I haven’t posted much recently and just wanted to let you all know that I’m alive and kicking. I’ve been working hard on the study I promised a while back on the relationship (if any) between wages and the balance of trade. It entails going through the trade data for every nation, sifting out the trade in manufactured products, and then correlating that to Purchasing Power Parity for that nation (an approximation of wages). It’s a ton of work that I hope to have complete in a few days.
In the meantime, I may be posting about the lame-duck session of Congress. With dire warnings from the president’s commission on cutting the debt clashing with calls to extend tax cuts and payments for unemployment, something’s got to give. More later.