Economic History

November 2, 2015

Why China’s Two-Child Policy Might Not Work

Although China has said it will replace its one-child policy with a two child limit, small families remain a social norm that will be tough to change.

October 29, 2015

The Impact of a Legendary Economics Curve

Showing the connection between inflation and unemployment, the Phillips Curve has been re-interpreted, re-affirmed and condemned as a monetary policy tool.

October 27, 2015

Solving the Mystery of the Disappearing Workers

One reason we have a labor force participation rate of 62.4 percent is because retirees, students, the disabled and people who care for family do not work.

October 23, 2015

Why Our Kids Will Not Care For Us When We Are Old

Because of aging populations in the developed world and in China, concern about care for the elderly and rising dependency ratios have increased.

October 21, 2015

An Update: What We Need to Know About the Debt Ceiling

A debt ceiling controversy could erupt by November 3rd when Jack Lew says the U.S. Treasury will need to borrow to meet its spending obligations.

October 14, 2015

A Nobel Message on Health and Wealth

The 2015 winner of the Nobel Memorial Prize in Economics, Angus Deaton studied inequality through health and wealth and micro and macroeconomics.

October 5, 2015

The Connection Between Your Credit Score and Your Love Life

Because credit card scores predict trustworthiness and financial distress, they indicate whether a co-habitation relationship will be long lasting.

October 2, 2015

The Importance of Accurately Estimating When We Will Die

Retirement savings and income depend on the person's prior income, longevity, the macroeconomic environment, Social Security and other entitlement programs.

September 30, 2015

Part 1: Understanding the Student Loan Crisis

The characteristics of the student loan crisis include a high default and delinquency rate, huge amounts of money and a personal and macroeconomic impact.

September 22, 2015

Next Week’s Budget Problems

Always contentious, the federal budget needs to be approved by October 1st or a continuing resolution needs to enable discretionary federal spending.

September 16, 2015

Bringing The Martian Down to Earth

For pure enjoyment The Martian is a good read but also it helps us recognize how travel to Mars has and will have positive externalities on earth.

September 15, 2015

Why Doing Good is Not Always Easy

By recognizing the tradeoffs of recycling, preserving endangered species and improving world health, doing good could become more productive.