Economic Growth

February 16, 2014

What Can We Learn From Downton Abbey Economics?

Downton Abbey can tell us a lot about the British economy…but not everything. We know the aristocracy is struggling. Many of the 700 families who had […]

February 9, 2014

Problems With the Unemployment Rate

Almost everyone is saying the unemployment rate is a problem. At 6.6% and with job creation at 113,000, the numbers reflect a troubled jobs market. The […]

February 6, 2014

A Surprising Connection Between Tennessee and the Affordable Care Act

There is probably a tradeoff between health insurance and the demand for jobs. During 2005 in Tennessee, the demand for jobs increased when 170,000 people lost their Medicaid […]

February 4, 2014

Brazil’s World Cup To-Do List

Preparing its transportation infrastructure for the 2014 World Cup and the 2016 Olympics, Brazil has one giant to-do list. In the air and on the ground, it […]

January 30, 2014

Have We Halved the Deficit?

In the State-of-the-Union, President Obama said, “Our deficits–cut by more than half.” Looking at the federal deficit as a percent of GDP, we can say that the […]

January 23, 2014

One Reason That $1.1 Trillion is Not So Much

The Congress just agreed on $1.1 trillion in federal spending. But let’s look a bit more closely… Each year, I give my class a federal budget […]

January 22, 2014

One Way That the “Poor Beat the Rich”

In just 8 minutes, Hans Rosling shows us that, with child mortality rates, the developing world is making more progress than we might expect. With his […]

January 20, 2014

The Revolution That Grandma Started

The NYC Miss Subways competition was about a lot more than pretty “girls” (as they were called). To become Miss Subways for a month, applicants had […]

January 16, 2014

Connecting Abigail Adams to Janet Yellen

Reading about “touch generations” in Sam Arbesman’s Wired Magazine blog, I realized that Abigail Adams and Janet Yellen were connected. Different generations touch when one’s birth year coincides with someone else’s […]

January 15, 2014

The Green Blog: Why Japan Might Face a Demographic Crisis

By Madeleine Vance, guest blogger and student at Kent Place School. As of late, younger Japanese citizens are choosing to live the single life rather than […]

January 12, 2014

Which College Grads Have Unemployment Problems?

With a 6.7% unemployment rate and 74,000 jobs created for December, are you okay if you have a bachelor’s degree? I discovered some answers in a […]

January 11, 2014

Happy Birthday to a Great Father (of our economy)

When you sing happy birthday to Alexander Hamilton today, please just think of an upward sloping (logarithmic) economic growth line:   Today, 257–or maybe 259–years ago […]