Month: October 2005

2006: The Year of Stagflation?

Stagflation is a condition of high unemployment and high inflation.  This creates a policy dilemma for the Federal Reserve because they can only effectively tackle one of these problems at a time.  If the Fed raises...

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Thursday Dog Blog (is back!)

The dog blog and I have both been on vacation, along with my girlfriend, to West Australia.  We spent part of our time touring Ningaloo Reef, the largest fringing coral reef in Australia.While we were away, the dog, Luna,...

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Bell Tolls for Helicopter Advertisement

Boeing and Bell Helicopters have issued an apology for an advertisement in the National Journal, a Washington based magazine for government insiders. This follows a complaint by the Council for American-Islamic Relations about...

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