What we tax and how we spend send a message. So today, let’s look at what countries with more economic freedom tell us through their fiscal policy. Laissez-Faire Countries I’ve selected la…
Macroeconomics
The study of how the economy behaves as a whole as well as economy-wide phenomena.
Looking at America’s Two Economies
Comparing the locations, incomes, and jobs of Democrats and Republicans, we see America’s two economies and a tension between democracy and capitalism.…
When Does Cash Matter?
Looking at the economic impact of India’s 2016 demonetization of large denomination rupees, researchers concluded that cash still matters.…
Why Grandma is Smiling
A Social Security shortfall will create tradeoffs between the generations that get more than they paid to the system and others that get much less.…
Where the Federal Deficit Can Fool Us
At $1 trillion, the ballooning U.S. deficit can be understood as a number, as a proportion of the budget, and the reason we owe China so much money.…
Why Our Earnings Are Not What They Seem to Be
Ranging from barely budging to a 32 percent increase, the ups and downs of average hourly earnings can be debated, depending on your numbers.…
The Ripple of a No Deal Brexit
When we follow the trail of a no deal Brexit, the massive ripple of its impact ranges from intangible uncertainty to a real impact on business activity.…
What You Might Not Know About Debt
We might find some surprises when we look closely at categories of consumer debt that include credit cards, student and auto loans, and mortgages.…
Why We Should Care About Economic Uncertainty
It is likely that the economic uncertainty created by changes in trade regulations will affect business investment, consumer spending, and the GDP.…
The Connection Between Traffic Jams and Jobs
As the downside of low unemployment, traffic congestion can have an invisible cost that relates to time, gas, and aggravation.…