow Government Statistics
Shadowstats.com is a website that analyzes and offers alternatives to government economic statistics for the United States. Shadowstats primarily focuses on inflation, but also keeps track of the money supply, unemployment and GDP by utilizing methodologies abandoned by previous administrations from the Clinton era to the Great Depression. The site is authored by consulting economist Walter J. Williams, who holds a BA in Economics and an MBA from Dartmouth College.Shadowstats main page "Walter J. "John" Williams was born in 1949. He received an A.B. in Economics, cum laude, from Dartmouth College in 1971, and was awarded a M.B.A. from Dartmouth's Amos Tuck School of Business Administration in 1972 .. During his career as a consulting economist... He is popularly known as " ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
United States House Committee On Financial Services
The United States House Committee on Financial Services, also referred to as the House Banking Committee and previously known as the Committee on Banking and Currency, is the committee of the United States House of Representatives that oversees the entire financial services industry, including the securities, insurance, banking and housing industries. The Financial Services Committee also oversees the work of the Federal Reserve, the United States Department of the Treasury, the U.S. Securities and Exchange Commission and other financial services regulators. The House Committee on Financial Services is considered to be one of the House's most powerful committees. It is currently chaired by Democrat Maxine Waters from California. Waters was elected as chair of the committee, and assumed office on January 3, 2019. The Ranking Member is Republican Patrick McHenry from North Carolina, he has served as the Ranking Member since January 3, 2019. Jurisdiction Under the rules of the 11 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hyperinflation
In economics, hyperinflation is a very high and typically accelerating inflation. It quickly erodes the real value of the local currency, as the prices of all goods increase. This causes people to minimize their holdings in that currency as they usually switch to more stable foreign currencies. When measured in stable foreign currencies, prices typically remain stable. Unlike low inflation, where the process of rising prices is protracted and not generally noticeable except by studying past market prices, hyperinflation sees a rapid and continuing increase in nominal prices, the nominal cost of goods, and in the supply of currency. Typically, however, the general price level rises even more rapidly than the money supply as people try ridding themselves of the devaluing currency as quickly as possible. As this happens, the real stock of money (i.e., the amount of circulating money divided by the price level) decreases considerably.Bernholz, Peter 2003, chapter 5.3 Almost all ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
MIT Billion Prices Project
The Billion Prices Project (BPP) was an academic initiative at MIT Sloan and Harvard Business School that uses prices collected from hundreds of online retailers around the world on a daily basis to conduct research in macro and international economics and compute real-time inflation In economics, inflation is an increase in the general price level of goods and services in an economy. When the general price level rises, each unit of currency buys fewer goods and services; consequently, inflation corresponds to a reduct ... metrics. It was started in 2008 by professors Alberto Cavallo and Roberto Rigobon. In 2007, the BPP initiated Inflación Verdadera, a project that provided a daily inflation gauge for Argentina, serving as an alternative to the official CPI which was manipulated by the government during 2007-2016. Within the same framework, in May 2017 the BPP began experimenting with crowd-sourcing and mobile technologies to measure the monthly inflation rate in Venezue ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Nominal Interest Rate
In finance and economics, the nominal interest rate or nominal rate of interest is the rate of interest stated on a loan or investment, without any adjustments or fees. Examples of adjustments or fees # An adjustment for inflation(in contrast with the real interest rate) # Compound interest (also referred to as the nominal annual rate). Nominal versus real interest rate The concept of real interest rate is useful to account for the impact of inflation. In the case of a loan, it is this real interest that the lender effectively receives. For example, if the lender is receiving 8 percent from a loan and the inflation rate is also 8 percent, then the (effective) real rate of interest is zero: despite the increased nominal amount of currency received, the lender would have no monetary value benefit from such a loan because each unit of currency would get devaluated due to inflation by the same factor as the nominal amount gets increased. The relationship between the real interest val ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Valerie Ramey
Valerie Ramey is an American economist at University of California, San Diego and an Elected Fellow of the American Academy of Arts & Sciences. In 2018, she was elected a fellow of the Econometric Society. She is a member of the American Academy of Arts and Sciences and research associate at the NBER. She was awarded the R. K. Cho Economics Prize in 2020. Career and research Ramey has a BA in economics and Spanish from the University of Arizona (1981) and a PhD in economics from Stanford University (1987). She is an associate editor of the ''Journal of Political Economy''. Her works have been cited over 15,000 times according to Google Scholar. Her research has been quoted in CNN, the New York Times and the Wall Street Journal ''The Wall Street Journal'' is an American business-focused, international daily newspaper based in New York City, with international editions also available in Chinese and Japanese. The ''Journal'', along with its Asian editions, is published .... ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bureau Of Economic Analysis
