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Daily Archives: August 29, 2011

BEA – Personal Income and Outlays – July 2011

News release: “Personal income increased $42.4 billion, or 0.3 percent, and disposable personal income (DPI) increased $32.5 billion, or 0.3 percent, in July, according to the Bureau of Economic Analysis. Personal consumption expenditures (PCE) increased $88.4 billion, or 0.8 percent. In June, personal income increased $27.7 billion, or 0.2 percent, DPI increased $22.6 billion, or 0.2 percent, and PCE decreased $14.3 billion, or 0.1 percent, based on revised estimates. Real disposable income decreased 0.1 percent in July, in contrast to an increase of 0.3 percent in June. Real PCE increased 0.5 percent, compared with a decrease of less than 0.1 percent.”

Baker Institute: Shadowy Figures: Tracking Illicit Financial Transactions

Shadowy Figures: Tracking Illicit Financial Transactions in the Murky World of Digital Currencies, Peer-to-Peer Networks, and Mobile Device Payments – John Villasenor, Nonresident Senior Fellow, Governance Studies, Center for Technology Innovation Cody Monk, Instructor/Lecturer, National Intelligence University and the Naval Postgraduate School “The history of the movement of money is as complex and varied as… Continue Reading

Increasing Share of Minority Births in United States Signals New Demographic Tipping Point

America Reaches Its Demographic Tipping Point Demographics, Ethnicity, Race, Children & Families, William H. Frey, Senior Fellow, Metropolitan Policy Program, The Brookings Institution “The latest wave of 2010 Census data, released this week, confirms what earlier surveys have strongly hinted: virtually half of recent births in the U.S. are minorities. We are becoming a more… Continue Reading

Bank for International Settlement – The real effects of debt

The real effects of debt. Stephen G Cecchetti, M S Mohanty and Fabrizio Zampolli, 05 August 2011. This paper was prepared for the “Achieving Maximum Long-Run Growth” symposium sponsored by the Federal Reserve Bank of Kansas City, Jackson Hole, Wyoming, 25-27 August 2011. “At moderate levels, debt improves welfare and can enhance growth. But high… Continue Reading

New beta of standalone version of Zotero, Open Source Reference Manager

Roy Rosenzweig Center for History and New Media: “Zotero is an easy-to-use yet powerful research tool that helps you gather, organize, and analyze sources (citations, full texts, web pages, images, and other objects), and lets you share the results of your research in a variety of ways. An extension to the popular open-source web browser… Continue Reading

White House Infographic: Record Judicial Diversity, Record Judicial Delays

“Creating a judicial pool for the 21st Century, one with intellect, fair-mindedness and integrity that resembles the nation that it serves, is a top priority for President Obama and his administration. In fact, the President’s nominations for federal judges embody an unprecedented commitment to expanding the racial, gender and experiential diversity of the men and… Continue Reading

World Bank Policy Research Working Paper – The Impact of Economics Blogs

The Impact of Economics Blogs, David McKenzie and Berk Özler, August 2011 “There is a proliferation of economics blogs, with increasing numbers of economists attracting large numbers of readers, yet little is known about the impact of this new medium. Using a variety of experimental and non-experimental techniques, this study quantifies some of their effects.… Continue Reading

FBI Releases 2010 Mortgage Fraud Report

2010 Mortgage Fraud Report Year in Review, August 2011 “The purpose of this study is to provide insight into the breadth and depth of mortgage fraud crimes perpetrated against the United States and its citizens during 2010. This report updates the 2009 Mortgage Fraud Report and addresses current mortgage fraud projections, issues, and the identification… Continue Reading