Tag archive for ‘Pinchas Landau’
Pinchas Landau On Tuesday, April 29th, 2014

The rich and the super-rich

– The most important issue in global political economics today is that of income inequality. Theoretical economists, who live in a world of models based on mathematical formulae and an idolatrous belief More...

Pinchas Landau On Sunday, April 27th, 2014

Don’t look to China for salvation

– It is generally accepted today, by everyone except the most US-centric of analysts, that the single most important player in ‘saving the world’ when it was falling apart in late 2008, was More...

Pinchas Landau On Friday, April 25th, 2014

The great American investment

– Everybody knows that the real estate market in the United States is recovering strongly from the slump that followed the great boom that began in the mid-1990s and peaked in 2006. Everybody knows,  More...

Pinchas Landau On Thursday, April 24th, 2014

A Large Coffee, With Sugar

– Inflation, as measured by official price indices – the Consumer Price Index, in most countries – is extremely low. As discussed frequently in this column, for most of the developed world More...

Pinchas Landau On Wednesday, April 16th, 2014

The View From Jerusalem : Current Account Data For 2013

– Bottom line: The current account for 2013 posted a surplus of $7.2bn, far more than in 2012 or 2011 ($0.8bn and $3.3bn respectively) and equivalent to 2.5% of GDP. Given the arrival of offshore More...

Pinchas Landau On Wednesday, April 2nd, 2014

My Home is My…

– A fascinating aspect of the debate that erupted around the latest proposals to bring down housing prices in Israel was the underlying assumption – made explicit by some interviewees in some of the programs More...

Pinchas Landau On Thursday, February 20th, 2014

GDP for 4th Quarter and 2nd Half of 2013 (First Estimate) : Very Confusing And Should Be Handled With Care

– Bottom line: The latest GDP data are very confusing and should be handled with care. This is the first time we have seen fourth quarter (Q4) data on their own, and they present a very different picture More...

Pinchas Landau On Friday, February 14th, 2014

Israel Economy : Budget Data for January 2014

– Bottom line: The Treasury hit a home run in January, getting its budget performance in 2014 off to a very strong start. The key features were strong revenues, even after accounting for one-off items More...

Pinchas Landau On Monday, January 20th, 2014

Israel Economy : CPI and Inflation, December and Full-Year 2013

– Bottom line: The 0.1% rise in the CPI for December was – for a change – in line with forecasters’ consensus prediction and brings the annual rise in the Index to 1.8% for 2013, compared with More...

Pinchas Landau On Monday, January 20th, 2014

Israel Economy : Budget Data for December and for Full-Year 2013

– Bottom line: The budget deficit for 2013 came in at NIS33.2bn, or 3.13% of estimated GDP – even lower than expected. Beyond that, the latest data contained no surprises and they point to two More...

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