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Ronald Rutherford

 
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  • Elephant in the Room: Public vs. Private Employee Pay [View article]
    Certainly it is a broad brush as we are looking at aggregates.
    Maybe in fact you are right, we should pay those employees the highest bidder. I in fact might be willing to do any of those jobs for a million a year plus benefits...
    May 5 01:00 PM | Likes Like |Link to Comment
  • Elephant in the Room: Public vs. Private Employee Pay [View article]
    Certainly, I did point out that there may be a selection bias, but it was not "overpaid" but over compensated more broadly.
    May 5 12:56 PM | Likes Like |Link to Comment
  • Embrace the FIRE Economy [View article]
    Funny Philip.

    The graph is "value added by sector" as percentages of GDP. Why is so loosely correlated with employment?

    I talked about the false claims of collapse of the manufacturing sector in my last post at: seekingalpha.com/artic...
    Feb 8 03:34 PM | Likes Like |Link to Comment
  • Macro View: A Perusal of Structural Rigidity [View article]
    Well, did not mean to harm you Übermensch.
    I find Krugman as a useful sounding board and as such he is the most visible and vocal of certain ideas. I have spent more than a couple of posts telling him he is a Dweeb, but then others where he is correct -- especially about not fearing inflation just yet.

    Maybe the housing market should have been included but it is more indirectly related to labor mobility. I would have liked to have also included more about immigration but just so much is useful before it dribbles on...
    Dec 30 01:05 PM | Likes Like |Link to Comment
  • Macro View: A Perusal of Structural Rigidity [View article]
    "laissez-faire=monopoly"
    I don't think so, but which markets are you referring to -- in other words be more specific.
    Dec 30 12:59 PM | Likes Like |Link to Comment
  • On Oil Exports and the Falsity of Headline Numbers [View article]
    I meant your Seeking Alpha "Instablog". I found your latest post interesting, although I wish I had more time to address all the issues you brought up. Maybe a little later.

    Thanks for your comments, and yes I will have to search it out. I do hope that it is not as high of price as $140...
    Dec 19 01:55 PM | Likes Like |Link to Comment
  • On Oil Exports and the Falsity of Headline Numbers [View article]
    Thanks for your considerate response.
    If you have the chance, I would appreciate if you could narrow down that which you do not agree with.

    I will certainly check out your blog. To me "peak oil" is bunk though. It has more to do with peak political oil.
    Dec 15 12:54 PM | Likes Like |Link to Comment
  • Biggest Story for 2011? China, Its Looming Real Estate Bubble and Neo-Mercantilism [View article]
    Considering that their "stimulus" did not stimulate worldwide consumption then it is doubtful their collapse will be as dramatic as you appear to make it. Their are plenty of other countries that will jump on the chance for exporting to the US. Many of these developing countries have been hurt by the Chinese currency being undervalued.
    Dec 11 09:16 PM | 1 Like Like |Link to Comment
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