Real GDP Growth: Percent Change from Year Ago
From Greg Mankiw (Note: Greg shows real GNP growth, the chart above is real GDP growth, both on an annual percent change basis from a year ago. Both graphs tell the same story).
CARPE DIEM
Professor Mark J. Perry's Blog for Economics and Finance
Friday, May 30, 2008
About Me
- Name: Mark J. Perry
- Location: Washington, D.C., United States
Dr. Mark J. Perry is a professor of economics and finance in the School of Management at the Flint campus of the University of Michigan. Perry holds two graduate degrees in economics (M.A. and Ph.D.) from George Mason University near Washington, D.C. In addition, he holds an MBA degree in finance from the Curtis L. Carlson School of Management at the University of Minnesota. In addition to a faculty appointment at the University of Michigan-Flint, Perry is also a visiting scholar at The American Enterprise Institute in Washington, D.C.
Previous Posts
- Moscow Now Has More Billionaires than NYC
- Real Disposable Income Growth Highest in 2008
- Real Gas Prices Now At All-Time High, But Will Fall
- Index Funds Consistently Outperform Actively Manag...
- Wait Times at Traditional MDs vs. Retail Clinics: ...
- Futures 101
- Cartoon of the Day: Sorry, There's Nothing There
- Investigate Big Congress, Not Big Oil
- Housing Affordabilty Remains High in April
- Blame Congress for High Oil Prices
1 Comments:
We have had many comparisons to the oil crisis of the 70s even invoking the S word, stagflation.
Interestingly enough have been reading The President, the Pope and the Prime Minister. Curiously, many of the predictions of gloom & doom of the late 1970s seem to be having a resurgence. Not sure if this is a reflection of the last hurrah of the radicalized boomers.
It is interesting to actually read the mindset of the left during this epoche. One can certainly see why Ronald Reagan was such a breath of fresh air.
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