The Impact of the iPhone5 on the US Economy

J.P. Morgan’s chief economist, Michael Feroli, estimated sales of the iPhone5 could boost annualized GDP growth in calendar Q4 by 0.25 to 0.5 percentage points.  You can read more here.

How Quickly Can We Exhaust the Social Security Trust Fund?

Last week the Social Security Trustee Report reported the Social Security trust fund will be exhausted by 2033. Comparing this date with previously released estimated Veronique de Rugy at the Mercatus Center highlights the estimated exhaust date has continued to decline and is now estimated to happen 20 years sooner than estimated in 1990.  The chart below […]

Why Can’t I see Hotel Inventory?

Last month – while in NYC for the CleanSlate executive forum – I stayed at the Westin New York. I arrived in NYC at 1AM and knowing in advance that I’d be arriving late called the Westin to check-in earlier that day. I’ve been “walked” enough times to know that when I’m going to be arriving late at the hotel I should call in advance. Like […]

Deficit Reduction

Deficit reduction is all the rage these days and as a result there are a plethora of (formal and informal) plans on how to address the rising national burden.  The Committee for a Responsible Federal Budget recently published a comparison tool to help us mere mortals navigate 30 different plans. You can also look here for a printer-friendly […]

Yes, believe the hype about the National Debt

Sally Kohn’s recent prose in USA Today was right in spirit, but nowhere else.  Yes, we should worry about innovation.  Yes, the future of the US economy is innovation.  And yes, we should be making strategic investments into innovation.   But it is ludicrous to suggest the national debt discussion is some “ideological attack.” Kohn inaccurately […]

Some Math Behind Electric Vehicles

The following was original published in CE Vision Magazine. You can download the full issue here. The presence of electric vehicles at CES continues to grow with 2011 setting records on multiple fronts. As gas prices rise and show little sign of retreating any time soon, interest in electric vehicles will continue to peak in the […]