Final Installment: The Capital Commerce Debate

Saturday, April 14, 2007 | 07:19 AM


Our five part debate at US News & World Report comes to a conclusion. The follow up to this will be on Kudlow next week (Monday or Tuesday), where I square off against Don Luskin.

My biggest complaint is that this morphed into a battle between logic and rhetoric. I tried to stick to facts, cited sources, and logic. I thought Don became somewhat slippery in his arguments.

Read 'em all, judge for yourselves:

Round 5: The Recession's Lurking on the Grassy Knoll vs The Likelihood of Recession Is Real

Round 4: A Disingenuous Look at the Hard Facts vs Job Growth Is Weak, Savings Are Nil, and Debt Is Soaring

Round 3: Bears Can't Explain Why Housing Hasn't Tanked the Economy vs The Numbers Are Clear, and the Economy Has Slowed

Round 2: Don’t Worry–Be Happy vs Worry a Lot–Housing Will Hurt the Economy>

Round 1: The Bullish versus Bearish Economic View


Saturday, April 14, 2007 | 07:19 AM | Permalink | Comments (44) | TrackBack (0) add to | digg digg this! | technorati add to technorati | email email this post



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"My biggest complaint is that this morphed into a battle between logic and rhetoric."

Here, here. Sigh. While the exact linkage (econometrically speaking) is hard to define statistics presumes stability in the underlying system. In this case the whole point is that historically low rates created an anomoly and changed the parameters on the relationships. As you point out.

BtW - sidenote. Having helpded found FDX's logistics bizz and run IBM's supply chain solutions strategy I'll suggest that JIT, etc. is more talked about than implemented. Penetration is not at all what the headliners would think having learned the jargon but not checked the realities.

Posted by: dblwyo | Apr 14, 2007 10:24:27 AM

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