Much too low, the D+ from the American Society of Civil Engineers for our transportation infrastructure needs reconsideration.…
Macroeconomics
The study of how the economy behaves as a whole as well as economy-wide phenomena.
How the Alphabet Will Describe the Recovery
Called an alphabet recovery, the ABC’s of the GDP trajectory after a massive decline can be illustrated through the letters of the alphabet and a Swoosh.…
How the U.S. Mint and a Breath Mint Are Causing Coin Shortages
Hershey’s Breath Saver mints and the U.S. Mint have both contributed to the coin shortages problems that the Federal Reserve is trying to solve.…
How Covid-19 Affects the Cost of Living
Because a Covid-19 basket of goods and services has a different inflation rate from the CPI basket, the cost of living might not be what we think it is.…
A Quick and Easy Look at Real Unemployment Numbers
While the headlines tell us the monthly unemployment rate, we can look at other numbers in the report to get the whole story.…
Comparing Welfare in 13 Countries
Although the per capita GDP gap between two countries could appear large, the difference shrinks when you bring welfare into your calculations.…
The COVID-19 Vaccine’s Distribution Dilemmas
Even if all works out with with a fast-track compressed timeline for developing the COVID-19 vaccine, we will have distribution dilemmas to resolve.…
What We Will Miss in the Mall
Looking at the first shopping mall and its evolution, we can see how its original concept will now be turned upside down.…
The Country That Was Called a Serial (Debt) Deadbeat
When an emerging markets nation like Argentina has a vulnerable economy, then the pandemic lockdown can create a sovereign debt default.…
Why We Worry About “Murder Hornets”
When thousands of decapitated bees were found in a Washington state hive, we began worrying about the impact of murder hornets on the bee population.…