Macroeconomic Measurement

August 15, 2018

A Surprising Way to Cut Healthcare Costs

Assume for a moment you are in a doctor’s office observing an examination. A 70-year old male patient enters pulling an oxygen tank and wearing a […]

May 25, 2018

Greece’s New Bailout Problem

As Greek bailout talks continue, European monetary officials are also concerned that a Greek statistician could receive a life sentence for reporting accurate macroeconomic statistics.

April 27, 2018

What Brexit Subtracts From the EU

To how the Europeans feel about a Brexit impact, we can add how the U.K. will affect the EU's GDP, population, budget, imports and exports when it leaves.

April 25, 2018

When the Economy Is Like the Weather

Economic forecasting can frequently be inaccurate because of changing numbers and human bias or, as Yogi Berra reputedly said, "It's tough to make predictions, especially about the future."

March 9, 2018

What Brexit Will Do to the EU Budget

About more than the U.K., Brexit also creates EU budget problems because of the 10 to 12 billion euros that the British will no longer give annually.