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Archive for September, 2009|Monthly archive page

La Bourse & Le Mandelbrot

In La Bourse on September 24, 2009 at 9:44 PM

An interesting image discovery here from yesterday.

La Bourse, meaning the exchange in French, is likely a new term to American ears. In the above graphics, juxtaposed are two images of a bourse approximated: (1) an intra-day image of prices for the U.S. stock market, and (2) an inter-day image of the same variable, i.e., the ^DJI.
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RE: Why Money Matters

In La Bourse on September 16, 2009 at 1:31 PM

The following article is based on a current working paper entitled “An Application of Milton Friedman’s “Why Money Matters” to U.S. Recession 2007:Q4.”

Representing monetary economics, Milton Friedman, the American economist now deceased, published his final article on the subject in the Wall Street Journal on November 17, 2006.  The article, entitled “Why Money Matters”, portrays monetary policy at work in affecting three prominent business cycles: the Great Depression of the U.S. 1920s and 1930s; the Lost Decade of the Japan 1980s and 1990s; and the Dot-Com Bubble of the U.S. 1990s and 2000s. 
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Economer welcomes you

In Intro on September 1, 2009 at 2:57 AM

Economer welcomes you.  This is my first post.  Please read further for now and stay tuned for more later!  For starters, attached are some initial “economer”-variety graphics, comparing the most recent U.S. 2007:Q4 recession with past U.S. recessions. 

In later analysis, we will more thoroughly shine light on Milton Friedman’s methodology encompassed in his final published article from The Wall Street Journal: “Why Money Matters”, dated November 17, 2006.
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