The Bureau of Economic Analysis (BEA) of the United States Department of Commerce is a U.S. government agency that provides official economy of the United States, macroeconomic and industry statistics, most notably reports about the gross domestic product (GDP) of the United States and its various units—states, cities/towns/townships/villages/counties, and metropolitan areas. They also provide information about personal income, corporate profits, and government spending in their National Income and Product Accounts (NIPAs). The BEA is one of the principal agencies of the Federal Statistical System of the United States, U.S. Federal Statistical System. Its stated mission is to "promote a better understanding of the U.S. economy by providing the most timely, relevant, and accurate economic data in an objective and cost-effective manner". BEA has about 500 employees and an annual budget of approximately $101 million. National accounts BEA's national economic statistics (Nation ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Katharine Abraham
Katharine G. Abraham (born August 28, 1954) is an American economist who is the director of the Maryland Center for Economics and Policy, and a professor of survey methodology and economics at the University of Maryland. She was commissioner of the Bureau of Labor Statistics from 1993–2001 and a member of the Council of Economic Advisers from 2011–2013. She was elected a member of the National Academy of Sciences in 2022. Education Abraham holds a bachelor of science degree in economics from Iowa State University (1976) and a Ph.D. in economics from Harvard University (1982). She was an assistant professor at MIT's Sloan School of Management and a research associate at the Brookings Institution before joining the faculty at the University of Maryland in 1988. Career During her time as commissioner of the Bureau of Labor Statistics, Abraham laid the groundwork for the American Time Use Survey, the first U.S. government survey of time use, and established the Federal Econ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Forbes
''Forbes'' () is an American business magazine owned by Integrated Whale Media Investments and the Forbes family. Published eight times a year, it features articles on finance, industry, investing, and marketing topics. ''Forbes'' also reports on related subjects such as technology, communications, science, politics, and law. It is based in Jersey City, New Jersey. Competitors in the national business magazine category include ''Fortune'' and ''Bloomberg Businessweek''. ''Forbes'' has an international edition in Asia as well as editions produced under license in 27 countries and regions worldwide. The magazine is well known for its lists and rankings, including of the richest Americans (the Forbes 400), of the America's Wealthiest Celebrities, of the world's top companies (the Forbes Global 2000), Forbes list of the World's Most Powerful People, and The World's Billionaires. The motto of ''Forbes'' magazine is "Change the World". Its chair and editor-in-chief is Steve Fo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
CNBC
CNBC (formerly Consumer News and Business Channel) is an American basic cable business news channel. It provides business news programming on weekdays from 5:00 a.m. to 7:00 p.m., Eastern Time, while broadcasting talk shows, investigative reports, documentaries, infomercials, reality shows, and other programs at all other times. Along with Fox Business and Bloomberg Television, it is one of the three major business news channels. It also operates a website and mobile apps, whereby users can watch the channel via streaming media, and which provide some content that is only accessible to paid subscribers. CNBC content is available on demand on smart speakers including Amazon Echo devices with Amazon Alexa, Google Home and app devices with Google Assistant, and on Apple Siri voice interfaces including iPhones. Many CNBC TV shows are available as podcasts for on-demand listening. Graphics are designed by Sweden-based Magoo 3D studios. CNBC is a divisi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Fox Business Network
Fox Business (officially known as Fox Business Network, or FBN) is an American business news channel and website publication owned by the Fox News Media division of Fox Corporation. The channel broadcasts primarily from studios at 1211 Avenue of the Americas in Midtown Manhattan. Launched on October 15, 2007, the network features trading day coverage and a nightly lineup of opinion-based talk shows. Day-to-day operations are run by Kevin Magee, executive vice president of Fox News; Neil Cavuto is the vice president and managing editor for the network and business news operation overall. As of February 2015, Fox Business Network is available to approximately 74,224,000 pay television households (63.8% of households with television) in the United States. History News Corporation chairman Rupert Murdoch confirmed the launch at his keynote address at the 2007 McGraw-Hill Media Summit on February 8, 2007. Murdoch had publicly stated that if News Corporation's purchase of ''The Wal ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Regnery Publishing
Regnery Publishing is a politically conservative book publisher based in Washington, D.C. The company was founded by Henry Regnery in 1947, and is now a division of radio broadcaster Salem Media Group. It is led by President & Publisher Thomas Spence. Regnery has published books by former Republican Party chairman Haley Barbour, Ann Coulter, Sarah Palin, former Speaker of the United States House of Representatives Newt Gingrich, columnist Michelle Malkin, Robert Spencer, pundit David Horowitz, U.S. Senator Ted Cruz, former U.S. Vice President Mike Pence and his family, U.S. Senator Josh Hawley, and Barbara Olson. History Regnery Publishing has existed as a series of companies associated with Henry Regnery. The first, Henry Regnery Company, was founded in Chicago in 1947 and split in 1977, forming Regnery Gateway Inc. and Contemporary Books Inc. Under the leadership of Henry Regnery's son, Alfred Regnery, Regnery Gateway became the modern-day Regnery Publishing. Thomas Jr., Rober ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
