Adding together the goods and services we produce in the GDP, statisticians wonder if they should include illegal economic activities.…
Macroeconomics
The study of how the economy behaves as a whole as well as economy-wide phenomena.
Why It’s Tough to Make Stock Market Predictions
The long term increase of the S&P 500 and the Dow Industrials misleadingly entices investors to believe that it’s easy to make stock market predictions.…
How the Economy Affects Our Vote
The impact of the economy on our voting patterns is about much more than inflation, unemployment, and how much the GDP has grown.…
The Big French Fry Crunch
Because of bad weather in parts of Canada and the major U.S. growing states, we could have a potato shortage that creates a French fry crunch.…
Where Grandma Isn’t Smiling
When an Australian business school scored the pension income systems in 37 countries, they gave many more C grades than anyone would like to receive.…
The Red and Blue States That Like The Same Halloween Candy
Looking at our Halloween spending, we can compare the candy that red and blue states prefer and then see what else we buy.…
Why World Series Ticket Prices Are Soaring
Because baseball fans from Washington D.C. have waited 86 years for their team to reach the top, their World Series ticket prices are soaring.…
How Laissez-Faire Countries Tax and Spend
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…
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.…