China's Singles Day

November 11 was Singles Day in China. Started by a group of college students during the 1990s, Singles Day is when unmarrieds shower each other with gifts. I have read that 11/11 represents 4 bare sti…

GDP Solutions

It is all about GDP.  In this article, the WSJ does a good job of explaining how each GDP component might solve our problems…or make them worse. Consumer Spending: The largest part of GDP, …

Regulatory "Pay-Go"

Too much regulation? Senator Mark Warner’s proposed legislation is an interesting approach. Concerned that regulation is “stifling fresh investment and discouraging innovation,” Sena…

A Savings Lottery

Assume you have 3 extra dollars each day. Would you use it for a lottery ticket or a savings account? Most people would select the lottery ticket. Economists, though, hoping to elevate our nation̵…

The NYC Economy

With “Law & Order” being canceled by NBC, the New York City economy will feel it. Of course actors are affected but also the caterers who feed them, the stores that sell them the lawye…

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