Archive for the ‘jazzbumpa’ Category:

Is America Losing Its Drive? – Pt. 3 Vehicles per 1000 Persons

{ Posted on Feb 24 2012 by Jazzbumpa }
In private communication, Roger Chittum got me thinking about the vehicle component of gasoline consumption. I'm going focus on the gross vehicle numbers, and not get too deeply into the car/truck/SUV product mix detail.   Data is from the Department of ...Read More »

Has America Lost its Drive? Part 2

{ Posted on Feb 21 2012 by Jazzbumpa }
I made a mistake in my original post.   Graph 4 in that post was based on the wrong data set.  As Roger Chittum pointed out in comments, that graph only covers a subset of total gasoline deliveries. This is the correct ...Read More »

Has America Lost its Drive? Part 2

{ Posted on Feb 21 2012 by Jazzbumpa }
I made a mistake in my original post.   Graph 4 in that post was based on the wrong data set.  As Roger Chittum pointed out in comments, that graph only covers a subset of total gasoline deliveries. This is the correct ...Read More »

Has America Lost its Drive?

{ Posted on Feb 17 2012 by Jazzbumpa }
Yesterday,  Karl Smith posted on Oil and the Structural Recession.  This seems to be one of Karl's thinking-out-loud posts, with more questions than answers, some convoluted reasoning, and a conclusion that higher gasoline prices are in our future.  If I ...Read More »

More on Markets and Neoliberalism from Crooked Timber

{ Posted on Feb 12 2012 by Jazzbumpa }
Actual markets in the American economy are extremely rare and unusual beasts. An economics of markets ought to be regarded as generally useful as a biology of cephalopods, amid the living world of bones and shells. But, somehow ...Read More »

Where Has All The Money Gone, Pt IV – Dividends

{ Posted on Feb 07 2012 by Jazzbumpa }
We've already seen in previous installments of this series that since about 1980, I: corporate profits have soared, II: the slice of profits going to finance has soared even more, and III:  wages have stagnated.  Here we see what corporations ...Read More »

Where Has All The Money Gone, Pt IV – Dividends

{ Posted on Feb 07 2012 by Jazzbumpa }
We've already seen in previous installments of this series that since about 1980, I: corporate profits have soared, II: the slice of profits going to finance has soared even more, and III:  wages have stagnated.  Here we see what corporations ...Read More »

Income and Consumption

{ Posted on Feb 03 2012 by Jazzbumpa }
Tags :
Categories : All, Angry Bear, consumption, income, jazzbumpa
This is another look at the idea I put forth here, that - contra the standard economic idea that consumption depends on wealth - I believe that consumption depends on income.  It's worth stressing that wealth and income are not ...Read More »

Where Has All The Money Gone – Pt. III, Not to You and Me

{ Posted on Jan 31 2012 by Jazzbumpa }
Part I showed the money going to corporate profits, not to the salaries of working people.  Part II showed that the finance sector has captured an increasing slice of the profit pie.  Here is a different look at where the ...Read More »

Wealth and Income Appendix

{ Posted on Jan 27 2012 by Jazzbumpa }
Tags :
Categories : All, Angry Bear, income, jazzbumpa
 In this post, earlier today, I forgot to link to this article over at Naked Capitalism. The salient point is, that specifically for investors, spending is related exclusively to income, never to wealth. It goes on to posit that QE and monetary ...Read More »